Author Topic: Race from 500k to 1M!  (Read 480554 times)

bownyboy

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Re: Race from 500k to 1M!
« Reply #2050 on: December 31, 2020, 01:51:56 AM »
Jan 2014 - 222,149
===============
Jan 2015 - 250,275 (+28,126)
===============
Jan 2016 - 272,607 (+22,332)
===============
Jan 2017 - 346,854 (+74,247)
===============
Jan 2018 - 456,088 (+109,234)
===============
Jan 2019 - 495,379 (+39,291)
===============
Jan 2020 - 606,791 (+111,412)
===============
Jan 2021 710,040 (+103,249)

And its goodbye to the roller coaster that was 2020! All things considered, for those that buy and hold, people have done very well. On January 1st I forecast that we'd be around 720k at the end of the year using assumptions about contributions and growth.

Be interesting to start a thread where we all guess where we think we'll be on 31st December 2021.



Ladychips

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Re: Race from 500k to 1M!
« Reply #2051 on: December 31, 2020, 08:01:31 AM »
12/16 - $360,891     $570,338
12/17 - $473,407     $697,411
12/18 - $480,550     $732,108
12/19 - $669,819     $943,739

01/20 - $675,940     $951,251
02/20 - $632,514     $909,220
03/20 - $570,114     $848,222
04/20 - $639,036     $918,460
05/20 - $668,874     $949,803
06/20 - $691,239     $973,588     
07/20 - $726,252     $1,009,931
08/20 - $779,767     $1,064,777
09/20 - $757,594     $1,043,936
10/20 - $751,205     $1,038,882
11/20 - $837,535     $1,126563

12/20 - $868,659     $1,259,159

Crazy, crazy, crazy.  Rounding to nice round numbers...we have had ~$60,000 in contributions and ~$140,000 in gains in one year.  One year!  The last two years alone have increased our savings by ~$270,000 growth, not including contributions).  I hate to repeat myself, but that's bat shit crazy. 

Our retirement timeline hasn't changed but the growth in the last two years absolutely have changed where we are sitting.  I know we could lose the same amount that we have gained so I'm not going to lose my mind...but still this has been an amazing couple of years.

Six more months for us until we pull the trigger.  I don't see us getting to $1 mil in money but I'm absolutely ok with that.

BiggerFishToFI

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Re: Race from 500k to 1M!
« Reply #2052 on: December 31, 2020, 08:27:16 AM »
Month   Invested   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
06/30/20   $501,158   $573,100   <---- 500k Invested
07/31/20   $534,311   $613,166   
08/31/20   $582,298   $662,814   
09/30/20   $568,854   $652,181   
10/31/20   $576,142   $672,826   
11/30/20   $645,423   $741,146   
12/31/20   $705,754   $811,062   

Bonus time! 100% of it was split 50/50 between VTSAX and VTIAX to bring up my international allocation a little.

I've got a slim chance of breaking $1M invested in 2021 if the markets continue to perform like they did the last 6 months!

Tigerpine

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Re: Race from 500k to 1M!
« Reply #2053 on: December 31, 2020, 09:12:47 AM »
Month   Invested   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
06/30/20   $501,158   $573,100   <---- 500k Invested
07/31/20   $534,311   $613,166   
08/31/20   $582,298   $662,814   
09/30/20   $568,854   $652,181   
10/31/20   $576,142   $672,826   
11/30/20   $645,423   $741,146   
12/31/20   $705,754   $811,062   

Bonus time! 100% of it was split 50/50 between VTSAX and VTIAX to bring up my international allocation a little.

I've got a slim chance of breaking $1M invested in 2021 if the markets continue to perform like they did the last 6 months!

I am in complete awe of your growth rate!  From approx. $68k to approx. $706k in 3.75 years?!?!  Amazing!

BiggerFishToFI

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Re: Race from 500k to 1M!
« Reply #2054 on: December 31, 2020, 12:10:57 PM »
Month   Invested   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
06/30/20   $501,158   $573,100   <---- 500k Invested
07/31/20   $534,311   $613,166   
08/31/20   $582,298   $662,814   
09/30/20   $568,854   $652,181   
10/31/20   $576,142   $672,826   
11/30/20   $645,423   $741,146   
12/31/20   $705,754   $811,062   

Bonus time! 100% of it was split 50/50 between VTSAX and VTIAX to bring up my international allocation a little.

I've got a slim chance of breaking $1M invested in 2021 if the markets continue to perform like they did the last 6 months!

I am in complete awe of your growth rate!  From approx. $68k to approx. $706k in 3.75 years?!?!  Amazing!

As are we, it is pretty unreal looking back! We are very fortunate and have the following contributing factors:

  • DINKs in a MCOL area
  • 70% savings rate, we still live about like we did when I made less than half of what I do now and DW was in school earning peanuts
  • I've somehow managed to earn much more than I ever thought I would, going from 45k right out of college to 160k now (9 years later)
  • DW is in healthcare and finished her doctorate level training in 2017 and earns ~130k
  • Pay $0/month for a high deductable health plan and have no major medical issues
  • Lucked out with some real estate purchased in 2012 and sold in 2017 allowing us to pay off all student loans of ~120k
  • Max out all tax-advantaged space $65k+ plus generous employer matches
  • Purchased mostly VTSAX throughout the last couple of dips and never have sold

Icecreamarsenal

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Re: Race from 500k to 1M!
« Reply #2055 on: December 31, 2020, 03:09:18 PM »
6/4/20: 595k
7/1/20: 596k
8/1/20: 639k
91/20: 655k
10/1/20: 692k
11/1/20: 687k
12/1/20: 793k

@caracarn I'm on book 11 now.  I have to take a breath after a couple of days and read something else.  Looking forward to the Last Battle.

