Author Topic: Race from 500k to 1M!  (Read 678833 times)

FIreSurfer

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Re: Race from 500k to 1M!
« Reply #2600 on: August 06, 2021, 05:27:37 PM »
05/01/2017:  $198,456 
05/31/2017:  $207,044
07/05/2017:  $219,933
08/01/2017:  $228,504
09/01/2017:  $237,500
09/19/2017:  $245,500
10/02/2017:  $251,933
11/07/2017:  $266,000
12/27/2017:  $280,000
01/23/2018:  $305,566
11/27/2018:  $359,000
03/01/2019:  $400,283 *baby born, kinda lost track of everything.....
08/15/2020:  $612,831
01/01/2021:  $689,500
02/01/2021:  $714,039
02/15/2021:  $747,215
03/15/2021:  $750,529
04/01/2021:  $767,398
05/02/2021:  $803,507
06/02/2021:  $809,000
06/28/2021:  $751,511 invested/$901,500NW  *family land purchase
08/06/2021:  $772,933 invested/$922,933NW

ingrownstudentloans

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Re: Race from 500k to 1M!
« Reply #2601 on: August 10, 2021, 07:19:20 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!!!)
2/1/2021   $637,442.01
3/1/2021   $730,728.94 (still waiting on that 401k match/employer-side contribution to hit for another 38k)
4/1/2021   $781,201.54 (fun part of the year is over...back to normal growth mode)
5/1/2021   $795,754.30
6/1/2021   $880,912.54 (3 rental properties reappraised for refinance is about 50k of this increase)
7/1/2021   $920,541.74 - realizing I could graduate a whole year early!!!
8/1/2021   $893,351.71 - slippage due to taking some cash out during the mid-july market dip to fund a commercial property investment.  Poorly timed, though not a market timing move.  Onward

soulpatchmike

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Re: Race from 500k to 1M!
« Reply #2602 on: August 10, 2021, 01:21:14 PM »
Total Investable NW/Liquid
                                2021                                      
2001$133k/$14kJanuary$785k/$340k
2002$90k/$15kFebruary$803k/$349k
2003$142k/$15kMarch$850k/$355k
2004$271k/$16kApril$896k/$362k
2005$289k/$17kMay$943k/$368k
2006$275k/$18kJune$973k/$380k
2007$233k/$19kJuly$976k/$384k
2008$159k/$26kAugust$981k/$390k
2009$82k/$31kSeptember-
2010$46k/$45kOctober-
2011$-48k/$52kNovember-
2012$19k/$103kDecember-
2013$88k/$98k
2014$201k/$99k
2015$240k/$103k
2016$298k/$130k
2017$389k/$141k
2018$497k/$140k
2019$562k/$202k
2020$777k/$338k

actionjackson

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Re: Race from 500k to 1M!
« Reply #2603 on: August 11, 2021, 10:25:23 PM »
2018
Jan   398000
Feb   431000
Mar   448000
Apr   462580
May   481501
Jun - 489782
Jul - 507110
Aug - 523353
Sep - 529071
Oct - 519042
Nov - 532025

2019
Mar - 586808
May - 609872
Jun - 622961

Jul - 643390
Aug - 654710
Sep - 663790
Oct - 671853
Nov - 684764
Dec - 700320

2020
Jan - 717618
Feb - 739266
Mar - 681000
Apr - 659154
May - 666700
Jun - 690000
Jul - 704000
Aug - 727910
Sep - 727959
Oct - 751054
Nov - 774755
Dec - 800078

2021
Jan - 809285
Feb - 869654
Mar - 873372
Apr - 900593
May - 907408
Jun - 947449
Jul - 969900
Aug - 1003763

I guess that's me graduating out of this thread, might be back if we see a correction I guess. 26 months to go from 250k to 500k, 37 months to go from 500k to $1M. Projecting out it looks like it will take 47 months to go from $1M to 2M, but who knows!?

I really wasn't expecting this until December/January this year. Money printers are running hot I guess, and you have to think about it in that context. Your savings buys less of an 'annuity' than it used to, so while posting these numbers is great, it's kind of frustrating that the money I save each month doesn't buy me as much 'passive income' as it used to.

Still, will be going out to dinner to celebrate this milestone.

