Author Topic: Race from 250 to 500k!  (Read 847977 times)

facepalm

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Re: Race from 250 to 500k!
« Reply #2250 on: June 09, 2020, 07:18:09 AM »
79% savings rate this month with no mortgage payment (refinanced last month). It's crazy how little we spend staying at home - it's giving me confidence that in a future downturn, we could easily crank our discretionary spending down to ride out a bad market season.


Nice! I am in a similar savings bracket (72%) and agree--it is amazing how little you need to spend when confined at home. Makes me think I could retire well before 2025.


On another note: I have been tracking my totals weekly, and just realized there is a small chance that I will graduate this thread at the end of the month.  Currently sitting at 492K.
« Last Edit: June 09, 2020, 07:20:54 AM by facepalm »

ZsaZsa

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Re: Race from 250 to 500k!
« Reply #2251 on: June 09, 2020, 07:40:40 AM »
Well my bounce back put me up in the next race! Greetings...this is the highest my total has ever been. I'm almost afraid to crow about it too much...is that tempting fate? I feel safe among this tribe...

Portfolio totals:
1/28/20 $253,542.85
2/20/20 $264,385.15
2/28/20 $241,121.58
3/13/20 $209,201.71  Ouch!
4/3/20  $214,113.72
4/30/20 $241,361.42   Encouraging, regained 32,159.71 from the lowest point that I recorded.
5/27/20 $252,278.03 Still not back where we were in February, but it looks like it at least pushed us into the next race! Hope we stay there this time!
6/8/20 $265,620.41

Looks like we were/are in the same boat lol
We both better keep rowing!

Genevieve

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Re: Race from 250 to 500k!
« Reply #2252 on: June 09, 2020, 09:28:38 AM »
Joining the thread late. I don't know why I hadn't noticed this until now! I think we'll crack $500k in December with an annual bonus, but depending on the craziness of the stock market, it could happen before then.

June 9, 2020: $474,321

I've been following MMM/ERE since 2012, but we've varied in our enthusiasm for savings over the years. Currently trying to save a decent amount while also pursuing all of our life goals. We want to get to FI and actually already be living how we want to live, work, lifestyle, giving back, etc.

Net Worth Dec 2019: $454,301, <-- Had a kid in October, Savings rate 52%
Net Worth Dec 2018: $280,087, <-- Savings rate 48%
Net Worth Dec 2017: $165,042 <-- Savings rate 40%
Net Worth Dec 2016: $87,878.65<-- Moved to NYC, Savings rate 27% excluding moving costs, 15% including moving costs
Net Worth Dec 2015: $54,568.08 <-- My husband graduated from his PhD and started earning great $$$, moved to Texas.
Net Worth Dec 2014: $29,446.16 <-- I quit my job to switch career fields, we took a month off to go backpacking in Europe, my husband is still a grad student.
Net Worth Dec 2012: $26,461.85

monarda

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Re: Race from 250 to 500k!
« Reply #2253 on: June 10, 2020, 07:37:45 AM »
If I look at cash and securities only (not counting rental equity or primary residence equity) I belong on this thread

1/2016  $137K
1/2017  $154K
9/2017  $244K  (cash out refinance of primary residence)
3/2018   $208K  includes 0% credit card debt.
6/2018  $213K    ditto but without 0% CC balance and including pension balance, $328K.
12/2018   $250K   ditto but without 0% CC balance and including pension balance, $353K
12/2019  $328K  but without 0% CC balance and including pension balance, $425K

6/2020  $343K, but without 0% CC balance and including pension balance. $448K

conservative projections:
3/2021     $400K
6/2023??   $500K

SeattleStache

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Re: Race from 250 to 500k!
« Reply #2254 on: June 26, 2020, 08:15:47 AM »
First number is retirement savings & other long term investments, second is total NW including cash emergency savings and real estate equity.

September 2019: $261,238 (total NW $387,863)
October 2019: $260,934 (total NW $381,797)
November 2019: $280,569 (total NW $405,660)
December 2019: $292,062 (total NW $423, 991)
January 2020: $299,351 (total NW $430,390)
February 2020: $281,810 (total NW $412,616) ouch!
March 2020: $249,818 (total NW $390,340) double ouch!
April 2020: $273,408 (total NW $426,464)
May 2020: $300,289 (total NW $453,672)
June 2020: $313,013 (total NW $456,056)

ZsaZsa

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Re: Race from 250 to 500k!
« Reply #2255 on: June 30, 2020, 06:30:40 AM »
Portfolio totals:
1/28/20 $253,542.85
2/20/20 $264,385.15
2/28/20 $241,121.58
3/13/20 $209,201.71  Ouch!
4/3/20  $214,113.72
4/30/20 $241,361.42   
5/27/20 $252,278.03
6/8/20 $265,620.41
6/30/20 $260,161.31 At least we're still in this race...hope to stay for a while! I should add that this is strictly portfolio...because I am retiring in 10 days! Does not include two saving accounts, checking account, house paid down to $18,000, and paid off house that one of our kids is buying from us. Mr. Z is long retired, and has his pension and social security. I think we'll get by...

trc4897

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Re: Race from 250 to 500k!
« Reply #2256 on: June 30, 2020, 06:39:10 AM »
Keep up the good work everyone!