12/31/20: 813k

@caracarn I'm still on book 11 now lol.  Looking forward to seeing Sanderson's take on it, hopefully a little less smoothing of skirts and clutching of braids and boxing of ears and some more movement.

dreadmoose

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Re: Race from 500k to 1M!
« Reply #2056 on: December 31, 2020, 03:26:28 PM »

                       2016                2017                2018                2019                2020                2021                2022               
January 
--$25,189$116,236$230,742$402,238--
February 
--$24,977$122,183$244,321$389,937---
March 
Found MMM->
-$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$540,432-Graduation
August 
-$18,739$39,025$180,481$313,257$571,960--
September 
-$21,536$49,626$185,098$321,358$582,947--
October 
-$25,832$59,438$194,857$336,179$582,543--
November 
-$25,621$71,949$205,772$351,985$658,773--
December 
-$25,405$110,473$212,859$385,426$796,160--

And 2020 is done, my net worth exploded this year and I can't be grateful enough. Keeping my job combined with being able to save like this has shaved years off my original estimates of FIRE.

This month I saved $129,013 and went up by $137,387.

This year my net worth went up a staggering $410,734... which is more than double what it was.

This is also the year I changed my mind about charitable giving. I had planned on accumulating until I was done and then allotting an amount to charities after that. Now, I've decided to donate at least 1% of my net worth a year while I'm still accumulating, and then re-assess if / when I'm FIRE. This year that meant over $8000 split between three charities recommended by GiveWell (through RC Forward). This will slow me down, but not that much, and helping even a little bit makes me feel better about all the privileges that got me here.

Only tracking personal liquid stash and do not include my wife's savings or any Real Estate equity at this point
« Last Edit: January 01, 2021, 12:37:09 PM by dreadmoose »

Jack0Life

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Re: Race from 500k to 1M!
« Reply #2057 on: December 31, 2020, 03:26:46 PM »
Month   Invested   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
06/30/20   $501,158   $573,100   <---- 500k Invested
07/31/20   $534,311   $613,166   
08/31/20   $582,298   $662,814   
09/30/20   $568,854   $652,181   
10/31/20   $576,142   $672,826   
11/30/20   $645,423   $741,146   
12/31/20   $705,754   $811,062   

Bonus time! 100% of it was split 50/50 between VTSAX and VTIAX to bring up my international allocation a little.

I've got a slim chance of breaking $1M invested in 2021 if the markets continue to perform like they did the last 6 months!

I am in complete awe of your growth rate!  From approx. $68k to approx. $706k in 3.75 years?!?!  Amazing!

As are we, it is pretty unreal looking back! We are very fortunate and have the following contributing factors:

  • DINKs in a MCOL area
  • 70% savings rate, we still live about like we did when I made less than half of what I do now and DW was in school earning peanuts
  • I've somehow managed to earn much more than I ever thought I would, going from 45k right out of college to 160k now (9 years later)
  • DW is in healthcare and finished her doctorate level training in 2017 and earns ~130k
  • Pay $0/month for a high deductable health plan and have no major medical issues
  • Lucked out with some real estate purchased in 2012 and sold in 2017 allowing us to pay off all student loans of ~120k
  • Max out all tax-advantaged space $65k+ plus generous employer matches
  • Purchased mostly VTSAX throughout the last couple of dips and never have sold

Man, you guys better have a baby quick or you're not going to know what to do with all the money you will have.

Dogastrophe

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Re: Race from 500k to 1M!
« Reply #2058 on: December 31, 2020, 03:43:25 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--
July330,406552,296--
August437,870632,115--
September443,081617,959--
October452,295604,646--
November483,711664,577--
December484,963674,843--

nick663

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Re: Race from 500k to 1M!
« Reply #2059 on: December 31, 2020, 04:33:55 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
September 2020:  505.5k
December 2020:  590.1k

Looks like we're staying in this thread for a while.  Was nervous as we barely crept over the line last quarter.
« Last Edit: December 31, 2020, 04:36:29 PM by nick663 »

salt cured

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Re: Race from 500k to 1M!
« Reply #2060 on: December 31, 2020, 04:49:29 PM »
Up $229k and my works COVID pay cut ends tomorrow. What up.

11/30/19: $496k
12/31/19: $524k
01/31/20: $533k
02/29/20: $507k
03/31/20: $458k
04/30/20: $510k
05/31/20: $542k
06/30/20: $578k
07/31/20: $624k
08/31/20: $664k
09/30/20: $660k
10/31/20: $653k
11/30/20: $720k
12/31/20: $753k

McStache

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Re: Race from 500k to 1M!
« Reply #2061 on: December 31, 2020, 08:12:09 PM »
                       2015                2016                2017                2018                2019                2020                2021               
January$52,277$102,029$186,657$306,111$344,771$443,598-
February$57,992$107,201$196,191$301,453$357,526$422,062-
March$61,620$116,502$199,234$306,821$364,397$371,488-
April$68,207$121,028$205,602$312,149$375,876$411,410-
May$73,499$132,630$217,515$319,649$366,887$432,756-
June$73,620$136,350$218,315$325,450$388,214$449,153-
July$77,235$143,420$226,577$332,615$393,565$473,639-
August$77,588$149,032$231,008$341,112$391,468$499,746-
September$77,524$161,672$251,872$343,628$400,870$492,572-
October$86,899$160,725$260,359$329,514$411,683$488,099-
November$94,202$170,428$273,396$336,035$423,504$546,559-
December$101,290$179,734$287,829$317,638$441,666$574,853-


I graduated the race to 500k last month, so this is my first month with you all!  I think this one will be a bit more of a meander than a race for me as I may take a sabbatical along the way.

Jaayse

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Re: Race from 500k to 1M!
« Reply #2062 on: January 01, 2021, 02:00:49 AM »
Investments only, solo journey (so far)

                       2017                2018                2019                2020                2021               
January-$232,213$356,542$500,087$659,936
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$544,475-
September$193,727$366,727$441,101$579,806-
October$209,968$374,465$452,232$568,885-
November$220,602$361,296$466,688$562,892-
December$225,918$370,140$482,944$632,574-


Well, I ended the year so much higher than I thought I would be by this point.  I'm up just around 160k for the year.  Hopefully the market will continue to surprise me with how quickly it gets me to the next race.

