Race from 500k to 1M!

[afuera]

12/31/2014: INV-$10,584.06     NW-$-20,000
12/31/2015: INV-$49,877.48     NW-$78,264.92
12/31/2016: INV-$106,390.73    NW-$188,244.13
12/31/2017: INV-$265,731.22    NW-$277,837.89
12/31/2018: INV-$332,761.13    NW-$357,901.80
12/31/2019: INV-$545,957.38    NW-$583,896.83

01/31/2020: INV-$554,278.54    NW-$597,803.17
02/29/2020: INV-$530,928.16    NW-$572,428.24
03/31/2020: INV-$475,079.49    NW-$519,370.12
04/30/2020: INV-$529,397.31    NW-$573,982.99
05/31/2020: INV-$573,990.90    NW-$621,671.08
06/31/2020: INV-$607,523.01    NW-$657,069.99
07/31/2020: INV-$630,288.01    NW-$682,393.77

Paid for an expensive elective surgery on CC last month so will be paying off that bill this month.  It has completely improved quality of life so it was worth it but will slow savings this next month.  Just keep chugging along.

[dreadmoose]

@dreadmoose

We seem to be on fairly parallel paths, although your income (or savings) alone appears to be what my wife and I make combined.

Took us about the same amount of time to go from 250k > 500k and we're also just entering this race. You're 6k ahead currently, but not for long if I can help it!

Ooh, exciting!

My wife earns well normally but is currently on Maternity leave. With plans for a second soon she actually slows down my savings a little bit, so it's on BFTFI!

@Trifele thanks for the welcome! I've been eyeing this thread as the most exciting part of the stash building so it feel nice to finally be in here.

[Dr Kidstache]

Apr 5 2019: $523,606 -> crossed 500k threshold
May 6 2019: $536,891
Jun 6 2019: $528,014
Jul 10 2019: $569,181
Aug 5 2019: $547,229
Sep 5 2019: $569,689 
Oct 5 2019: $579,502 
Nov 5 2019: $602,772   
Dec 5 2019: $607,806
Jan 5 2020: $634,119 
Feb 5 2020: $642,031
Mar 5 2020: $619,455
Apr 5 2020: $525,283
May 5 2020: $587,254 
June 5 2020: $654,920
July 5 2020: $650,510

Aug 5 2020: $685,038 ($34,3528)

[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.

1/2020     $836K                 $996K   
2/2020     $845K                 $996K       
2/7/2020  $853K               $1004K  !! yay!! Briefly over 1MM! big day for a stock I own.
4/2020     $794K                 $944K
5/2020     $818K                 $971K
6/2020 mod $867K            $1044K  Zillow values on our properties went way up.
6/2020 mod2 $746K           $865K   (Using very conservative tax assessed values)

8/2020  $881K           $1061K   
8/2020 alt $782K          $892K   (Using very conservative tax assessed values)


1MM dates, who knows         made it!

[3Mer]

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

Net worth halfway from 500K to 1M

[jamster]

Hi! I never post here, but I’m pretty sure today is the day that my husband and I hit a million dollars on our road to FI. We won’t know officially until tomorrow morning since the TSP doesn’t update until then, but we were only a couple thousand away, and we figure today’s market increase was enough to clinch it.

We went out to dinner to celebrate, but it’s a lonely milestone—definitely not anything we plan to talk to friends or family about. But oh my god, it is so wonderful to be that much closer to being able to FIRE and escape our dreadful jobs forever.

I love this forum and all of you and am so grateful for a place where such things can be discussed while friends and family are none the wiser :-D

Best wishes for everyone’s path to FIRE!
Josh

[Dr Kidstache]

Hi! I never post here, but I’m pretty sure today is the day that my husband and I hit a million dollars on our road to FI. We won’t know officially until tomorrow morning since the TSP doesn’t update until then, but we were only a couple thousand away, and we figure today’s market increase was enough to clinch it.

We went out to dinner to celebrate, but it’s a lonely milestone—definitely not anything we plan to talk to friends or family about. But oh my god, it is so wonderful to be that much closer to being able to FIRE and escape our dreadful jobs forever.