My update for end of June

201920202021
January$137,280     $293,698     -
February$146,582$302,360-
March$150,267$266,971-
April$176,495$300,121-
May$185,139$322,480-
June$187,672$331,012-
July$189,881--
August$197,857--
September     $199,332--
October$206,540-Estimated Graduation
November$229,780--
December$274,581--

Estimated graduation keeps creeping up. Now up to October 3rd, 2021! July will be a high spending month so I am curious to see how it changed the estimated graduation date.

tarheeldan

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Re: Race from 250 to 500k!
« Reply #2257 on: June 30, 2020, 06:51:24 AM »
I am retiring in 10 days!

Congratulations!!!!

Genevieve

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Re: Race from 250 to 500k!
« Reply #2258 on: June 30, 2020, 09:24:18 AM »
Net Worth:
June 2020: $465,444.67

Dec 2019: $454,301
Dec 2018: $280,087
Dec 2017: $165,042
Dec 2016: $87,878.65
Dec 2015: $54,568.08
Dec 2014: $29,446.16
Dec 2012: $26,461.85

Estimated graduation Dec 2020. July will be an expensive month as we are breaking our lease due to the whole coronavirus situation, so I bet we will go backwards.

Imustacheyouaquestion

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Re: Race from 250 to 500k!
« Reply #2259 on: June 30, 2020, 10:11:07 AM »

                       2018                2019                2020               
January-$255,892.49$424,020.62
February-$284,061.44$430,723.62
March-$302,124.69$409,926.04
April-$311,269.23$376,066.87
May-$326,333.60$436,765.80
June-$324,533.94$444,626.75
July$250,737.17$346,414.84$460,340.01
August$258,326.17$353,235.46-
September$271,396.46$357,483.82-
October$276,447.64$382,001.08Graduation?
November$258,733.03$394,916.44-
December$272,495.64$408,747.03-

https://docs.google.com/spreadsheets/d/1AU7U1LTOW0D-_TiWUZJ7OSolSB_ULYQC2ZWSNW5hig0/edit#gid=0

UnleashHell

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Re: Race from 250 to 500k!
« Reply #2260 on: June 30, 2020, 02:04:15 PM »

Nov-17 - 300k
May-18  - 375k
July -18 - 400k
Dec-18 - 345K

Mar-19 - 415K
Jun-19 nw 444K - liquid -514K
Sep-19 nw 450K liquid 527K
dec-19 nw  490k liquid 575k  annual increase to nw - 145k

Jan-20 nw  483 liquid 563
feb-20 nw 440 liquid 520
mar-20 nw 374 liquid 455
apr-20 nw 435 liquid 513
may-20 nw 460 liquid 535
Jun-20 nw 468 liquid 541

well net worth did pop into the 500's again but yet again didn't hold. getting tired of that!!!

dreadmoose

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Re: Race from 250 to 500k!
« Reply #2261 on: June 30, 2020, 03:45:08 PM »
                       2016                2017                2018                2019                2020                2021               
January--$25,189$116,236$230,742$402,238-
February--$24,977$122,183$244,321$389,937
MarchMMM->-$21,759$122,763$252,749$359,271-
April--$15,838$129,950$263,657$441,401-
May-$7,447$149,174$252,690$482,281-
June-$16,623$154,992$287,639$499,025-
July-$19,048$27,638$167,846$299,427--
August-$18,739$39,025$180,481$313,257Graduation?-
September-$21,536$49,626$185,098$321,358--
October-$25,832$59,438$194,857$336,179--
November-$25,621$71,949$205,772$351,985--
December-$25,405$110,473$212,859$385,426--

Well that was a tight finish, invested $24,852 but only went up by $16,743 for June. For a few weeks there it looked like I was out of here but here's to another month!

I expect to invest more in July, so I should break out of this group by the end of the month when I turn 33.

Only tracking personal liquid stash and do not include my wife's savings or any Real Estate equity at this point

Dogastrophe

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Re: Race from 250 to 500k!
« Reply #2262 on: June 30, 2020, 04:43:55 PM »


Investments only; Household combined.