FIreDrill

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Re: Race from 500k to 1M!
« Reply #2063 on: January 01, 2021, 03:57:23 AM »
I'm in disbelief of 2020.  What an insane year in so many aspects.... I kept throwing money into the market through the crash and the rebound has been insane.  Expecting to see some much lighter gains in 2021 but who knows.  Might hit that double comma club sooner than expected.

End of      NW           Change

12/13:   $41,032   
12/14:   $106,801    $65,769
12/15:   $197,262    $90,461
12/16:   $276,361    $79,099
12/17:   $368,051    $91,690
12/18:   $394,472    $26,421

12/19:   $560,195    $165,723

01/20:   $555,645    $-4,550
02/20:   $548,136    $-7,509
03/20:   $507,165    $-40,971
04/20:   $571,647    $64,482
05/20:   $602,413    $30,766
06/20:   $623,728    $21,315
07/20:   $663,216    $39,448
08/20:   $710,666    $47,450
09/20:   $690,049    $-20,616
10/20:   $692,636    $2,587
11/20:   $775,941    $83,305
12/20:   $840,205    $64,264

Year to date:          +$280,010


Here's to a great 2021!

dandypandys

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Re: Race from 500k to 1M!
« Reply #2064 on: January 01, 2021, 05:11:40 AM »
Jan 2014 - 222,149
===============
Jan 2015 - 250,275 (+28,126)
===============
Jan 2016 - 272,607 (+22,332)
===============
Jan 2017 - 346,854 (+74,247)
===============
Jan 2018 - 456,088 (+109,234)
===============
Jan 2019 - 495,379 (+39,291)
===============
Jan 2020 - 606,791 (+111,412)
===============
Jan 2021 710,040 (+103,249)

And its goodbye to the roller coaster that was 2020! All things considered, for those that buy and hold, people have done very well. On January 1st I forecast that we'd be around 720k at the end of the year using assumptions about contributions and growth.

Be interesting to start a thread where we all guess where we think we'll be on 31st December 2021.

Yes, start it please! AND maybe give tips for using "assumptions about contributions and growth." Because I have no idea how to guess mine!

Trifele

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Re: Race from 500k to 1M!
« Reply #2065 on: January 01, 2021, 05:39:48 AM »
Welcome @McStache!

Totals are investments only, household combined.  The stash keeps growing even though we haven't contributed anything in almost two years.  Would love to graduate in 2021!

5/1/17     $631     
6/1/17     $647     
7/1/17     $655   
8/1/17     $665     
9/1/17     $672   
10/1/17   $684     
11/1/17   $702
12/1/17   $724

1/1/18     $731
2/1/18     $761
3/1/18     $737
4/1/18     $731
5/1/18     $738
6/1/18     $747
7/1/18     $744
8/1/18     $761
9/1/18     $776
10/1/18   $776
11/1/18   $729
12/1/18   $745

1/1/19     $703
2/1/19     $751  FIREd
3/1/19     $769
4/1/19     $813
5/1/19     $841
6/1/19     $810
7/1/19     $841
8/1/19     $849
9/1/19     $826
10/1/19   $832
11/1/19   $854
12/1/19   $870

1/1/20     $886
2/1/20     $881
3/1/20     $845
4/1/20     $745
5/1/20     $815
6/1/20     $848
7/1/20     $867
8/1/20     $893
9/1/20     $917
10/1/20   $900
11/1/20   $888
12/1/20   $953

1/1/21     $970

ingrownstudentloans

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Re: Race from 500k to 1M!
« Reply #2066 on: January 01, 2021, 06:05:13 AM »
(tracking retirement accounts, cash accounts and conservative equity in my rental properties and side businesses)

12/2014    $32,000
12/2016    $64,000 (24 months)
1/2018      $128,000 (25 months)
5/2019      $256,000 (16 months)
11/2020  $512,000 (19 months)
[12/2022 $1,024,000 (24 months)] **TARGET**
--
11/1/2020 $506,667.23
12/1/2020 $552,641.05 (tons of market gains...sustainable/real?)
1/1/2021   $574,330.90 (very excited for the next couple of months...bonus, raises, 401K match all hit!!!)
« Last Edit: January 01, 2021, 06:11:05 AM by ingrownstudentloans »

neo von retorch

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Re: Race from 500k to 1M!
« Reply #2067 on: January 01, 2021, 06:34:50 AM »
Net Worth
1/31/2016:       $254,591
...
7/30/2018:       $486,199
8/31/2018:       $502,494 (+16,295)
9/30/2018:       $519,994 (+17,500)
10/31/2018:     $520,014 (+20)
11/30/2018:     $532,342 (+12,328)
12/31/2018:     $502,059 (-30,283)
1/31/2019:       $505,379 (+3,320)
2/28/2019:       $509,086 (+3,707)
3/31/2019:       $557,340 (+48,254)
...
6/30/2019:       $576,632 (+19,292)
9/30/2019:       $601,219 (+24,587)
12/31/2019:     $650,943 (+49,274)
3/31/2020:       $577,574 (-73,369)
6/30/2020:       $659,081 (+81,507)
9/30/2020:       $729,771 (+70,690)
12/31/2020:     $795,958 (+66,187)

Q2 was still the biggest increase in a quarter of all time!

But Q3 and Q4 were also huge. And... I have been unemployed since 9/15 (furloughed) but our spending rarely exceeds our much more modest income right now.