Trifle

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Re: Race from 500k to 1M!
« Reply #2604 on: August 12, 2021, 04:21:36 AM »
I guess that's me graduating out of this thread, might be back if we see a correction I guess. 26 months to go from 250k to 500k, 37 months to go from 500k to $1M. Projecting out it looks like it will take 47 months to go from $1M to 2M, but who knows!?

Congratulations @actionjackson !!

Steeze

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Re: Race from 500k to 1M!
« Reply #2605 on: August 12, 2021, 07:56:15 AM »
After today's paycheck, we are over $500k in just stocks/bonds now!
Next stop - $500k in just stocks. Another year?

getmoneyeatpizza

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Re: Race from 500k to 1M!
« Reply #2606 on: August 12, 2021, 02:28:09 PM »
first post $770k invested, small chance 1 million end of next year. Investing 74k a year.


I got some cash I might dump in to get this number up. $180k equity in house plus cash puts me just over $1 million NW.


JJ-

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Re: Race from 500k to 1M!
« Reply #2607 on: August 12, 2021, 02:56:30 PM »
first post $770k invested, small chance 1 million end of next year. Investing 74k a year.


I got some cash I might dump in to get this number up. $180k equity in house plus cash puts me just over $1 million NW.

You should eat more pizza you're saving too much money 👌

pasadenafr

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Re: Race from 500k to 1M!
« Reply #2608 on: August 13, 2021, 05:10:27 PM »
I'm inching closer to the $900k mark ($885k  today) and the closer it gets, the slower it feels (narrator: *it's not slow*).

Will it change anything? Nope. Is it an important milestone? Nope. I'm still 8 years away from my RE number, and I know that unless the market tanks, it will happen in September anyway when I get my bonus.

BUT I STILL WATCH IT LIKE A HAWK.

Anyone else obsessing over stupid meaningless milestone or am I the only crazy one?

OK, i'm going out for a run.

Help.

ToughMother

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Re: Race from 500k to 1M!
« Reply #2609 on: August 13, 2021, 09:36:09 PM »
When last I left, I had the temporary experience of having hit $1M in investments. Yes, it was Feb 2020. And then Covid crash. I disappeared, didn't look at things, and kept doing what I was doing, which, unfortunately, was spending money on a house that was mid-renovation. Contractor was able to get through enough of it that we could move in during July and sell our old place. Never figured on carrying both houses for that long, but never figured on a global pandemic either.

Anyway, here's the old count with a most recent update. And with that, I'll bid this, my favorite gauntlet, adieu. Hope to see many of you over in the $1-2M gauntlet soon.


date         NW        Investments
4/3/14     $430k         $225k
9/19/14    $500k         $275k
11/6/14    $550k         $300K
5/9/15     $600k         $341k
4/13/16    $650k         $375k
9/7/16     $700k         $410k
5/6/17     $750k         $674k (*I think I lost history on one of our accounts prior to this)
9/9/17     $800k         $717k
11/22/17   Assets hit $1M
12/15/17   $850k         $770K
3/10/18    $900k         $770k (refinanced house, put $ in and moved from 30 to 15 yrs)
6/16/18    $950k         $818k
12/26/18   $900k         $750k
1/10/19    $950k         $803k
2/19/19    $1M !!!       $856k
6/12/19    $1.05M        $900k
10/9/19    $1.08M        $895k (downpayment on house and market misery)
12/31/19   $1.16M        $974k
2/12/20    $1.19M        $1M !!!
bad, scary, viral things happened, house stuff, then back at it
8/13/21    $1.46M        $1.27M


Nick_Miller

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Re: Race from 500k to 1M!
« Reply #2610 on: August 16, 2021, 09:04:42 AM »
I feel like 80% of the posters recently are up over $900K or otherwise on the cusp of graduating. Good for yall! (and to those with $1M+, get the hell outta here)

But where are the $500K and $600K peeps? Who's going to be with me and the other peasants for the next 2-3 years?? Holla!
« Last Edit: August 16, 2021, 09:38:36 AM by Nick_Miller »

Finwiz

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Re: Race from 500k to 1M!
« Reply #2611 on: August 16, 2021, 09:29:20 AM »
@Nick_Miller here and checking in! We're continuing to chug along, better half got a wonderful raise, and I got some potentially good career related news on my end, which should help us keep on path for the 7/2023 $1mm target goal.