                       2019 ($)            2020 ($)            2021 ($)            2022 ($)           
January-496,255--
February-472,573--
March-444,067--
April-495,051--
May-524,063--
June-524,530--
July330,406---
August437,870---
September443,081---
October452,295---
November483,711---
December484,963---

Second month in row I've been over $500, so going to call it a graduation and move to the next thread next month.

nick663

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Re: Race from 250 to 500k!
« Reply #2263 on: June 30, 2020, 04:54:31 PM »
June 2017:  198.7k
July 2017:  207.5k
August 2017:  211.8k
September 2017:  222.1k
October 2017: *missing*
November 2017:  234.7k
December 2017:  242.4k

March 2018:  263.3k
June 2018:  290.4k
September 2018:  313.7k
December 2018:  296.8k
March 2019:  346.3k
June 2019:  372.4k
September 2019: 390.4k
December 2019:  428.6k
March 2020:  371.1k

June 2020:  456.2k

Not sure if the market will continue this direction but excited to see we're moving in the right direction.

Nick_Miller

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Re: Race from 250 to 500k!
« Reply #2264 on: June 30, 2020, 09:10:55 PM »
Sept. 2018   $252,544.08
Nov.  2018   $248,197.15
Dec.  2018   $256,394.61
Jan.  2019   $252,481.67
Feb.  2019   $287,793.45
Mar.  2019   $304,683.46
April  2019  $311,927.67
May 2019    $320,971.09
June 2019   $315,026.35
July 2019    $326,646.84
Aug 2019    $333,750.35
Sept 2019   $331,716.00
Oct 2019     $338,088.89
Nov 2019    $348,140.01
Dec 2019    $356,233.57
Jan 2020    $364,075.39
Feb 2020    $374,691.07
Mar. 2020   $373,208.41
April 2020  $347,174.09
May 2020   $379,369.40
June 2020 $392,456.38
July 2020 $401,514.57

Hit $400K! Gave my wife a high five. (we give everyone else Wakanda greetings to avoid hand contact)

Nick_Miller

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Re: Race from 250 to 500k!
« Reply #2265 on: June 30, 2020, 09:14:25 PM »
@Dogastrophe, you sure sound like a graduate to me! Congrats, and I hope to see you in the next thread sometime next year.

@dreadmoose, you are crushing it, especially for your age! Oh, to be 32/33 again! I'll give you an early congrats but I hope not to jinx you.

tjrssibelle

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Re: Race from 250 to 500k!
« Reply #2266 on: June 30, 2020, 09:57:53 PM »
Investments only;

Dec 2016: $129.04k
Dec 2017: $196.66k
Dec 2018: $227.08k

Jan 2019: $255.83k
Feb 2019: $263.40k
Mar 2019: $275.82k
Apr 2019: $286.26k
May 2019: $277.52k
Jun 2019: $295.84k
July 2019: $302.29k
Aug 2019: $300.88k
Sep 2019: $309.76k
Oct 2019: $319.40k
Nov 2019: $329.54k
Dec 2019: $339.51k

Jan 2020: $347.23k
Feb 2020: $330.32k
Mar 2020: $293.63k
Apr 2020: $323.58k
May 2020: $340.17k
Jun 2020: $356.25k

Sent from my SM-N960U using Tapatalk


Morning Glory

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Re: Race from 250 to 500k!
« Reply #2267 on: July 01, 2020, 03:16:20 AM »
2017
Jan 1: 236,254
Feb 1: 250,055
Mar 1: 262,196
Apr 1: 269,959
May 1: 282,665
Jun 1: 284,827
Jul 1: 292,037
Aug 1: 293,168
Sep 1: 297,489
Oct 1: 303,111
Nov 1: 309,583
Dec 1: 316,618

2018
Jan 1: 322,183
Feb 1: 332,735
Mar 1: 328,393
April 1: 327,048
May 1: 332,943
June 1: 339,934
July 1: 341,553
Aug 1: 351,978
Sep 1: 356,877
Oct 1: 360,074
Nov 1:346,354
Dec 1: 354,221

2019
Jan 1: 339,623
Feb 1: 358,056
Mar 1: 368,263
April 1: 386,406
May 1: 395,806
Jun 1: 382,758
July 1: 399,023
Aug 1: 404,132
Sep 1: 404,378
Oct 1: 411,212
Nov 1: 421,398
Dec 1: 434,363

2020
Jan 1: 447,716
Feb 1: 451,064
Mar. 1: 427,409
Apr 1: 391,361
May 1: 428,733
Jun 1: 516,412 (net worth)/302,612 (investments)
July 1: 524,981/314,313
« Last Edit: July 01, 2020, 03:21:47 AM by Aunt Petunia »

ItsALongStory

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Re: Race from 250 to 500k!
« Reply #2268 on: July 01, 2020, 06:29:08 AM »
Invested: $270922 (+~7k)
Total net worth: $495000

Ended month on a down day but that's just a blip on the chart soon.