2Birds1Stone

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Re: Race from 500k to 1M!
« Reply #2068 on: January 01, 2021, 07:34:05 AM »
08/1/2018 - $511,000
09/1/2018 - $519,000
10/1/2018 - $526,000
11/1/2018 - $511,000
12/1/2018 - $523,700
01/1/2019 - $515,100
02/1/2019 - $552,000
03/1/2019 - $576,000
04/1/2019 - $586,200
05/1/2019 - $604,500
06/1/2019 - $590,360
07/1/2019 - $624,000
08/1/2019 - $628,300
09/1/2019 - $637,300
10/1/2019 - $649,800 FIRE'd
11/1/2019 - $675,000
12/1/2019 - $695,700
01/1/2020 - $717,000
02/1/2020 - $721,000
03/1/2020 - $702,500
04/1/2020 - $651,000
05/1/2020 - $686,700
06/1/2020 - $702,200
07/1/2020 - $710,000
08/1/2020 - $731,800
09/1/2020 - $753,000
10/1/2020 - $736,600
11/1/2020 - $731,900 Back to work, whoops!
12/1/2020 - $769,100
01/1/2021 - $800,400

damnedbee

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Re: Race from 500k to 1M!
« Reply #2069 on: January 01, 2021, 07:46:44 AM »
I recently graduated from the race to 500K and am so excited to join you here! As I understand it, this is where the magic happens. FIRE target: $1.25 million

Investments only:

2018: $318K
2019: $402K
2020: $505K

2021:
Jan: $528,711
Feb: $532,709
Mar: $549,037
April: $568,575
May: $603,312
June: $624,000
July: $637,110
Aug: $645,106
Sep: $672,151
Oct:
Nov:
Dec:
« Last Edit: September 03, 2021, 07:03:29 AM by damnedbee »

JJ-

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Re: Race from 500k to 1M!
« Reply #2070 on: January 01, 2021, 09:45:34 AM »
Jan 2017  $275k
Jan 2018 $356k
Jan 2019 $447k
Jan 2020 $559k (433 liquid + 126 prop)
Jun 2020 $560k (440 liquid + 120 prop)
Jan 2021 $745k ($545k liquid)

fattest_foot

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Re: Race from 500k to 1M!
« Reply #2071 on: January 01, 2021, 09:55:41 AM »
                       2014                2015                2016                2017                2018                2019                2020               
January----$341,983$403,773$562,839
February----$333,875$423,854$523,480
March----$328,485$435,590$455,522
April----$338,787$455,332$527,729
May----$353,747$439,288$563,352
June----$361,028$471,706$585,100
July----$381,336$483,830$625,356
August----$402,486$479,814$676,959
September----$408,560$494,165$660,627
October----$383,538$512,168$656,592
November----$397,907$537,136$749,499
December$97,686$129,157$206,179$317,990$366,214$557,416$784,826

turketron

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Re: Race from 500k to 1M!
« Reply #2072 on: January 01, 2021, 10:30:22 AM »
2015              2016              2017              2018              2019              2020              2021             
Jan141,251.00$193,414.19$283,829.36$359,505.30$546,089.75$762,355.51
Feb$135,573.00$200,758.63$304,851.88$397,087.41$557,258.06
Mar$138,331.39$211,677.78$303,796.17$428,309.57$522,077.78
Apr$98k$146,788.37$217,643.71$307,682.67$440,342.71$451,185.96
May$111k$149,149.52$225,773.04$315,634.59$456,285.80$510,875.92
Jun$112k
$161,205.21$232,222.09$337,046.55$441,047.77$551,923.37
Jul$113k$165,947.80$235,779.19$340,399.63$476,489.51$567,485.67
Aug$113k$176,198.00$244,461.55$363,304.76$486,559.27$601,161.19
Sept $116k
$178,840.37$247,101.69$385,572.12$483,967.28$653,037.25
Oct$184,372.64$256,365.91$392,296.56$490,200.54$639,398.62
Nov$120,330.91$181,625.28$266,140.14$370,000.25$501,003.17$637,260.06
Dec$138,810.56$187,972.57$279,806.93$386,361.40$531,904.82$723,586.82

Holy shit, this has been a good year for me, despite being a dumpster fire of a year overall. If I include my wife's NW (~360k) - we're millionaires, apparently? Goddamn. For the sake of consistency though I'll be sticking around in this thread until only my NW is at $1M.

(I only track my retirement and not my wife's- we both have separate tracking spreadsheets that we maintained separately from before we were married, and although we do have joint finances we still track individually, frankly because we haven't had a compelling reason to re-do our spreadsheets to combine them.)

GOALS FOR 2021 -
  • We have our first kid due in July, so not really sure how that's going to affect finances. My wife and I have committed to only buying secondhand for anything we buy for the kid's arrival, both for financial and environmental reasons.
  • If feasible (see above), invest more in my Mega Backdoor Roth- this year I maxed out my traditional 401k and contributed about $7500 into the MBR, I'd like to see if I can hit $10k contributed for 2021
  • We downsized to 1 car mid-pandemic as we're both WFH. I'd like to keep the status quo post-COVID and not have to buy another car, which means more biking/public transportation this year!
« Last Edit: January 01, 2021, 10:44:46 AM by turketron »

UnleashHell

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Re: Race from 500k to 1M!
« Reply #2073 on: January 01, 2021, 10:33:45 AM »


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 

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
Jul-20  nw 502 Liquid 572
Aug-20 nw 627 liquid 600
Sep-20 nw 612 liquid 573
Oct-20 nw 620 liquid 576
Nov-20 nw 702 liquid 650
Dec-20 nw  737 liquid 679


Not too shabby - net up 247 and liquid up 104 for the year.


Jack0Life

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Re: Race from 500k to 1M!
« Reply #2074 on: January 01, 2021, 11:48:37 AM »
$991,000- Posted on March 12 right before the huge crash. Didn't think we would ever get to $1 mil due to being furloughed.
$1,007,000- Posted on May 26th. First time we realized we passed $1 mil. Got lucky because I reallocated most of our investments to bonds and started moving the funds back to Index slowly.
$1,050,000- As of Aug 11th. Thank God we have about 80% of our investments back in Index during this run up. Who knew with our economy in shamble that the SP is almost back to its high.