I love this forum and all of you and am so grateful for a place where such things can be discussed while friends and family are none the wiser :-D

Best wishes for everyone’s path to FIRE!
Josh

Congratulations!

[Trifle]

Hi! I never post here, but I’m pretty sure today is the day that my husband and I hit a million dollars on our road to FI

Congratulations @Bramjam !

[talltexan]

We went out to dinner to celebrate, but it’s a lonely milestone—definitely not anything we plan to talk to friends or family about. But oh my god, it is so wonderful to be that much closer to being able to FIRE and escape our dreadful jobs forever.

I know what you mean about the "lonely milestone". There is just no easy way to share it with someone. I even find myself under-reporting assets with my financial advisor because I don't want him trying to pitch us investment products that will result in him earning more fees from us.

[jmutt]

Made it to $1M this week.  Feels good, but I'm pretty sure I'll be bouncing back and forth in this thread for a while.

DEC 2019 - 933k
 
Up 196k for the year.

JUN 2019 - 844k

DEC 2018 NW: 737K
DEC 2017 NW: 697k
DEC 2016 NW: 559k
DEC 2015 NW: 444k
DEC 2014 NW: 385k
DEC 2013 NW: 337k
DEC 2012 NW: 253k
DEC 2011 NW: 209K
DEC 2010 NW: 184k

[skcook]

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!

[dandypandys]

2017
Jan 1st: 252k
Dec 4th 322.5k   

2018
Jan 1st:316.5k     64.5k up for 2017
Dec 1st:370k

2019
Jan 1st: $357.5 (marking the first year of maxing out retirement accounts!) UP: 41k for 2018 (markets took a hit)
Dec 1st $498.5   

2020
Jan 1st $533.5  We did it! How exciting :) UP 176k for 2019- wow did I make a mistake lol!?
Feb 3rd  $523
March 1st  $499  I am glad I rebalanced the end of Jan, bought more bonds to maintain my IPS.
April 1st $455
May 1st $498.5 didn't check all month, so surprised at this.
June 1st $519.5
July 1st $534 yay back up again!
August 10 $547.5  Had to replace my car this month, paid in full of course and still up! :)

[caracarn]

	2014	2015	2016	2017	2018	2019	2020	2021
January	$-	$292,190	$304,411	$437,806	$581,831	$615,789	$767,806	-
February	$-	$332,002	$331,197	$162,424	$585,663	$662,207	$735,649	-
March	$-	$332,209	$331,749	$481,340	$583,773	$683,014	$683,851	-
April	$-	$336,743	$260,548	$483,994	$582,862	$719,849	$734,510	-
May	$256,131	$338,884	$373,153	$483,982	$585,929	$701,938	$760,661	-
June	$258,642	$321,529	$377,807	$490,951	$590,577	$731,170	$777,705	-
July	$276,381	$320,767	$414,764	$503,706	$601,024	$721,753	$819,352	-
August	$296,700	$313,896	$405,676	$513,111	$606,442	$686,503	-	-
September	$290,244	$301,079	$422,204	$525,158	$610,690	$698,968	-	-
October	$274,986	$308,291	$413,967	$533,760	$585,817	$577,615	-	-
November	$282,762	$308,558	$419,572	$549,074	$595,773	$620,036	-	-
December	$292,942	$312,281	$431,458	$557,941	$575,877	$760,501	-	-

Quite a nice jump again.  Side hustle money from delivery gig work added a thousand or so along with lowered expenses due to COVID keeping us home and us not spending to do things out as much as we do adding a bit, but the majority of this would have been market gains.  Of the $108K change over 90 days, $94K is market related as I look at my Personal Capital details.  After taking out a $5K gift we received the $9K increase over three months is accounted for for the same reasons.  Glad to have broken the $800K barrier and looking forward to further progress as currently already up over $10K since the start of August so we'll see if that hold through the end of the month.

[mizzourah2006]

Just crossed over $500k for the stache this past month, so I'll jump in on the race.