Pleased to have stayed in this thread with $260287 liquid. I had already decided to start maximizing my 401k early so that came in handy. excited to see what will happen when the market starts recovering.
Well, dropped below the lower end of this thread for now: $238521 liquid and about $450k total net worth following a drop in home value as well.

Just gotta keep plugging along.
Back up to about $275k liquid, so firmly back in the thread. Will update with more detail tomorrow.

More specifics: HSA $14912 + 401k/Roth/Taxable $259271 = $274183

Home equity dropped a bit, so would put total NW around $490k

We should know soon how much home equity we really have, our house is going on the market mid June.

This was a great month with some stock vesting and the final few dollars going into pre-tax 401k. Did splurge a bit on a gift for the wife but all in all a great month:

$295108.5 = HSA $16201 + 401k/Roth/Taxable $278907.5

Also sold one of our cars which should bring down expenses by about $500 per month. Fingers crossed for $300k by end of June
This past month we agreed to sell our house and got more for it than we expected. Not having used a realtor on the sell side definitely was a bit scary but turned out just fine.

Our investments ended at $310720.03 with expected home equity of $240k putting us nicely over the $500k all up. Once we get the cash from the sale I will report it here and we will hopefully move up although I do expect that new lockdowns may be needed and result in a stock market drop so might get thrown back into here.

hudsoncat

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Re: Race from 250 to 500k!
« Reply #2269 on: July 01, 2020, 06:43:07 AM »
                       2016                2017                2018                2019                2020                2021               
January-$134,179$222,019$261,809$403,264-
February-$140,623$236,831$286,584$414,417-
March-$148,087$234,104$303,681$388,201-
April-$153,745$234,452$314,939$355,475-
May-$161,518$241,470$331,080$398,672-
June-$167,077$249,398$320,926$417,280-
July-$171,538$253,884$342,700$424,818-
August-$179,124$264,666$354,784--
September-$180,682$276,905$351,842--
October-$192,217$285,986$360,853--
November$121,639$199,128$267,359$374,706--
December$128,335$207,436$281,461$391,293--

Spendy month of house repairs and looking like another one this month. We'll see how things shake out.
« Last Edit: July 31, 2020, 11:25:42 AM by hudsoncat »

NextTime

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Re: Race from 250 to 500k!
« Reply #2270 on: July 01, 2020, 08:32:43 AM »
Investments only


First of             2018                2019                2020               
January-$206,667$304,693
February$198,265$224,401$305,287
March$204,080$231,997$290,554
April$204,080$236,710$274,909
May$206,310$246,138$298,297
June$207,731$245,062$320,072
July$209,453$256,868$331,215
August$218,450$256,076-
September$224,243 $266,197-
October$227,037$274,186-
November$214,107$284,427-
December$219,948$295.004-


SpareChange

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Re: Race from 250 to 500k!
« Reply #2271 on: July 01, 2020, 09:01:48 AM »

Up $8,474 to $418,148.

dogboyslim

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Re: Race from 250 to 500k!
« Reply #2272 on: July 01, 2020, 09:06:35 AM »
Taxable Investments only.

After some work circumstances have become more clear, and conversation with Mrs. DBS about our goals, we are going to slow down our contributions in this space by half to fund some different goals, so I removed a graduation estimate.  We are going to build up some cash to deal with potential income disruption.  If it doesn't happen, we'll resume, but right now its looking like 50/50 chance it will happen.


                       2017                2018                2019                2020                2021               
January$59,598$130,690$172,016$276,751-
February$94,135$130,112$210,931$288,444-
March$96,711$170,547$220,649$274,230-
April$100,313$175,470$231,153$298,302-
May$104,001$181,127$230,149$316,851-
June$107,339$183,621$244,641$330,345-
July$111,240$190,156$252,651--
August$113,472$162,706$257,825--
September$117,719$165,350$264,537--
October$119,898$160,600$273,062--
November$121,666$165,845$294,017--
December$125,576$160,236$269,709--
« Last Edit: July 01, 2020, 09:09:16 AM by dogboyslim »

BiggerFishToFI

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Re: Race from 250 to 500k!
« Reply #2273 on: July 01, 2020, 09:22:19 AM »
I'm a half-millionaire!

$100k --> $250k took ~ 15 months
$250k --> $500k took ~ 18 months
$500k --> $1.0M ~ Estimated graduation November 2022, or 28 months from now.
$500k --> $1.5M (FI) ~ Estimated November 2024, or 52 months from now.