1/01/21 - $400,149
2/14/21 - $427,486 (+$27,337)
3/01/21 - $443,490 (+$43,341)
3/19/21 - $451,670 (+$51,521)
3/31/21 - $458,005 (+$57,856)
4/15/21 - $470,187 (+$70,038)
4/30/21 - $475,833 (+$75,684)
5/15/21 - $486,446 (+$86,297)
5/28/21 - $497,565 (+$97,416)
6/05/21 - $505,428 (+$105,279)
6/30/21 - $517,109 (+$116,960)
7/30/21 - $534,405 (+$134,256)
8/15/21 - $543,454 (+$143,305)

Here's to hoping we can keep up the same sort of pace going forward.

solon

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Re: Race from 500k to 1M!
« Reply #2612 on: August 16, 2021, 09:30:32 AM »
I feel like 80% of the posters recently are up over $900 or otherwise on the cusp of graduating. Good for yall! (and to those with $1M+, get the hell outta here)

But where are the $500K and $600K peeps? Who's going to be with me and the other peasants for the next 2-3 years?? Holla!

I'm in! I just hit $500k this month, which I posted in the previous thread. So my next monthly update will be here.

SpareChange

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Re: Race from 500k to 1M!
« Reply #2613 on: August 16, 2021, 10:27:55 AM »
I feel like 80% of the posters recently are up over $900K or otherwise on the cusp of graduating. Good for yall! (and to those with $1M+, get the hell outta here)

But where are the $500K and $600K peeps? Who's going to be with me and the other peasants for the next 2-3 years?? Holla!

Present! I'll be here....for a lot more than 2 or 3 years. Can't sack it away as well working PT. Oh well. Somebody's got to sweep the floors around here with all the speedy foot traffic going on. :)

joe189man

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Re: Race from 500k to 1M!
« Reply #2614 on: August 16, 2021, 10:31:17 AM »
I feel like 80% of the posters recently are up over $900K or otherwise on the cusp of graduating. Good for yall! (and to those with $1M+, get the hell outta here)

But where are the $500K and $600K peeps? Who's going to be with me and the other peasants for the next 2-3 years?? Holla!

Here Nick! Chiming in, joined the club in late June
08/03/2021 - $520,856 / $679K (Investments + Cash / Total NW)
08/16/2021 - ~$526 / ~$685

charis

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Re: Race from 500k to 1M!
« Reply #2615 on: August 16, 2021, 11:22:23 AM »
I feel like 80% of the posters recently are up over $900K or otherwise on the cusp of graduating. Good for yall! (and to those with $1M+, get the hell outta here)

But where are the $500K and $600K peeps? Who's going to be with me and the other peasants for the next 2-3 years?? Holla!

Here Nick! Chiming in, joined the club in late June
08/03/2021 - $520,856 / $679K (Investments + Cash / Total NW)
08/16/2021 - ~$526 / ~$685

I'm still here at 633k invested and thinking of abandoning tracking our other assets in this race. We're never planning to move, and the cash will be spent or invested. That leaves some small pensions, but I won't consider us actually FI until we have 1m invested.

Nick_Miller

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Re: Race from 500k to 1M!
« Reply #2616 on: August 16, 2021, 01:36:11 PM »
Thanks for reporting in, peeps. It's good to know that not everyyyyone here is loaded (yet).

Steeze

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Re: Race from 500k to 1M!
« Reply #2617 on: August 17, 2021, 10:51:10 AM »
Thanks for reporting in, peeps. It's good to know that not everyyyyone here is loaded (yet).

If you have only 500k sitting in an account somewhere you are pretty loaded, imo.

Jack0Life

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Re: Race from 500k to 1M!
« Reply #2618 on: August 17, 2021, 11:21:35 AM »
I'm inching closer to the $900k mark ($885k  today) and the closer it gets, the slower it feels (narrator: *it's not slow*).

Will it change anything? Nope. Is it an important milestone? Nope. I'm still 8 years away from my RE number, and I know that unless the market tanks, it will happen in September anyway when I get my bonus.

BUT I STILL WATCH IT LIKE A HAWK.

Anyone else obsessing over stupid meaningless milestone or am I the only crazy one?

OK, i'm going out for a run.

Help.