Started tracking:
Jan 16: $181.2k

Feb 19: $532.8k

Update to April 1st. $546.25k

Update to October 1st: $620.15k

Feb 1. 20: $710.5k
March 1 20: $685.7k
Apr 1 20: $605.9k
May 1 20: $693.4k

June 1 20: $724.5k

Back up for the year (of course this counts a decent chunk of contributions too).

Aug 1 20: $789.1k

I've decided to prioritize paying down the mortgage a bit more for the guaranteed 3.375% return and to get it paid off in the next ~5ish years. So my growth here may slow down as this only counts our investments.

[TheAnonOne]

2015 DEC	:	252k	<- Crossed 250k
-	-
2016 JAN	:	260k	(+8k)
2016 FEB	:	281k	(+21k)
2016 MAR	:	285k	(+4k)
2016 APR	:	298k	(+13k)
2016 MAY	:	305k	(+7k)
2016 JUN	:	307k	(+2k)
2016 JUL	:	320k	(+13k)
2016 AUG	:	326k	(+6k)
2016 SEP	:	336k	(+10k)
2016 OCT	:	337k	(+1k)
2016 NOV	:	361k	(+24k)
2016 DEC	:	368k	(+7k)
-	-
2017 JAN	:	382k	(+14k)
2017 FEB	:	403k	(+21k)
2017 MAR	:	416k	(+13k)
2017 APR	:	427k	(+11k)
2017 MAY	:	436k	(+9k)
2017 JUN	:	449k	(+13k)
2017 JUL	:	464k	(+15k)
2017 AUG	:	478k	(+14k)
2017 SEPT	:	494k	(+16k)
2017 OCT	:	510k	(+16k) <- Crossed 500k
2017 NOV	:	523k	(+13k)
2017 DEC	:	534k	(+11k)
-	-
2018 JAN	:	558k	(+24k)
2018 FEB	:	569k	(+11k)
2018 MAR	:	560k	(-9k)
2018 APR	:	574k	(+14k/+5k)
2018 MAY	:	575k	(+1k)
2018 JUNE	:	575k	(+0k)
2018 JULY	:	599k	(+24k)
2018 AUG	:	620k	(+21k)
2018 SEPT	:	625k	(+5k)
2018 OCT	:	597k	(-28k)
2018 NOV	:	606k	(+9k/-19k)
2018 DEC	:	580k	(-26k/-45k)
-	-
2019 JAN	:	628k	(+48k/+3k)
2019 FEB	:	666k	(+38k)
2019 MAR	:	677k	(+11k)
2019 APR	:	706k	(+29k)
2019 MAY	:	670k	(-36k)
2019 JUNE	:	709k	(+39k/+3k)
2019 JULY	:	712k	(+3k)
2019 AUG	:	720k	(+8k)
2019 SEPT	:	725k	(+5k)
2019 OCT	:	753k	(+28k)  <- Crossed 750k
2019 NOV	:	777k	(+24k)
2019 DEC	:	798k	(+21k)
-	-
2020 JAN	:	809k	(+11k)
2020 FEB	:	780k	(-29k)
2020 MAR	:	700k	(-80k/-109k)
2020 APR	:	762k	(+62k/-47k)
2020 MAY	:	818k	(+56k/+8k)
2020 JUNE	:	840k	(+22k)
2020 JULY	:	884k	(+44k)

Starting to look like the goal is getting closer, and quickly. 2-3 months like this, and I am done. Crazy but, i've seen bull runs in the past run longer than this.

Already at 908k a week or so into AUG. I have quite a bit of uncounted home appreciation and a bit of crypto that im saving until the end before counting. Fun times!

[dadbod]

We just hit 500k invested after I paid off a 401k loan.  Exciting times! 

[Jack0Life]

$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 furloughed 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.

[rebel_quietude]

Congrats @Jack0Life, and welcome @dadbod !!! This is the coolest crew in the MMM forum.

 I hit a milestone this morning: $901,550. Two more posts (hopefully): end of year 2020 (can't come soon enough), and graduation.