Off to the next thread to join my other half-millionaires where we will rejoice in eating fancy trader joes cheeses, Costco olives and sipping on those little premade margaritas found in the gas station cooler doors.

Month   Investments   Networth   
04/30/17   $67,858   $125,786   <---- Discovered MMM / LBYM
09/30/17   $100,416   $168,105   <---- 100k Invested
01/31/19   $251,061   $311,711   <---- 250k Invested
02/28/19   $265,980   $328,866   
03/31/19   $283,322   $346,316   
04/30/19   $303,551   $367,527   
05/31/19   $303,986   $364,917   
06/30/19   $329,675   $388,175   
07/31/19   $346,447   $406,628   
08/31/19   $348,793   $411,689   
09/30/19   $358,623   $424,118   
10/31/19   $380,193   $417,791   
11/30/19   $394,260   $441,217   
12/31/19   $413,479   $495,002   
01/31/20   $431,646   $502,333   
02/29/20   $419,487   $491,881   
03/31/20   $372,621   $438,618   
05/15/20   $438,164   $517,660   
05/31/20   $473,869   $554,921   
06/30/20   $501,158   $573,100   <---- 500k Invested

JLee

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Re: Race from 250 to 500k!
« Reply #2274 on: July 01, 2020, 10:56:46 AM »
2017
Code: [Select]
Date             Assets           Debts          Net Worth
Oct 2017 $370,483.90 -$120,007.15 $250,476.80
Dec 2017 $382,100.79 -$121,838.12 $260,262.67

2018
Code: [Select]
Date             Assets           Debts          Net Worth
Jan 2018 $390,088.91 -$119,841.70 $270,247.21
Feb 2018 $393,016.96 -$118,184.89 $274,832.08
Mar 2018 $388,528.30 -$117,901.07 $270,627.23
Apr 2018 $396,987.40 -$118,619.04 $278,368.36
May 2018 $399,896.79 -$125,537.47 $274,359.32
Jun 2018 $393,835.05 -$119,226.10 $274,608.95
Jul 2018 $405,587.66 -$124.894.90 $280,692.80
Aug 15th 2018 $289,351.24 $0.00 $289,351.24
Aug 2018 $296,066.75 -$1,507.49 $294,559.30
Sep 2018 $297,258.10 -$2,513.24 $294,744.86
Oct 2018 $270,846.50 -$2,179.98 $268,666.52
Nov 2018 $283,924.79 -$3,588.97 $280,335.80
Dec 2018 $263,008.28 -$2,510.11 $260,498.17

2019
Code: [Select]
Date             Assets           Debts          Net Worth
Jan 2019 $286,398.03 -$3,720.22 $282,677.81
Feb 2019 $303,524.32 -$65.88 $303,458.40
Mar 2019 $303,218.72 $0.00 $303,218.72
Apr 2019 $319,854.21 -$2,685.70 $317,168.50
May 2019 $307,507.31 -$2,240.87 $305,266.40
Jun 2019 $731,745.00 -$426,815.80 $304,929.20
Jul 2019 $736,673.88 -$431,083.30 $305,590.60
Aug 2019 $735,255.93 -$429,153.68 $306,102.25
Sep 2019 $736,594.53 -$431,388.57 $305,205.96
Oct 2019 $753,717.95 -$431,346.90 $322,371.05
Nov 2019 $778,884.35 -$426,308.33 $352,576.02
Dec 2019 $781,597.49 -$426,057.09 $355,540.40

2020
Code: [Select]
Date             Assets           Debts          Net Worth
Jan 2020 $787,211.64 -$425,357.09 $361,854.55
Feb 2020 $755,990.43 -$417,635.17 $338,355.26
Mar 2020 $756,805.46 -$464,555.13 $292,250.33
Apr 2020 $808,288.92 -$461,043.60 $347,245.32
May 2020 $820,040.10 -$455,622.69 $364,417.41
Jun 2020 $826,539.24 -$455,286.73 $371,252.51

Mrs. D.

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Re: Race from 250 to 500k!
« Reply #2275 on: July 01, 2020, 01:28:19 PM »
Excited to be in this thread now! Family of 4 earning <90K in a MCOLA.

March 2018 - 250
May 2018 - 256
Aug 2018 - 272
Dec 2018 - 248
March 2019 - 282
June 2019 - 300
June 2020 - 370 and hit savings goal for the year!

~$1,200/month in automated savings (401K and HSA) in addition to mortgage. As our cash balance balloons we periodically make contributions to Roth's, 529's, etc.


ingrownstudentloans

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Re: Race from 250 to 500k!
« Reply #2276 on: July 02, 2020, 07:41:04 AM »
Joining - I reevaluated how/what I was tracking for purposes of these races and have decided to include equity in our investment properties. 