You're in the majority.
$1 million is an important milestone and I was obsessing over it too.
After you cross it, it's like eh whatever, you're just waiting for RE after that.

tarheeldan

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Re: Race from 500k to 1M!
« Reply #2619 on: August 18, 2021, 08:05:14 AM »
I feel like 80% of the posters recently are up over $900K or otherwise on the cusp of graduating. Good for yall! (and to those with $1M+, get the hell outta here)

But where are the $500K and $600K peeps? Who's going to be with me and the other peasants for the next 2-3 years?? Holla!

Present! I'll be here....for a lot more than 2 or 3 years. Can't sack it away as well working PT. Oh well. Somebody's got to sweep the floors around here with all the speedy foot traffic going on. :)

Peasants unite! I'll be here for a little while too :)

Hit 634,262.29 last month after a 10,790.13 gain!

tarheeldan

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Re: Race from 500k to 1M!
« Reply #2620 on: August 18, 2021, 08:15:47 AM »
I'm in! I just hit $500k this month, which I posted in the previous thread. So my next monthly update will be here.

Yay! Welcome!

solon

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Re: Race from 500k to 1M!
« Reply #2621 on: August 18, 2021, 08:38:46 AM »
I'm in! I just hit $500k this month, which I posted in the previous thread. So my next monthly update will be here.

Yay! Welcome!

I've been following this thread for a long time. I have always followed one thread above where I am at the moment, it gives me inspiration. It's like one side of my brain saying to the other side, "See? These people are just like you. They just have more zeros."

joe189man

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Re: Race from 500k to 1M!
« Reply #2622 on: August 18, 2021, 09:49:16 AM »
I feel like 80% of the posters recently are up over $900 or otherwise on the cusp of graduating. Good for yall! (and to those with $1M+, get the hell outta here)

But where are the $500K and $600K peeps? Who's going to be with me and the other peasants for the next 2-3 years?? Holla!

I'm in! I just hit $500k this month, which I posted in the previous thread. So my next monthly update will be here.

Yeah @solon !

NextTime

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Re: Race from 500k to 1M!
« Reply #2623 on: August 18, 2021, 02:03:57 PM »
Thanks for reporting in, peeps. It's good to know that not everyyyyone here is loaded (yet).


Don't forget me!

Just got to $503k on Aug 1.
Will probably be here awhile. Unless the market continues the same trajectory as the last couple of years.

tarheeldan

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Re: Race from 500k to 1M!
« Reply #2624 on: August 19, 2021, 09:52:37 AM »
I've been feeling the lack of a spreadsheet in this challenge!

Here we go:
https://docs.google.com/spreadsheets/d/1jLRMTDbemf-JwZA10noQ8RrEf3EzpWC0R58nNypstrM/edit?usp=sharing

:)

getmoneyeatpizza

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Re: Race from 500k to 1M!
« Reply #2625 on: August 19, 2021, 12:39:18 PM »
thanks @tarheeldan . I haven't been tracking anything but current networth so I don't have great historical but I filled in the best I could and this will let me do that going forward.

Point of clarification. I see networth used on the spreadsheet labels. Are you all tracking networth? I'm tracking my invested assets. I have ~40k in cash and 185k house equity I'm not including. I need to jump over to 1m+ plus in that case

tarheeldan

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Re: Race from 500k to 1M!
« Reply #2626 on: August 19, 2021, 12:51:37 PM »
Hi @getmoneyeatpizza ! Everybody is doing it a little different :) But it'll still show our progress and a cool chart lol!

soulpatchmike

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Re: Race from 500k to 1M!
« Reply #2627 on: August 19, 2021, 12:52:20 PM »
thanks @tarheeldan . I haven't been tracking anything but current networth so I don't have great historical but I filled in the best I could and this will let me do that going forward.

Point of clarification. I see networth used on the spreadsheet labels. Are you all tracking networth? I'm tracking my invested assets. I have ~40k in cash and 185k house equity I'm not including. I need to jump over to 1m+ plus in that case

This is all for your own pleasure and humblebrag so everyone does it how it makes the most sense for them.  Some do TNW, some market equities only, others total investable assets including rental real estate or other.  It is for your own reference so how you track is up to you.   As for me, I include all investable assets including rental real estate equity but separate out the market equities.  I have two long-term targets, one for RE equity and another for market equities.

Nick_Miller

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Re: Race from 500k to 1M!
« Reply #2628 on: August 19, 2021, 01:00:31 PM »
thanks @tarheeldan . I haven't been tracking anything but current networth so I don't have great historical but I filled in the best I could and this will let me do that going forward.