2011: $167,933
2012: $208,846
2013: $308,056
2014: $358,723
2015: $371,371
2016: $457,543
2017: $580,045
2018: $603,787
2019: $826,413

[asauer]

I'm so excited and have to share here as I can't share anywhere else.  Today we officially put our toe over the 1M dollar mark!!  I'm sure we'll tip back and forth for a while so I'll stay in this group until we hold steady but it's the first time I've seen TWO commas on my investments!

Note: this excludes home value and kids college funds.

[Trifle]

I'm so excited and have to share here as I can't share anywhere else.  Today we officially put our toe over the 1M dollar mark!!  I'm sure we'll tip back and forth for a while so I'll stay in this group until we hold steady but it's the first time I've seen TWO commas on my investments!

Note: this excludes home value and kids college funds.

NIIIICE!!!  Congrats @asauer !

[Fru-Gal]

I'm so excited and have to share here as I can't share anywhere else.  Today we officially put our toe over the 1M dollar mark!!  I'm sure we'll tip back and forth for a while so I'll stay in this group until we hold steady but it's the first time I've seen TWO commas on my investments!

Note: this excludes home value and kids college funds.

Congrats! We crossed $1M net worth in April 2019, including house.

Now, we are at $590k in investments!!! So close to $600k. I have already saved $26k in my 401k this year (yay 50!), so I know I can save at least another 10k before the year's out.

I find myself thinking how great it will be to "save my first million".

Sometimes I worry about stealth wealth but a funny thing happens when you drive a very old (yet awesome) car or ride a bike, it's like an invisibility cloak haha. People can't fathom you'd do that voluntarily.

[Lucky Recardito]

Quarterly:
10/1/18 $502K
01/1/19 $480K - this was all market drop; no change to savings behavior
04/1/19 $546K
07/1/19 $579K
10/1/19 $586K - pulled a chunk out of our HSA to pay for childbirth costs incurred earlier in the year; also started daycare; husband took 2 months unpaid paternity leave... savings rate currently in the toilet

Includes home equity. Doesn't include roughly $30K in cash.

Anticipated graduation: mid-2023

Haven't been updating regularly, but enjoying looking at progress right now!

Net worth progress (includes home equity; does not include roughly $30k in cash)

10/1/18 $502K

01/1/19 $480K - this was all market drop; no change to savings behavior
04/1/19 $546K
07/1/19 $579K
10/1/19 $586K - pulled a chunk out of our HSA to pay for childbirth costs incurred earlier in the year; also started daycare; husband took 2 months unpaid paternity leave... savings rate currently in the toilet

1/1/20 $650K
4/1/20 $678K
7/1/20 $689K

Anticipated graduation for net worth: mid-2022 (holy heck -- that's a whole year shaved off from my last update. Making faster progress than anticipated.)

Also just graduated from the $250k-$500k thread, where I was watching investments-only. So here's the start of investments-only, without home equity and without cash on hand:

8/1/20 $508K

Anticipated graduation: January 2024

[Mrs. Sloth]

Joining this race!!

As of 8/13- Liquid NW is $700,373* after selling home. Woohoo...I want to post here so I can track how soon we reach $1 million.

*Excludes equity in rental properties and equity in primary residence.

Updated to clarify what the figure excludes.

[FIreSurfer]

Jumping into this race behind Mrs. Sloth!

Fell off from the previous race for a while with the arrival of our first child.  Less money was going into investments and I hardly had time to think in my desperate quest to get sleep as a new parent. But VTSAX didn't need much input from me so after a year and half break, during which I did invest here and there, I find myself joining the fun with:

05/01/2017:  $198,456
05/15/2017:  $200,404   
05/31/2017:  $207,044
06/15/2017:  $213,996
07/05/2017:  $219,933
07/17/2017:  $225,853
08/01/2017:  $228,504
08/24/2017:  $228,854
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
01/12/2018:  $300,768
01/23/2018:  $305,566
11/27/2018:  $359,000
03/01/2019:  $400,283
08/15/2020:  $612,831 (DW and my investment accounts only)

[Trifle]

Welcome @Mrs. Sloth and @TryingtoFIREinLAnow!

[Mrs. Sloth]

Thank you @Trifele! Hard to believe I made it here actually...faster than I have ever imagined.