We have roughly about $325k our of $395k back in Indexes. That's 82%.
We have another $65k of cash that I would love to go toward Indexes but the market is a bit scary right now.
LOL, I'm still https://forum.mrmoneymustache.com/Themes/default/images/bbc/ftp.giffurloughed and collecting UE. What a great year this could have been with my wife making $50k and myself $120k.
Can't complain. Enjoying the extended layoff.

I found an older 3/28 spreadsheet that showed more exact numbers.
Its been a crazy 5 months. I don't think 1 single person would have guessed that in AUG 2020 the SP500 would pass its previous high already
I'm not gonna lie. I had a lot of my investments on the sideline and were slowing moving them back. I had a bunch of cash too that I would have dumped into Index but I didn't think the SP would regain all its losses that quickly.
Also had to spend $8K fixing the roof and various stuff on the rental.
Can't complain though. Been furloughed from a $120k job since 3/19.

                  8/27           3/28
                  -----           ------
Rental       210000   210000
Primary     141000   135000     Primary value has gone up $10k-$15k but the increase is from principle paid.
Assets        45000    45000
HSA           18512    16275
IRA-roth     97742    76946
IRA           55401     43996
Inx funds   91614     79833
401k         20734     18300
Wife 401k  21024     12000
Wife HSA   5300       4170   
Wifes IRA   63736    55046
Loan         182187    183667
Cash         109340   98016
Gold          6000      6000
      
Net Worth   1067596   984249

Still hanging tough at $ 1,060,144.
This thread is my record keeping. LOL.

Sorry I keep quoting myself for record keeping and have no desire to hit $2 millions.
A great day in the market and we surpassed $1,100,000. Still a big shocked as I haven't worked since March.
Our investments are basically $400K in Vanguard and 2 paid-off houses we're getting income from.
We've hit a mark where we are comfortable with so I started hedging our investments.
I pulled $50k out of the $400k today and will pull another $50k if the market goes up again tomorrow.
Basically, if the market keeps going up, we still have $300k and if it drops enough, we have plenty of money to dump back into the market.

                 10/24         
                  -----         
Rental       210000   
Primary     145000
Assets        45000   
HSA           20401   
IRA-roth     102011    
IRA           52480     
Inx funds   96946     
401k         21681    
Wife 401k  22708    
Wife HSA   5821        
Wifes IRA   68856    
Loan         181288- Other house equity.   
Cash         126339- $33k sits in Etrade but no stocks so just CASH.   
Gold          6000

$1,103,531- Net Worth.
$958,531- Without primary home.


Updating myself for 12/31/2020. Starting 2021 officially unemployed.
What an insane 2020. Biggest jump ever in any year considering I got laid-off. Took advantage when the market was down.
Investments went up around $110k and NW went up around $175k.
In process of refinancing the primary house with a cash-out, If successful I guess the cash will put my investments over $1 million. Won't have anymore excuses to stay in this thread ??

            Dec 31st 2020        
                  -----         
Rental       210000- Paid off. getting only $10k of net income per year.   
Primary     145000- Valued this house at $365k. Exact house just sold in Nov for $387k.
Assets        45000   
HSA           22603   
IRA-roth     106498   
IRA           54487   
Inx funds   1200537. Transferred in $20k in Nov.     
401k         22441    
Wife 401k  25248    
Wife HSA   7775    
Wifes IRA   70516    
Loan         180987- Other house equity. Loan being paid back @3.5%.
Cash         107824- $33k sits in Etrade but no stocks so just CASH.   
Gold          6000

$1,125,916- Net Worth.
$979,916- Without primary home.

Dave1442397

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Re: Race from 500k to 1M!
« Reply #2075 on: January 01, 2021, 12:16:07 PM »
Moving along...I hope 2021 is another good year!

12/31/16 - $452k
12/31/17 - $574k
12/31/18 - $600k
12/31/19 - $758k
12/31/20 - $912k

JLee

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Re: Race from 500k to 1M!
« Reply #2076 on: January 01, 2021, 12:46:30 PM »
Hi everyone! I was in the 250-500k thread from Oct 2017 to Dec 2020 -- hopefully I can graduate this one in the same timeframe!

2020
Code: [Select]
Date             Assets           Debts          Net Worth
Dec 2020 $927,329.91 -$418,8651.23 $508,468.58

3Mer

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Re: Race from 500k to 1M!
« Reply #2077 on: January 01, 2021, 01:00:27 PM »
Month End Update

Liquid assets / Net worth

Jan 2018  $415.5K / $508K
Jun 2018  $518.8K / $578.4K
Jul  2018  $528.3K / $588.2K
Aug 2018  $543K  / $603.2K
Sep 2018  $548K / $608.6K
Oct 2018   $492.6K / $569.5K
Nov 2018  $502K / $585.3K
Dec 2018  $476.8K / $554K
Jan 2019   $509.1K / $587K
Feb 2019   $534.2K / $612.6K
Mar 2019   $549K  / $627.8K
Apr 2019   $561.1K / $640.1K
May 2019  $533.5K / $612.9K
June 2019  $566K / $646K
July 2019   $569K / $649K
Aug 2019   $558.4K / $638.8K
Sept 2019  $569.6K / $650.3K
Oct 2019    $583.5K / $664.5K
Nov 2019   $602.3K / $683.7K
Dec 2019   $621.3K / $703.1K
June 2020  $641.8K / $722.8K
July 2020   $674.1K / $755.9K
Aug 2020   $715.5K / $798.1K
Sep 2020   $704K / $787.3K
Oct 2020   $698.3K / $782.2K
Nov 2020   $770.4K / $854.9K
Dec 2020   $804.3K / $889.2K

Nice to see LNW > $800K @ 2020 Year End.  All in all, a great year!