Point of clarification. I see networth used on the spreadsheet labels. Are you all tracking networth? I'm tracking my invested assets. I have ~40k in cash and 185k house equity I'm not including. I need to jump over to 1m+ plus in that case

Yep, I think everyone just tracks what they care to track. It's more of a challenge against yourself more than a challenge against others, so if we're not all apples to apples around here, it makes little difference, really.

Personally, I track what I consider to be my wife and I's net worth (so retirement accounts, taxable investments, cash accounts, home equity, etc) but I don't include stuff like college funds (I consider that to be my kiddos' money) or our checking account (negligible impact, and fluctuates a lot). When we had debt, like student loans or credit cards, I obviously backed that out from the assets, but now we're debt free other than our home.
« Last Edit: August 19, 2021, 01:02:20 PM by Nick_Miller »

joe189man

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Re: Race from 500k to 1M!
« Reply #2629 on: August 19, 2021, 02:12:29 PM »
thanks @tarheeldan . I haven't been tracking anything but current networth so I don't have great historical but I filled in the best I could and this will let me do that going forward.

Point of clarification. I see networth used on the spreadsheet labels. Are you all tracking networth? I'm tracking my invested assets. I have ~40k in cash and 185k house equity I'm not including. I need to jump over to 1m+ plus in that case

I "count" investments and cash as my entry into this race, but keep track of total net worth for fun

getmoneyeatpizza

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Re: Race from 500k to 1M!
« Reply #2630 on: August 19, 2021, 03:30:27 PM »
Cool. I like to do invested assets since that's controlling the 4% SWR number. Though I have no set in stone FIRE number or date. 

Vashy

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Re: Race from 500k to 1M!
« Reply #2631 on: August 23, 2021, 02:46:45 AM »
Hello, I'm a new joiner (counting NW, ie real estate, corporate pension fund, personal post-tax Vanguard fund - reason being that I can sell up and live somewhere much cheaper).

end-2018:  £287,177
------------------------
Mar-2019: £313,570
Apr-2019: £322,726
May-2019: £330,583
Jun-2019: £339,992
Jul-2019: £349,062
Aug-2019: £354,036
Sep-2019: £362,238
Oct-2019: £370,985
Nov-2019: £378,005
Dec-2019: £385,670
---------------------------
Jan-2020: £394,002
Feb-2020: £394,625
Mar-2020: £366,559
Apr-2020: £367,364
May-2020: £387,750
Jun-2020: £395,376
Jul-2020: £406,107
Aug-2020: £407,577
Sep-2020: £415,436
Oct-2020: £424,444
Nov-2020: £436,017
Dec-2020: £445,311
-------------------------
Jan-2021: £460,732
Feb-2021: £468,507
Mar-2021: £469,417
Apr-2021: £483,531
May-2021: £496,874
Jun-2021: £504,408
Jul-2021: £511,775
Aug-2021: £519,225

I'm in the 2025 FI/RE cohort.
« Last Edit: August 23, 2021, 02:53:37 AM by Vashy »

Tester

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Re: Race from 500k to 1M!
« Reply #2632 on: August 25, 2021, 12:49:40 AM »
March 2021:
280k invested and 505k total net worth.

August 2021:
280k invested (spent quite a lot on house and bought two cars), 560k total net worth (on paper the house value grew a lot...).

JLee

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Re: Race from 500k to 1M!
« Reply #2633 on: August 27, 2021, 08:50:28 AM »
2020
Code: [Select]
Date             Assets           Debts          Net Worth
Dec 2020 $927,329.91 -$418,8651.23 $508,468.58

2021
Code: [Select]
Date             Assets           Debts          Net Worth
Jan 2021 $925,765.84 -$416,198.31 $509,567.53
Feb 2021 $939,436.18 -$418,551.55 $520,884.63
Mar 2021 $955,475.27 -$414,407.19 $541,068.08
Apr 2021 $1,021,347.71 -$433,808.86 $587,538.85
May 2021 $1,021,685.84 -$428,283.03 $593,402.81
Jun 2021 $1,033,636.33 -$427,154.47 $606,481.86
Aug 2021 $1,040,550.29 -$425,660.16 $614,890.13
Sep 2021 $1,047,603.22 -$424,530.11 $623,073.11

Heading out of town tomorrow, so updating a bit early.

pharmmm

  • 5 O'Clock Shadow
  • *
  • Posts: 32
  • Age: 37
Re: Race from 500k to 1M!
« Reply #2634 on: August 28, 2021, 09:10:34 AM »
Joining up!