(IRA/401K/taxable accounts/conservative equity in rental properties):

2/1/2020 $333,916.40
3/1/2020 $386,416.81 (put cash into new rental property)
4/1/2020 $386,032.10
5/1/2020 $404,443.66
6/1/2020 $450,581.83 ($30k of the bump is from an increase in rental property equity based on refinance appraisal)
7/1/2020 $455,164.98
« Last Edit: July 02, 2020, 07:53:07 AM by ingrownstudentloans »

tarheeldan

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Re: Race from 250 to 500k!
« Reply #2277 on: July 02, 2020, 10:53:35 AM »
I'm a half-millionaire!

Congratulations!!!

tarheeldan

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Re: Race from 250 to 500k!
« Reply #2278 on: July 02, 2020, 10:58:31 AM »
Up $20,022.39 or 5.45% last month, with help from the market and from an annual elective employer profit-sharing contribution, to $387,575.39.
Can't wait to breach $400k and feel like I'm in the home stretch for this challenge :)

https://docs.google.com/spreadsheets/d/1AU7U1LTOW0D-_TiWUZJ7OSolSB_ULYQC2ZWSNW5hig0/edit#gid=1302523503

fuzzy math

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Re: Race from 250 to 500k!
« Reply #2279 on: July 02, 2020, 12:43:18 PM »
Investments only - Hoping to graduate 10/31/20 !!

Jun 2018  $219,320
Jul 2018   $228,483
Aug 2018  $234,711
Sep 2018  $245,993
Oct 2018  $251,023
Nov 2018  $238,881
Dec 2018  $244,687 

Jan 2019  $226,942 
Feb 2019  $249,796
Mar 2019  $270,351
Apr 2019  $285,770
May 2019  $295,838
Jun 2019  $283,393
Jul 2019   $307,071
Aug 2019  $315,942
Sep 2019  $318,301
Oct 2019  $334,301
Nov 2019  $352,430
Dec 2019  $370,715

Jan 2020  $401,716
Feb 2020  $414,430
Mar 2020  $412,631
Apr 2020  $393,815
May 2020  $414,524
Jun 2020  $452,579
Jul 2020 $471,455

Will fix format next month


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Jaayse

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Re: Race from 250 to 500k!
« Reply #2280 on: July 02, 2020, 06:31:39 PM »
Investments only, solo journey (so far)


                       2017                2018                2019                2020                2021               
January-$232,213$356,542$500,087-
February-$245,447$383,348$502,244-
March-$242,789$394,563$475,671-
April$164,900$246,140$403,461$429,092-
May-$318,398$421,194$474,155-
June-$328,870$409,591$500,241-
July$180,808$342,159$435,981$516,358-
August$189,280$354,936$443,135--
September$193,727$366,727$441,101--
October$209,968$374,465$452,232--
November$220,602$361,296$466,688--
December$225,918$370,140$482,944--


Well, I think I'm going to bite the bullet and move on to the next thread.  I'll see you all there!

zee dot

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Re: Race from 250 to 500k!
« Reply #2281 on: July 03, 2020, 07:43:28 AM »
9/2017 (168,529.23)
10/2017 (156,730.67)
12/2017 (155, 778.96)
1/2018 (146,335.62)
2/2018 (146,208.20)
3/2018 (90,769.56) annual bonus
4/2018 (83,753.06)
6/2018 (73,857.57)
9/2018 (61,215.95)
10/2018 (51,434.89)
12/2018 $90,683.73 (sold a house)
01/2019 $96,400.22
02/2019 $150,040.56 (annual bonus)
03/2019 $152,786.73
04/2019 $200,186.35
05/2019 $195,428.02
06/2019 $106,265.42 (bought an apartment for my mom)
09/2019 $133,351.70 (market movement, my own apt appreciated)
11/2019 $157,752.34
12/2019 $161,956.70
1/2020 $240,295.73 (raise, bonus, market movement)
3/2020 $210,091.77 (COVID-19 market movement)
4/2020 $239,976.10
5/2020 $254,753.20
6/2020 $267,135.65

Radagast

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Re: Race from 250 to 500k!
« Reply #2282 on: July 03, 2020, 05:46:44 PM »
Quarter StockBondCash  +House
Q3 2016:  $112,200     $165,800
Q4 2016:  $124,300     $178,500
Q1 2017:  $148,300     $203,300
Q2 2017:  $160,548     $217,018
Q3 2017:  $178,042     $235,102
Q4 2017:  $203,082     $260,736
Q1 2018:  $213,941     $272,491
Q2 2018:  $223,802     $283,554
Q3 2018:  $235,666     $296,330
Q4 2018:  $229,947     $291,293
Q1 2019:  $284,421     $346,689
Q2 2019:  $315,573     $378,769
Q3 2019:  $350,244     $414,376
Q4 2019:  $408,250     $473,325
Q1 2020:  $362,044     $428,120
Q2 2020:  $457,379     $524,413
8/11 of our accounts are higher now than they were in January.