NaN

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Re: Race from 500k to 1M!
« Reply #2078 on: January 01, 2021, 02:18:05 PM »
@turketron Did you just make $86k from Nov to Dec? What happened?

hudsoncat

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Re: Race from 500k to 1M!
« Reply #2079 on: January 01, 2021, 03:15:06 PM »

                       2018                2019                2020                2021               
January$222,019$261,809$403,264$550,326
February$236,831$286,584$414,417-
March$234,104$303,681$388,201-
April$234,452$314,939$355,475-
May$241,470$331,080$398,672-
June$249,398$320,926$417,280-
July$253,884$342,700$424,818-
August$264,666$354,784$456,512-
September$276,905$351,842$491,411-
October$285,986$360,853$482,214-
November$267,359$374,706$475,471-
December$281,461$391,293$531,137-

Nice way to end 2020/start 2021.

turketron

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Re: Race from 500k to 1M!
« Reply #2080 on: January 01, 2021, 03:38:58 PM »
@turketron Did you just make $86k from Nov to Dec? What happened?
Hmm looking at my account balance history, it was a combination of:
  • A dip in VTSAX right around Nov 1, and I report on the first of each month
  • I had a round of ESPP shares in my company stock that vested in mid-November, which was about $15k by itself
  • Thanks to a good earnings call, about a 30% increase in said company stock from Nov 1 through December 1

skip207

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Re: Race from 500k to 1M!
« Reply #2081 on: January 01, 2021, 05:06:57 PM »
01/01/17 374668
01/01/18 497097
01/01/19 547415
01/01/20 649762
01/02/20 655831
01/03/20 644284
01/04/20 625095
01/05/20 630000
01/06/20 646995
01/07/20 669225
01/08/20 685094
01/09/20 703184
01/10/20 718448
01/11/20 726615
01/12/20 746008
01/01/21 788172

An incredible year in so many ways, in March if you asked me would we be 130k+ up I would have said not a chance.  December being our biggest gain in our lives at 42k in a single month.  I am LOLing just typing that!!!  42 grand in a month?!!? 

Interestingly also puts us clear of $1M USD... just for the giggles.  But alas I dont live in the USA!  So another 200 odd thousand to go!

Our estimated FIRE date is still late 2022.  Head down now and I finally feel like we are on the home stretch.  It would not shock me if things slowed down now, IME if you get a big rise in the markets you sometimes see a bit of deflation for a few months - lets see. 


jlcnuke

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Re: Race from 500k to 1M!
« Reply #2082 on: January 01, 2021, 05:29:24 PM »
Hello all! I'm coming to join ya'll here on this journey, having recently crossed the threshold. As my current FI number is a bit less than the goal, I may not graduate from here, but maybe I'll end up with a OMY or two and end up finishing off this race as well.

Starting at:
1 January 2021 - $502,810

Sid Hoffman

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Re: Race from 500k to 1M!
« Reply #2083 on: January 01, 2021, 07:23:49 PM »
Dec 31 of:
Year   Total Worth
2012:   $170,820
2013:   $296,894
2014:   $335,473
2015:   $337,513
2016:   $428,895
2017:   $309,063
2018:   $370,660
2019:   $608,414
2020:   $834,942

So I do the "total worth" a little different from many, but I know it's the same used by some people. I do not count my house as an asset, but I do count the mortgage as a liability, so the big drop in 2017 was because I bought a house, for example. With any luck, 2021 is the year I pay off my house as well as push over $900k, then with any continued luck and, well, basically no need for stock market gains in 2022 at all I should hit $1M late in 2022.

We'll see, of course, since there's also every possibility that the inflation we're hearing about won't happen but massive economic problems and market devaluation could certainly happen. At least at this time though it's been quite a rocketship ride the last couple years. I'm thankful for this community and seeing so many people of varying income levels making progress. At times having nothing but some numbers in a spreadsheet and dreams of the future are hard to really understand but then I see the people in this thread who've "graduated" past their $1M goal and it's a reminder that progress is still progress and I'll get there some day.

My end goal is something like $1.25 - $1.5M depending on how old I am when reaching that goal (I'm already in my mid 40s) so for example if it takes until I'm 52 to reach $1.25M then that's probably plenty good enough, whereas if I magically hit $1.5M at 48 then that too is plenty. I just don't think we're going to have another doubling of the stock market in the next few years, ha.

Mrs. Sloth

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Re: Race from 500k to 1M!
« Reply #2084 on: January 01, 2021, 08:27:24 PM »
LNW:

08/13/2020 $700,373
09/01/2020 $726,934
10/01/2020 $755,557 (windfall is the reason for the gain)
11/01/2020 $749,499
12/01/2020 $830,172
01/01/2021 $870,983

2020 Investment highlights:
1. Sold and invested $ received from sale of home
2. Small windfall
3. Invested a small amount in TSLA

Lastly, congrats to all who graduated from this race in 2020!
« Last Edit: January 01, 2021, 08:28:57 PM by Mrs. Sloth »

use2betrix

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Re: Race from 500k to 1M!
« Reply #2085 on: January 01, 2021, 08:45:12 PM »
Feb 1, 2016 - $90k
Apr 1, 2016 - $100k 
Jan 1, 2017 - $177k
(Took 7 month sabbatical between Jan 1st 2017 and December 1st 2017)
Dec 1, 2017 - $187k
Jan 1, 2018 - $196k
Feb 1, 2018 - $214,462
Mar 1, 2018 - $225,651
Apr 1, 2018 - $238,764
May 1, 2018 - $251,725 (crossed $250k)

June 1, 2018 - $265,145
July 1, 2018 - $272,423
Aug 1, 2018 - $277,896
Sep 1, 2018 - $298,543
Oct 1, 2018 - $296,603
Nov 1, 2018 - $288,618
Dec 1, 2018 - $304,127
Jan 1, 2019 - $294,621
Feb 1, 2019 - $326,081
Mar 1, 2019 - $354,771
Apr 1, 2019 - $384,308
May 1, 2019 - $407,770
June 1, 2019 - $404,625
July 1, 2019 - $420,082
Aug 1, 2019 - $441,976
Sep 1, 2019 - $458,940
Oct 1, 2019 - $481,915
Nov 1, 2019 - $501,937 (Crossed $500k)