[pharmmm]

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!

[Fru-Gal]

11 days later, we passed $600k in investments! I am amazed.

[asauer]

Yes!  We are also stealth wealth, people don't get why we don't have a golf membership, new cars or a boat, lol.

I'm so excited and have to share here as I can't share anywhere else.  Today we officially put our toe over the 1M dollar mark!!  I'm sure we'll tip back and forth for a while so I'll stay in this group until we hold steady but it's the first time I've seen TWO commas on my investments!

Note: this excludes home value and kids college funds.

Congrats! We crossed $1M net worth in April 2019, including house.

Now, we are at $590k in investments!!! So close to $600k. I have already saved $26k in my 401k this year (yay 50!), so I know I can save at least another 10k before the year's out.

I find myself thinking how great it will be to "save my first million".

Sometimes I worry about stealth wealth but a funny thing happens when you drive a very old (yet awesome) car or ride a bike, it's like an invisibility cloak haha. People can't fathom you'd do that voluntarily.

[TempusFugit]

Yes!  We are also stealth wealth, people don't get why we don't have a golf membership, new cars or a boat, lol.

I'm so excited and have to share here as I can't share anywhere else.  Today we officially put our toe over the 1M dollar mark!!  I'm sure we'll tip back and forth for a while so I'll stay in this group until we hold steady but it's the first time I've seen TWO commas on my investments!

Note: this excludes home value and kids college funds.

Congrats! We crossed $1M net worth in April 2019, including house.

Now, we are at $590k in investments!!! So close to $600k. I have already saved $26k in my 401k this year (yay 50!), so I know I can save at least another 10k before the year's out.

I find myself thinking how great it will be to "save my first million".

Sometimes I worry about stealth wealth but a funny thing happens when you drive a very old (yet awesome) car or ride a bike, it's like an invisibility cloak haha. People can't fathom you'd do that voluntarily.

It’s far better to be rich than to appear rich.  But that is what trips up most people; they want so desperately to look rich to other people. 

[caracarn]

Yes!  We are also stealth wealth, people don't get why we don't have a golf membership, new cars or a boat, lol.

I'm so excited and have to share here as I can't share anywhere else.  Today we officially put our toe over the 1M dollar mark!!  I'm sure we'll tip back and forth for a while so I'll stay in this group until we hold steady but it's the first time I've seen TWO commas on my investments!

Note: this excludes home value and kids college funds.

Congrats! We crossed $1M net worth in April 2019, including house.

Now, we are at $590k in investments!!! So close to $600k. I have already saved $26k in my 401k this year (yay 50!), so I know I can save at least another 10k before the year's out.

I find myself thinking how great it will be to "save my first million".

Sometimes I worry about stealth wealth but a funny thing happens when you drive a very old (yet awesome) car or ride a bike, it's like an invisibility cloak haha. People can't fathom you'd do that voluntarily.

It’s far better to be rich than to appear rich.  But that is what trips up most people; they want so desperately to look rich to other people.

+1000

[charis]

Jumping in after dropping the progress threads for a while:

NW:
April 2017: 175k
April 2018: 333k
April 2019: 400k
February 2020: 515k (today)

There are a few of us who are newer around here. Welcome, welcome!

I neglected to respond and thank you for the welcome! And I'll add a "milestone" update:

NW:
April 2017: 175k
April 2018: 333k
April 2019: 400k
February 2020: 515k
August 2020: 602k (415k invested/$50k cash)

I've noticed that I'm much more interested in the amount invested than total NW these days, but hitting 600k is nice. It might be fair to say that while we aren't FI, traditional retirement is fully funded and we don't have worry about money anymore. It's surreal, as this was probably the main goal when I started with MMM

[Jack0Life]

$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

[Wintergreen78]

Just over $900k. One of the meaningless numbers I calculate when I do my check-ins is my increase or decrease from my last check in in dollars per day. I’m averaging a net worth increase of $1,200/day since April 1. That is pretty good for being retired.

So, at this rate I should hit $1,000,000 on November 18.