Some history:
Date         Assets               Debts                Net Worth
Jul-14   $78,648.04   $398,451.67   -$319,803.63
Jul-15   $410,895.20   $603,418.44   -$192,523.24
Jul-16   $463,581.17   $536,786.33   -$73,205.16
Jul-17   $543,077.53   $503,380.09   $39,697.44
Jul-18   $664,484.76   $432,715.60   $231,769.16
Jul-19   $763,637.38   $423,618.42   $340,018.96

This year:
Jan-20   $873,556.39   $427,317.72   $446,238.67
Feb-20   $856,664.00   $436,400.00   $420,264.00
Mar-20   $777,418.00   $426,449.51   $350,968.49
Apr-20   $829,006.00   $423,381.00   $405,625.00
May-20   $876,161.00   $419,323.00   $456,838.00
Jun-20   $895,819.00   $420,717.00   $475,102.00
Jul-20   $941,839.00   $419,033.75   $522,805.25

Some data:
-Double pharmacists - wife's loans are gone, I'm scheduled for Public Student Loan Forgiveness in 2024, so my SL and the mortgage is still included.
-LCOL area.
-One child.
-All investments are VTSAX or replicate it as closely as available. (522k as of this post)

Glad to be here!

Well that was a quick year!

Date         Assets               Debts                Net worth

Aug-20   $991,172.86   $416,834.10   $574,338.76
Sep-20   $990,861.48   $417,141.48   $573,720.00
Oct-20   $1,011,112.82   $418,758.35   $592,354.47
Nov-20   $1,069,388.06   $416,693.00   $652,695.06
Dec-20   $1,120,426.77   $416,916.00   $703,510.77
Jan-21   $1,140,861.51   $415,025.58   $725,835.93
Feb-21   $1,195,545.63   $413,850.04   $781,695.59
Mar-21   $1,227,634.93    $414,286.25   $813,348.68
Apr-21   $1,294,599.44    $412,702.51   $881,896.93
May-21   $1,312,532.06    $411,496.63   $901,035.43
Jun-21   $1,371,575.68    $416,006.00   $955,569.68
Jul-21   $1,421,228.05    $411,236.85   $1,009,991.20
Current     $1,450,816.88   $409,307.84      $1,041,509.04

I don't at all trust where we're at, but technically above the number, so I figured I'd post. No daycare or student loan costs due to covid have been a big help to cashflow. Have been able to auto-draft 1k weekly into vanguard brokerage. 2nd daughter due next month.


fuzzy math

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Re: Race from 500k to 1M!
« Reply #2635 on: August 29, 2021, 08:56:07 AM »
@pharmmm HOLY MOLEY!!!

You came a year ago, introduced yourself once, then peaced out exactly a year later after having saved enough to have your invested assets grow $500k in 12 months!!! That's freaking EPIC! Congrats! You both are ready to retire without even having paid off your student loans lol

pharmmm

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  • Posts: 32
  • Age: 37
Re: Race from 500k to 1M!
« Reply #2636 on: August 29, 2021, 09:57:56 AM »
@pharmmm HOLY MOLEY!!!

You came a year ago, introduced yourself once, then peaced out exactly a year later after having saved enough to have your invested assets grow $500k in 12 months!!! That's freaking EPIC! Congrats! You both are ready to retire without even having paid off your student loans lol

Haha, thank you! I knew I made that first post, and I knew I had the 1m goal, but life happened and I just never made it back to update along the way. Kept up my own personal speadsheet every month, and just saved it up for one data dump. Some of the 70k jump months were bananas, still doesn't seem real. Going to wait until the dust settles and get comfortable with the idea of M status to introduce myself in the 1M-?? thread.

FIreDrill

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Re: Race from 500k to 1M!
« Reply #2637 on: August 29, 2021, 11:33:00 AM »
I think my personal capital data got messed up so I'm updating the numbers.  Was briefly over 1M at the beginning of May and have been grinding back up towards that mark while having some expenses come up.  We have a little more cushion now but we are still at the mercy of the markets.