Dec 1, 2019 - $518,285
Jan 1, 2020 - $544,655
Feb 1, 2020 - $573,474
Mar 1, 2020 - $557,410
Apr 1, 2020 - $494,414
May 1, 2020 - $572,376
June 1, 2020 - $618,048
July 1, 2020 - $600,510
Aug 1, 2020 - $659,872
Sep 1, 2020 - $704,682
Oct 1, 2020 - $696,932
Nov 1, 2020 - $694,944
Dec 1, 2020 - $782,831
Jan 1, 2021 - $823,189

Good month of growth, largely thanks to the stock market and also because it was a 3 paycheck month instead of the standard 2 paychecks. Overall, my income was fantastic in 2020, but my spending was absolutely wretched. Couple new vehicles, and just a lot of other stuff. Spending in 2021 should be a lot better, and overall my growth for 2020 was still great.

I had 3 interviews and a job offer a week and a half ago. Were currently working negotiations which have been a bit slow due to the holidays. I have a great job that I love with coworkers that are the best ever, but Im a contractor with a project looking to end in August and unless the company picks up any more big projects between then, Ill be laid off. This new project id come on as a contractor for a 2 year project, but would be replacing the manager of the division who is retiring after 30 years. It would likely eventually turn into a full time gig. Well see what happens. Likely a small pay/benefit reduction but with a longer job duration.

Finntastic

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Re: Race from 500k to 1M!
« Reply #2086 on: January 02, 2021, 01:39:53 AM »
November 2020: $864,270   
December 2020: $956,268

Hoping next month to get back to the M club.

Trifele

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Re: Race from 500k to 1M!
« Reply #2087 on: January 02, 2021, 02:30:05 AM »
Hello all! I'm coming to join ya'll here on this journey, having recently crossed the threshold. As my current FI number is a bit less than the goal, I may not graduate from here, but maybe I'll end up with a OMY or two and end up finishing off this race as well.

Starting at:
1 January 2021 - $502,810

Welcome @jlcnuke!  You never know, you may end up graduating even if you RE.  I never expected to graduate either (I pulled the plug when we hit our $750k FI number), but the stash has grown and it looks like it might cross the $1m mark, which is really cool.   

skcook

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Re: Race from 500k to 1M!
« Reply #2088 on: January 02, 2021, 06:45:13 AM »
We made it! Technically a few weeks ago. I assume it will be at least some time until we are solidly in 7 figures, but it feels good...

It's been awhile and times have been strange but we keep chugging along, with a steady upward trajectory:

Aug 2020 - $915k
Sep 2019 - $780k
Sep 2018 - $656k
Sep 2017 - $538k
Sep 2016 - $330k

December's number is $820k! Still think we're looking at 2021 but the last few months have been productive.

A year has passed and we move slowly upward (other than this month, anyway, we bought a van):

Oct 2019 - $770k
Sep 2019 - $780k
Jul 2019 - $766k
Apr 2019 - $739k
Oct 2018 - $666k
Sep 2018 - $656k
July 2018 - $651k
June 2018 - $634k
May 2018 - $624k
Apr 2018 - $612k
Mar 2018 - $599k
Feb 2018 - $590k
Jan 2018 - $580k
Dec 2017 - $569k
Nov 2017 - $561k
Oct 2017 - $546k
Sep 2017 - $538k
Aug 2017 - $497k
July 2017 - $483k
Jun 2017 - $479k
May 2017 - $454k
Apr 2017 - $448k
Mar 2017 - $435k
Feb 2017 - $433k
Jan 2017 - $410k
Oct 2016 - $370k
Sep 2016 - $330k

Hoping to get to a mill by 2021!

fuzzy math

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Re: Race from 500k to 1M!
« Reply #2089 on: January 02, 2021, 12:43:29 PM »
Gained $200k, or 50% in a year's time! WOOT!!! Hoping for $250k this year


Investments only


                       2018                2019                2020                2021                2022               
January-$226,942$401,746$603,129-
February-$249,796$414,430--
March-$270,351$412,631--
April-$285,770$393,815-
May-$295,838$414,524--
June$219,320$283,393$452,579--
July$228,483$307,071$471,455--
August$234,711$315,942$496,982--
September$245,993$318,301$529,603--
October$251,023$334,301$525,945--
November$238,881$352,430$528,082--
December$244,687$370,715$585,310--


ender

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Re: Race from 500k to 1M!
« Reply #2090 on: January 02, 2021, 01:02:10 PM »
2020 was kinda a stupidly good year.

At our current rates we'll graduate here in a bit over two years :o


bigote2032

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Re: Race from 500k to 1M!
« Reply #2091 on: January 02, 2021, 07:17:44 PM »
Happy new year everyone!! Wao, that was a good month, gains of $202K for the year, incredible considering all the crap that happened this past year!!! Let's keep collecting dollars and putting them to work people!!!!