[TheAnonOne]

Just over $900k. One of the meaningless numbers I calculate when I do my check-ins is my increase or decrease from my last check in in dollars per day. I’m averaging a net worth increase of $1,200/day since April 1. That is pretty good for being retired.

So, at this rate I should hit $1,000,000 on November 18.

What about the rate from Jan 1 :)

[TheAnonOne]

I see people "sticking around" after they hit 1m instead of graduating. Why is this? There is 100% always a chance, or rather, a certainty you will drop back into the "6 figure club". I don't think the 1m-2m race folks will bite if your 4th post is 980k after a market drop :)

How safely into the next bracket do we really need to be to be "real" millionaires.

I think this stems from everyone being so damn conservative here haha

[salt cured]

I see people "sticking around" after they hit 1m instead of graduating. Why is this? There is 100% always a chance, or rather, a certainty you will drop back into the "6 figure club". I don't think the 1m-2m race folks will bite if your 4th post is 980k after a market drop :)

I wholeheartedly agree and am perplexed why someone would announce they are sticking around this thread to make sure the million sticks or whatever their reason. It's a race to one million. Once you hit it, whether on the second day of the month or the last, do a little dance, post your update, and move on to the next thread and don't look back.

[TempusFugit]

I see people "sticking around" after they hit 1m instead of graduating. Why is this? There is 100% always a chance, or rather, a certainty you will drop back into the "6 figure club". I don't think the 1m-2m race folks will bite if your 4th post is 980k after a market drop :)

How safely into the next bracket do we really need to be to be "real" millionaires.

I think this stems from everyone being so damn conservative here haha

I think of myself as an alumnus of this thread, with visiting privileges. When I hit 1M in TNW, I posted in the 1-2M thread as a 'probationary' member and then when LNW crossed the line I thought of myself as an official member of the next group. 

[Sid Hoffman]

So I'm just now joining this thread I guess maybe in disbelief that the bull market is still going. I started my journey in earnest in 2012 I guess so:

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

Aug 27, 2020:   $743,325

It still doesn't even seem real to me. In just a little over a year and a half from Dec 31, 2018 to the present date my NW doubled almost on the nose and it's not like I got a pay raise or lowered expenses in that time period. It's just been slow and steady investing in broad stock funds for the most part.

I know I've read people saying that it can be shocking how quickly you build wealth once you're up in the high 6's and into the 7-digit range but this honestly took me by surprise. It was almost 6 years from 2012 to 2018 to double, then this seemingly unreal bubble of a run to double in 20 months? I mean I guess if the market crashes and stalls this fall and doesn't come back for 10 years then so be it, but in the meantime I guess I'm technically in the hunt for this goal of making my first million too.

[Wintergreen78]

Just over $900k. One of the meaningless numbers I calculate when I do my check-ins is my increase or decrease from my last check in in dollars per day. I’m averaging a net worth increase of $1,200/day since April 1. That is pretty good for being retired.

So, at this rate I should hit $1,000,000 on November 18.

What about the rate from Jan 1 :)

Almost exactly $0/day! But I did also buy a new car.

And obviously the proper way to do this is to only use the number from the arbitrary date I picked, then extrapolate forward assuming the current trend will continue forever.

[Weisass]

Decided to wait to post here until our investments topped 500k. We have saving in earnest for abt 10 years, and have kept at it despite kids and buying a house. Today was the day I checked our investments and they were over 500k!

So our NW stats:

8/28/2020: 741,386 (502,150 invested)

[skip207]

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

Well Monday is a holiday so posting early.

A massive milestone for me today, >£700k.

Incredible for me and so happy even if its short lived LOL :)

Next big push for 750k (which is $1MM :D )

[Trifle]

welcome @Mrsweisass (great name) and congrats @skip207!  Nice milestone.  :)

[TheAnonOne]

Well, yesterday after readjusting my home value and one of my side investments, I officially cracked 1 mil.

This is my largest monthly gain ever, I never even had a post in the 900k range. To be fair, I would have but I only adjust my home value every so often (it went up 20-30k, my other investment went up 20-30k, and VTSAX has gone up some unreal amount in the last month)

I've been in this thread (and the 250k-500k one) every single month from 2015 on, back when I had a NW of 250k. It took around 4.5 years to add the other 750k...