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
12/20:   $840,205    $280,010


01/21:   $858,525         $18,320
02/21:   $890,820         $32,295
03/21:   $925,713         $34,893
04/21:   $983,951         $58,238
05/21:   $952,164         $(31,787)
06/21:   $962,171         $10,007
07/21:   $997,313         $35,142

Current  $1,034,329      $37,016


Year to date:          +$194,127

Alright my fellow mustachians, I think I'm going to call it as we are sitting at just over 1.1M now.  See you all on the other side!

UnleashHell

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Re: Race from 500k to 1M!
« Reply #2638 on: August 30, 2021, 12:32:46 AM »
nice job @FIreDrill

I think I may be joining you.

FIreSurfer

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Re: Race from 500k to 1M!
« Reply #2639 on: August 30, 2021, 04:56:00 AM »
@UnleashHell @FIreDrill @pharmmm  CONGRATS!

05/01/2017:  $198,456 
05/31/2017:  $207,044
07/05/2017:  $219,933
08/01/2017:  $228,504
09/01/2017:  $237,500
09/19/2017:  $245,500
10/02/2017:  $251,933
11/07/2017:  $266,000
12/27/2017:  $280,000
01/23/2018:  $305,566
11/27/2018:  $359,000
03/01/2019:  $400,283 *baby born, kinda lost track of everything.....
08/15/2020:  $612,831
01/01/2021:  $689,500
02/01/2021:  $714,039
02/15/2021:  $747,215
03/15/2021:  $750,529
04/01/2021:  $767,398
05/02/2021:  $803,507
06/02/2021:  $809,000
06/28/2021:  $751,511 invested/$901,500NW  *family land purchase
08/06/2021:  $772,933 invested/$922,933NW
08/30/2021:  $787,791 invested/$937,791NW


skip207

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  • Location: UK
Re: Race from 500k to 1M!
« Reply #2640 on: August 30, 2021, 05:15:32 AM »
01/01/17 £374668
01/01/18 £497097
01/01/19 £547415
01/01/20 £649762
01/01/21 £788172
01/02/21 £802062
01/03/21 £816123
01/04/21 £835284
01/05/21 £856901
01/06/21 £877243
01/07/21 £907604
01/08/21 £922728
01/09/21 £941531

My excel sheet tells me that I am exactly 1 year from FIRE now.  If the market continues to perform I think it could be May/June 22.. I cant quite get my head around a TNW increase of £150,000 in 8 months. 

InvincibleChutzpah

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  • Age: 41
  • Location: All the places
  • 60% leanFI
Re: Race from 500k to 1M!
« Reply #2641 on: August 30, 2021, 09:46:59 AM »
I finally graduated from the $250k-$500k race. Here's to the next leg of the marathon.

8/30/2021    $507,872.75

pasadenafr

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Re: Race from 500k to 1M!
« Reply #2642 on: August 30, 2021, 01:53:32 PM »
I finally graduated from the $250k-$500k race. Here's to the next leg of the marathon.

8/30/2021    $507,872.75

Welcome!!

cannotWAIT

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Re: Race from 500k to 1M!
« Reply #2643 on: August 30, 2021, 07:57:27 PM »
Hello! I became a sixhundredthousandaire today and am looking for someplace to crow about it so I thought I would join up here! Not sure if Iím going to make a million before I peace out but this looked like the closest race category for me. Happy to be here!!

bownyboy

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Re: Race from 500k to 1M!
« Reply #2644 on: August 31, 2021, 01:29:02 AM »
Healthy increase this month despite spending loads (for a Mustacian!) on our first holiday abroad since 2019.

Target is £800k by December.


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 £710,244 (+£103,453)
Feb 2021 £692,104 (-£18,141)
Mar 2021 £689,239 (-£2,865)
Apr 2021 £708, 972 (+£19,693)
May 2021 £715,760 (+£6,684)
Jun 2021 £718,320 (+£2,560)
July 2021 £739,838 (+£21,517)
Aug 2021 £752,173 (+£12,179)
Sep 2021 £774,841 (+£22,666)

« Last Edit: September 01, 2021, 02:17:28 AM by bownyboy »

2Birds1Stone

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Re: Race from 500k to 1M!
« Reply #2645 on: August 31, 2021, 07:58:31 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
02/1/2021 - $809,400
03/1/2021 - $829,100
04/1/2021 - $851,000
05/1/2021 - $879,700
06/1/2021 - $894,700
07/1/2021 - $913,000
08/1/2021 - $932,400
09/1/2021 - $954,800