Honestly, I may start counting real estate and go over to the next thread next month. We are going to buy a second house shortly, at which point we will have two houses with two units each, throwing off $2800 revenue per month. Sure we will be living in the fourth and largest unit, but at this point I think real estate needs to be acknowledged as part of our net worth. There is a reason we are not selling the old one, and choosing the new one over a cheaper house or an apartment.

oneday

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Re: Race from 250 to 500k!
« Reply #2283 on: July 04, 2020, 03:35:12 PM »
Note: I'm not working ATM - just started the job search, so no projected graduation currently.



                       2018                2019                2020                2021                2022               
January-$283K$354K--
February-$291K$342K--
March-$294K$304K--
April$263K$304K$328K--
May$268K$293K$337K--
June$270K$309K$340K--
July$276K$314K---
August$284K$313K---
September$287K$329K---
October$276K$325K---
November$280K$335K---
December$268K$343K---
[/quote]

@Check2400 Welcome back, no need to hide!

@zee dot Congrats on a quarter-mil!

@ZsaZsa Welcome & congrats on your highest total ever and impending retirement!

@dignam welcome back, hope you "stick" this time!

@Genevieve welcome! Impressive increase in SR over the years!

@UnleashHell @nick663 @neo von retorch @ingrownstudentloans @fuzzy math  you are close to graduation,do you have projected graduation dates?

@Dogastrophe @BiggerFishToFI @Jaayse Big congrats to all three of you! Exciting to have so many graduates in one month!

@ItsALongStory congrats on the home sale!  I guess you are a short-timer in this thread, now ;)

oneday

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Re: Race from 250 to 500k!
« Reply #2284 on: July 04, 2020, 09:37:29 PM »
@oneday market whims...

But if my old house sale closes and the money shows up in early August.... the equity becoming liquid will push me well over the goalposts! (But I only post once per quarter, so September 2nd or so!)

Oooo, yes!  When is closing?  You indicated something about 2 weeks on your journal a bit ago, that would be 7/8.

solon

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Re: Race from 250 to 500k!
« Reply #2285 on: July 05, 2020, 08:43:42 AM »

 1-2017  $88,615
 1-2018 $132,155
 1-2019 $177,349
 1-2020 $282,110
 2-2020 $290,845
 3-2020 $288,022
 4-2020 $257,224   <- almost got sent down to the minors
 5-2020 $276,627
 6-2020 $299,563
 7-2020 $304,249

Slowly but surely.

nimish555

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Re: Race from 250 to 500k!
« Reply #2286 on: July 05, 2020, 08:47:13 AM »
It would be nice if people post their salaries too. Having a $500K salary and posting $200k savings in a year does not make sense.


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zee dot

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Re: Race from 250 to 500k!
« Reply #2287 on: July 05, 2020, 09:04:55 AM »
Would knowing other people's salaries help you save more?

ItsALongStory

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Re: Race from 250 to 500k!
« Reply #2288 on: July 05, 2020, 03:35:40 PM »
It would be nice if people post their salaries too. Having a $500K salary and posting $200k savings in a year does not make sense.


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Where does it end though?
Should we ask people to specify if they live in low col or high col area? How about kids? Is the house paid off? Do you incorporate company match?

This isn't about comparing yourself to others that have different circumstances. It's about tracking your own progress and maybe compare to what you may have projected before.

UnleashHell

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Re: Race from 250 to 500k!
« Reply #2289 on: July 05, 2020, 06:59:45 PM »
It would be nice if people post their salaries too. Having a $500K salary and posting $200k savings in a year does not make sense.


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its  tough to find a realistic comparison though. I have a lot of outgoings that relate to my divorce that will impact me for years - none of that helps someone unless they are in exactly the same scenario. optimize your expenses, save and invest - thats all there is to it. some times its great - other times its not. stick to the plan and you'll be good.

facepalm

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Re: Race from 250 to 500k!
« Reply #2290 on: July 05, 2020, 07:39:52 PM »

                       2017                2018                2019                2020     
January-318,100359,000465,145
February-321,800370,750467,380
March-313,540378,525418,695
April255,900322,810391,005454,145
May263,800328,600397,260472,320
June268,100331,860407,265485,420
July273,100340,250413,395-
August276,800341,770413,070-
September284,500348,465420,460-
October292,100343,960429,655-
November302,000347,470442,315-
December309,500340,950447,950-

 All figures in US dollars.