I'll still do my last monthly check-in, in a few days, to top it off!

[OurTown]

6/1/17 = $500
7/1/17 = $508
8/1/17 = $518
9/1/17 = $523
10/1/17 = $543
11/1/17 = $550
12/1/17 = $558

1/1/18 = $580
2/1/18 = $593
3/1/18 = $589
4/1/18 = $587
5/1/18 = $603
6/1/18 = $617
7/1/18 = $612
8/1/18 = $623
9/1/18 = $639
10/1/18 = $644
11/1/18 = $622
12/1/18 = $636

1/1/19 = $630
2/1/19 = $664
3/1/19 = $682
4/1/19 = $691
5/1/19 = $708
6/1/19 = $702
7/1/19 = $731
8/1/19 = $737
9/1/19 = $736
10/1/19 = $746
11/1/19 = $761
12/1/19 = $781

1/1/20 = $809
2/1/20 = $824
3/1/20 = $806
4/1/20 = $744
5/1/20 = $783
6/1/20 = $809
7/1/20 = $827
8/1/20 = $861
9/1/20 = $893

[AnxietyFly]

I still have fifteen years before I want to retire. I feel pretty good with where I am at in life with regards to my finances.

2015 296,000
2016 402,438
2017 534,213
2018 631,884
2019 782,239 (estimated)

2015 296,000
2016 402,438
2017 534,213
2018 631,884
2019 817,971
Current 782,688
EOY Est 782,688

2015 296,000
2016 402,438
2017 534,213
2018 631,884
2019 817,971
Current 855,000
EOY Est 855,000

2015 296,000
2016 402,438
2017 534,213
2018 631,884
2019 817,971
Current 916,473
EOY Est 950,000

[Weisass]

welcome @Mrsweisass (great name) and congrats @skip207!  Nice milestone.  :)

Thanks so much for the welcome! It is great to be here :D

[Jack0Life]

I see people "sticking around" after they hit 1m instead of graduating. Why is this? There is 100% always a chance, or rather, a certainty you will drop back into the "6 figure club". I don't think the 1m-2m race folks will bite if your 4th post is 980k after a market drop :)

How safely into the next bracket do we really need to be to be "real" millionaires.

I think this stems from everyone being so damn conservative here haha

I have no interest in hitting $2 millions.
I think that if I still have my $120k job and my wife were interested in climbing the corporate ladder, we could maybe get close to $2 millions in 5 yrs as we are a DINK couple but whats the point. Our objective is to let our million grow and just work minimally just to cover expenses. In 5 yrs, the million will be what ever it will be and we can retire for good.
Even living on $60k is extravagant for us and that's with a $2000 house expense.
Maybe my new goal is $1 mil without equity in our primary home.

[bownyboy]

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

Well Monday is a holiday so posting early.

A massive milestone for me today, >£700k.

Incredible for me and so happy even if its short lived LOL :)

Next big push for 750k (which is $1MM :D )

Congrats skip207! I feel our progress has been closely mirrored with you always just a little ahead of me!

My eta for £700k is December, after which I'm calling it quits!

Jan 2017 - £346,854
===============
Jan 2018 - £456,088
===============
Jan 2019 - £495,379
===============
Jan 2020 - £606,791
Feb 2020 - £598,230 (-£8,561)
Mar 2020 - £622,178 (+£23,948)
Apr 2020 - £587,380 (-£34,798)
May 2020 - £605,014 (+£17,364)
Jun 2020 - £635,485 (+£30,471)
Jul 2020 - £645,221 (+£9,736)
Aug 2020 - £634,258 (-£10,963)
Sep 2020 - £650,643 (+£16,385)

[Icecreamarsenal]

5/3/20: 64k
6/4/20: 595k
7/1/20: 596k
Static, not much movement.

Is your May number accurate?  Just seems like a very big leap, so if it is assuming large deposits.

Thanks, just caught that.
And I'm reading the Wheel of Time series now.  Boy he is a bit verbose.  Book 6, just 6000 more pages to go.