+$200k YoY........just feels bonkers, especially since we were unemployed for almost 3 of those months.


afuera

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Re: Race from 500k to 1M!
« Reply #2646 on: August 31, 2021, 08:20:46 AM »

Investments Only

                       2015                2016                2017                2018                2019                2020                2021               
January$12,964$53,694$117,156$286,460$366,568$554,279$789,070
February$14,893$57,320$130,755$284,267$388,104$530,928$829,754
March$22,065$71,035$150,924$291,192$415,305$575,079$873,947
April$24,785$75,120$161,757$306,848$429,917$529,397$925,944
May$26,931$87,541$171,174$317,739$416,867$573,991$938,401
June$29,021$90,964$191,558$321,370$458,412$607,523$952,115
July$31,341$93,025$210,018$339,122$459,062$630,288$962,887
August$34,251$95,245$220,293$353,410$466,936$686,631$998,422
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-


Only $2K away!  Looking back, it took me almost 2 years to go from $0 to $100K, one year to go from $100K to $250K, and 2 years to from $250K to $500K (and it seems November is milestone month for us). 
If the markets behave it will take us just under 2 years to go from $500K to $1M.  Fingers crossed!

joe189man

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Re: Race from 500k to 1M!
« Reply #2647 on: August 31, 2021, 08:40:27 AM »

Investments Only

                       2015                2016                2017                2018                2019                2020                2021               
January$12,964$53,694$117,156$286,460$366,568$554,279$789,070
February$14,893$57,320$130,755$284,267$388,104$530,928$829,754
March$22,065$71,035$150,924$291,192$415,305$575,079$873,947
April$24,785$75,120$161,757$306,848$429,917$529,397$925,944
May$26,931$87,541$171,174$317,739$416,867$573,991$938,401
June$29,021$90,964$191,558$321,370$458,412$607,523$952,115
July$31,341$93,025$210,018$339,122$459,062$630,288$962,887
August$34,251$95,245$220,293$353,410$466,936$686,631$998,422
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-


Only $2K away!  Looking back, it took me almost 2 years to go from $0 to $100K, one year to go from $100K to $250K, and 2 years to from $250K to $500K (and it seems November is milestone month for us). 
If the markets behave it will take us just under 2 years to go from $500K to $1M.  Fingers crossed!

Great progress, congrats

pasadenafr

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  • Posts: 317
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  • Location: Upper Left Corner, USA
Re: Race from 500k to 1M!
« Reply #2648 on: August 31, 2021, 08:53:15 AM »

Investments Only

                       2015                2016                2017                2018                2019                2020                2021               
January$12,964$53,694$117,156$286,460$366,568$554,279$789,070
February$14,893$57,320$130,755$284,267$388,104$530,928$829,754
March$22,065$71,035$150,924$291,192$415,305$575,079$873,947
April$24,785$75,120$161,757$306,848$429,917$529,397$925,944
May$26,931$87,541$171,174$317,739$416,867$573,991$938,401
June$29,021$90,964$191,558$321,370$458,412$607,523$952,115
July$31,341$93,025$210,018$339,122$459,062$630,288$962,887
August$34,251$95,245$220,293$353,410$466,936$686,631$998,422
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-


Only $2K away!  Looking back, it took me almost 2 years to go from $0 to $100K, one year to go from $100K to $250K, and 2 years to from $250K to $500K (and it seems November is milestone month for us). 
If the markets behave it will take us just under 2 years to go from $500K to $1M.  Fingers crossed!

Hopefully it will happen this week!! Congrats, great progress. I also reached $500k in 11/2019 but COVID took that away. Now I'm about $100k behind you!

BiggerFishToFI

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Re: Race from 500k to 1M!
« Reply #2649 on: August 31, 2021, 10:23:06 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   
01/31/21   $726,286   $824,521   
02/28/21   $756,396   $857,552   
03/31/21   $785,204   $908,384   
04/30/21   $844,153   $962,858   
05/31/21   $860,379   $1,000,458   
06/30/21   $887,204   $1,030,324   
07/31/21   $924,815   $1,066,071   
08/31/21   $955,822   $1,098,053   

 

Wow, a phone plan for fifteen bucks!