11/30/2017    $228,503.37
12/31/2017    $237,592.34
1/31/2018    $254,582.33
2/28/2018    $257,732.67
3/31/2018    $265,481.54
4/30/2018    $269,342.61
5/31/2018    $277,950.05
6/30/2018    $285,254.10
7/31/2018    $299,199.64
8/31/2018    $319,335.25
9/30/2018    $347,418.14
10/31/2018    $332,242.01
11/30/2018    $348,536.76
12/31/2018    $325,602.90
1/31/2019    $350,696.67
2/28/2019    $369,513.27
3/31/2019    $379,192.30
4/30/2019    $399,481.40
5/31/2019    $384,294.80
6/30/2019    $408,707.83
7/31/2019    $426,022.76
8/31/2019    $422,250.44
9/30/2019    $460,845.28
10/31/2019    $476,501.03
11/30/2019    $500,079.13
12/31/2019    $517,464.57
1/31/2020    $511,758.52
2/29/2020    $479,104.60
3/31/2020    $419,924.65
4/30/2020    $468,399.74
5/31/2020    $511,017.91
6/30/2020    $533,979.03
7/31/2020    $560,452.66
8/31/2020    $614,878.39
9/30/2020    $600,660.94
10/31/2020    $599,359.11
11/30/2020    $682,864.07
12/31/2020    $720,288.84


tarheeldan

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Re: Race from 500k to 1M!
« Reply #2092 on: January 03, 2021, 05:12:07 PM »
Hi All!

Just graduated from the 250-500k thread, having hit $526,501.25 after a crazy 19.9% jump in December!

Ladychips

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Re: Race from 500k to 1M!
« Reply #2093 on: January 03, 2021, 05:24:21 PM »
Hi All!

Just graduated from the 250-500k thread, having hit $526,501.25 after a crazy 19.9% jump in December!

Welcome @tarheeldan !  You'll like it here

Icecreamarsenal

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Re: Race from 500k to 1M!
« Reply #2094 on: January 03, 2021, 06:40:16 PM »
To flesh out:
1/1/20: 491k
2/1/20: 525k
3/1/20: 538k
4/1/20: 477k
5/1/20: 444k
6/4/20: 595k
7/1/20: 596k
8/1/20: 639k
9/1/20: 655k
10/1/20: 692k
11/1/20: 687k
12/1/20: 793k
12/31/20: 813k

monarda

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Re: Race from 500k to 1M!
« Reply #2095 on: January 03, 2021, 07:55:28 PM »
Quote from: monarda
                                                   cash+rental equity  add primary residence equity
1/2016                                              $507K                 $627K
1/2017                                              $625K                 $797K
12/2017                                            $762K                 $903K  begin remodeling primary residence
12/2018                                            $821K                 $964K   
12/2019                                            $818K                 $965K  Passed final inspection on our remodel.

add a new column
                cash plus pension bal       plus rental equity    plus primary residence equity  Zillow (or tax assessed) value
12/2020     $509K                            $1016K (959K)     $1192K (1065K)

1/2021     $521K                        $1033K (976K)              $1210K (1080K)
« Last Edit: January 04, 2021, 08:54:17 AM by monarda »

SAfAmBrit

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Race from 500k to 1M!
« Reply #2096 on: January 03, 2021, 11:30:01 PM »
July 2016 - $257,306
August 2016 - $264,625
September 2016 - $270,695
October 2016 - $283528
November 2016 - $291396
December 2016 - $295603
January 2017 - $303,195
March 2017 - $333,323
April 2017 - $340,884
May 2017 - $346,568
June 2017 - $357,230
July 2017 - $365,912
August 2017 - $370,689
September 2017 - $380,412
October 2017 - $390,025
November 2017 - $400,070
December 2017 - $404,188
January 2018 - $419426
February 2018 - $423744
May 2019 - $623013
August 2019 - $681260
November 2020 - $856576
December 2020 - $887822

Nice market uptake - good bonus and dividends. $112288 to go - going have to push to get it to the mil by end of 2021

Technically I have made it as the share given me 3 years ago pumped from a strike price of 12 to 170 but I am not counting it in - they will be my FIRE bonus!

Happy new Year

Jadzia37000

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Re: Race from 500k to 1M!
« Reply #2097 on: January 04, 2021, 01:33:28 AM »
November 11, 2020:  $527,000
December 11, 2020:  $607,796 (501,797 euros). This month's total is more accurate than last month's, because I actually did the euro conversions and the math with a calculator instead of just spitballing it.  I STILL don't have an answer from the government about how much taxes they want for 2019, but I don't think it's going to bust my butt back down under 500K DOLLARS.

Thanks to a previous mathematical error on my part, a good stock market (for now), the resolution of my tax situation, and clients paying before year-end, I've rocketed past 500K in both euros and dollars, so drum roll please:

January 4, 2020:  564,565 in euros/692,608 in dollars.

The dollar is just limping along and I'm keeping my fingers crossed for some improvement in 2021 but am not optimistic on that front.  Next stop 750K in dollars because that'll mean I'm halfway through this stage.  Will have to have a good year for that to happen.

afuera

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Re: Race from 500k to 1M!
« Reply #2098 on: January 04, 2021, 08:35:33 AM »
Much better year for the markets then I originally expected.  Will be dropping down to once income in 2021 so progress will slow but hopefully the markets will continue to do the heavy lifting.


                       2015                2016                2017                2018                2019                2020                2021               
January$12,964$53,694$117,156$286,460$366,568$554,279-
February$14,893$57,320$130,755$284,267$388,104$530,928-
March$22,065$71,035$150,924$291,192$415,305$575,079-
April$24,785$75,120$161,757$306,848$429,917$529,397-
May$26,931$87,541$171,174$317,739$416,867$573,991-
June$29,021$90,964$191,558$321,370$458,412$607,523-
July$31,341$93,025$210,018$339,122$459,062$630,288-
August$34,251$95,245$220,293$353,410$466,936$686,631-
September$39,854$97,814$231,801$361,506$481,531$669,786-
October$42,018$98,335$242,954$336,674$499,757$663,596-
November$45,987$100,344$256,324$356,143$528,712$743,883-
December$49,877$106,390$265,731$332,761$548,679$779,415-


Imustacheyouaquestion

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Re: Race from 500k to 1M!
« Reply #2099 on: January 04, 2021, 09:34:37 AM »

                       2020                20212022
January-$584,000-
February---
March---
April---
May---
June---
July---
August---
September$517,937.94--
October$511,000.00--
November$514,001.00--
December567,000.00--

Looking forward to 2021!