ItsALongStory

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Re: Race from 250 to 500k!
« Reply #2291 on: July 05, 2020, 09:19:48 PM »
@oneday Yeah, with the equity added to our net worth we will surpass $500k between my wife and I.

still working on convincing her to invest all but like 20k in the market but having some qualms about putting it all in the market right now vs DCAing throughout the next year or 2.

Bettersafe

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Re: Race from 250 to 500k!
« Reply #2292 on: July 06, 2020, 03:19:14 AM »
My net worth-update for June:

2020
January: 256,102.42
February: 300,208.75
March: 301,773.44
April: 313,024.78
May: 312,719.72
June: 312,640.78

Went down a bit due to some legal costs again.

DarkandStormy

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Re: Race from 250 to 500k!
« Reply #2293 on: July 06, 2020, 07:09:09 AM »
3/1/19 - $268,584 // $154,100
4/1/19 - $281,161 // $160,561
5/1/19 - $287,799 // $169,570
6/1/19 - $299,560 // $163,398
7/1/19 - $309,640 // $178,229
8/1/19 - $317,066 // $185,846
9/1/19 - $321,205 // $186,588
10/1/19 - $327,232 // $191,328
11/1/19 - $335,150 // $197,615
12/1/19 - $340,787 // $208,029
1/1/20 - $352,472 // $223,044
2/1/20 - $362,809 // $229,548
3/1/20 - $356,377 // $216,835
4/1/20 - $330,416 // $192,356
5/1/20 - $362,077 // $220,959
6/1/20 - $381,391 // $240,213

7/1/20 - $399,404 // $257,588

dreadmoose

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Re: Race from 250 to 500k!
« Reply #2294 on: July 06, 2020, 12:40:36 PM »
@dreadmoose, you are crushing it, especially for your age! Oh, to be 32/33 again! I'll give you an early congrats but I hope not to jinx you.

Thanks Nick, I feel wholly too privileged being able to save like this (after this current contract I expect my salary to be cut in half).

I'll accept your congrats in the hope that other people don't get more screwed if they can't afford the market tanking. With this long of a retirement window, any amount of market loss barring a complete failure only helps my projections so I won't be personally offended if it backfires.

For those discouraged by other's gains, I feel for you. I believed there was no way I would be able to save this much ever, and have many strokes of luck and inherent privilege that got me here. Start with what you can and it'll snowball as you find other ways to save or provide value and demand proper compensation for it.

I'm also not sure it'll help anyone save more but I invest over 70% of what I make each year, which leaves my family with the median family income (after tax) for where we're located so we aren't struggling at all.

nkt0

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Re: Race from 250 to 500k!
« Reply #2295 on: July 07, 2020, 07:29:13 AM »
Quite the unbelievable recovery this quarter.

Investments/Net Worth
Q3 2018: $175k/$291k
Q4 2018: $162k/$280k
Q1 2019: $185k/$313k
Q2 2019: $199k/$331k
Q3 2019: $210k/$344k
Q4 2019: $283k/$448k
Q1 2020: $244k/$404k
Q2 2020: $309k/$472k

nick663

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Re: Race from 250 to 500k!
« Reply #2296 on: July 08, 2020, 06:52:43 PM »
@UnleashHell @nick663 @neo von retorch @ingrownstudentloans @fuzzy math  you are close to graduation,do you have projected graduation dates?
Thanks!  Q3 might happen if the market continues upward like it has been but realistically we're probably looking at Q4.

UnleashHell

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Re: Race from 250 to 500k!
« Reply #2297 on: July 09, 2020, 08:02:35 AM »


@UnleashHell @nick663 @neo von retorch @ingrownstudentloans @fuzzy math  you are close to graduation,do you have projected graduation dates?


@oneday
I graduated a couple of times - just waiting for it to stick!!!  keep falling back which is very frustrating!

The Tester

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Re: Race from 250 to 500k!
« Reply #2298 on: July 09, 2020, 07:55:34 PM »
Looks like I forgot to post an update for May.  I've regained all my losses and then some.

November 2019-$266,069
December 2019-$277,275
January 2020-$281,256
February 2020-$268,507
March 2020-$244,811
April 2020-$275,495
May 2020-$296,407
June 2020-$311,160
[/quote]

dignam

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Re: Race from 250 to 500k!
« Reply #2299 on: July 13, 2020, 08:53:14 AM »

Feb 2020 $253k
Mar 2020 $221k [COVID-19]
Apr 2020 $239k
May 2020 $244k
Jun 2020 $265k
Jul 2020 $269k