Author Topic: Race from 500k to 1M!  (Read 697592 times)

bigote2032

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Re: Race from 500k to 1M!
« Reply #2000 on: December 02, 2020, 10:59:53 AM »
11/30/2017      $228,503.37
12/31/2017      $237,592.34
01/31/2018    $254,582.33
02/28/2018    $257,732.67
03/31/2018    $265,481.54
04/30/2018    $269,342.61
05/31/2018    $277,950.05
06/30/2018    $285,254.10
07/31/2018    $299,199.64
08/31/2018    $319,335.25
09/30/2018    $347,418.14
10/31/2018    $332,242.01
11/30/2018    $348,536.76
12/31/2018    $325,602.90
01/31/2019    $350,696.67
02/28/2019    $369,513.27
03/31/2019    $379,192.30
04/30/2019    $399,481.40
05/31/2019    $384,294.80
06/30/2019    $408,707.83
07/31/2019    $426,022.76
08/31/2019    $422,250.44
09/30/2019    $460,845.28
10/31/2019    $476,501.03
11/30/2019    $500,079.13
12/31/2019    $517,464.57
01/31/2020    $511,758.52
02/29/2020    $479,104.60
03/31/2020    $419,924.65
04/30/2020    $468,399.74
05/31/2020    $511,017.91
06/30/2020    $533,979.03
07/31/2020    $560,452.66
08/31/2020    $614,878.39
09/30/2020    $600,660.94
10/31/2020    $599,359.11
11/30/2020    $682,864.07

Welcome to the members graduating to this thread and the ones departing for the next one, good luck!!

Mustachio Bashio

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Re: Race from 500k to 1M!
« Reply #2001 on: December 02, 2020, 04:17:15 PM »
          2017       2018       2019       2020       
Jan247,829284,697436,741
Feb167,752263,000314,314440,512
Mar177,448254,401331,474429,408
Apr183,917344,390359,683
May189,205267,000357,302409,428
June195,189273,062351,017452,705
July202,048278,308372,466468,792
Aug211,263287,779373,986499,412
Sept215,880298,772377,991541,591
Oct222,924307,200384,914529,969
Nov230,962295,490403,766525,393
Dec238,389298,003415,269600,285

what a ridiculous jump in numbers in one month. not sad about it.

fuzzy math

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Re: Race from 500k to 1M!
« Reply #2002 on: December 02, 2020, 09:49:13 PM »
Investments only


                       2018                2019                2020                2021                2022               
January-$226,942$401,746--
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--


Enough

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Re: Race from 500k to 1M!
« Reply #2003 on: December 04, 2020, 10:12:11 AM »

26 months for 100-250k. Last post in 100-250k here: http://forum.mrmoneymustache.com/throw-down-the-gauntlet/race-from-100-to-250k/msg1440605/#msg1440605

28 months for 250k-500k. Last post in 250k-500k here: https://forum.mrmoneymustache.com/throw-down-the-gauntlet/race-from-250-to-500k!/msg2457040/#msg2457040


May-19   $482,166.97
Jun-19   $506,489.11
Jul-19   $516,572.20
Aug-19      $520,552.46
Sep-19   $524,681.62
Oct-19    $547,979.00
Nov-19    $564,839.00
Dec-19    $592,397.00 (EST. as of 21st)
Dec-19    $600,838.00
Jan-20    $616,541.00
Feb-20    $635,416.00
Mar-20    $594,318.00
Apr-20    $636,358.00
May-20    $656,539.00
Jun-20    $672,803.00
Jul-20     $691,579.00
Aug-20    $722,451.00
Sep-20    $727,184.00
Oct-20    $716,294.00
Nov-20    $770,869.00 

Rechecked the numbers a few times.  Never thought I'd see a 200k YOY gain.

drumstache

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Re: Race from 500k to 1M!
« Reply #2004 on: December 04, 2020, 11:27:12 AM »
05/20/16   INV-   $218,514      INV+CASH-$328,980      NW-   $478,980
07/17/17   INV-   $306,386      INV+CASH-$417,772      NW-   $567,755
03/14/18   INV-   $380,160      INV+CASH-$467,160      NW-   $617,160
08/08/18   INV-   $423,708      INV+CASH-$491,708      NW-   $641,708
02/18/19   INV-   $446,121      INV+CASH-$585,121      NW-   $751,759
03/22/19   INV-   $481,093      INV+CASH-$592,941      NW-   $762,941
04/18/19   INV-   $506,875      INV+CASH-$595,875      NW-   $765,875
07/18/19   INV-   $540,071      INV+CASH-$617,447      NW-   $787,447
01/01/20   INV-   $586,172      INV+CASH-$667,785      NW-   $837,785
01/24/20   INV-   $610,000      INV+CASH-$691,000      NW-   $861,000
07/21/20   INV-   $647,000      INV+CASH-$727,000      NW-   $912,000
10/21/20   INV-   $681,430      INV+CASH-$765,430      NW-   $950,430
12/04/21   INV-   $724,740      INV+CASH-$814,072      NW-   $994,072

rebel_quietude

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Re: Race from 500k to 1M!
« Reply #2005 on: December 04, 2020, 06:55:43 PM »
Holy crap. I think I graduated today.

It's only by about $1.7k and I'm sure I'll be back, but . . . wow. A decade in the making. Notably, up from 616k on 23 March 2020 . . . talk about volatility. I knew it was close, but that escalated quickly. Not sure how to feel about it right now.


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

4 Dec 2020: $1,001,712
« Last Edit: December 04, 2020, 07:26:18 PM by rebel_quietude »

Trifle

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Re: Race from 500k to 1M!
« Reply #2006 on: December 05, 2020, 01:32:28 AM »
Holy crap. I think I graduated today.

NICE!!  Congratulations @rebel_quietude !

mastrr

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Re: Race from 500k to 1M!
« Reply #2007 on: December 05, 2020, 07:29:20 AM »
hi.

Net Worth

Jan 2016 - $123K
Jan 2017 - $165k
Jan 2018 - $252k
Jan 2019 - $284k
Jan 2020 - $364k
Dec 5th 2020 - $500,058
« Last Edit: December 05, 2020, 07:31:45 AM by mastrr »

Trifle

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Re: Race from 500k to 1M!
« Reply #2008 on: December 05, 2020, 08:06:11 AM »
hi.
....

Hi @mastrr -- Welcome!  Very nice increase this year.

Hello!!! Super happy to join you guys!!!

And welcome @Mazzinator!   
« Last Edit: December 05, 2020, 08:34:55 AM by Trifele »

Mazzinator

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Re: Race from 500k to 1M!
« Reply #2009 on: December 05, 2020, 08:08:22 AM »
Hello!!! Super happy to join you guys!!!

Investments only.

Dec 20 - $501

Dr Kidstache

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Re: Race from 500k to 1M!
« Reply #2010 on: December 05, 2020, 08:20:23 AM »
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
Sept 5 2020: $704,156
Oct 5 2020: $706,274
Nov 5 2020: $733,378

Dec 5 2020: $812,902 ($79,524)

dandypandys

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Re: Race from 500k to 1M!
« Reply #2011 on: December 05, 2020, 05:26:21 PM »
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! :)
Sept 3rd  $577
Oct 1st: $558
Nov 1st:
Dec 5th: $615

FIreDrill

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Re: Race from 500k to 1M!
« Reply #2012 on: December 06, 2020, 12:40:59 AM »
November was a nice month in the market.  Getting closer one month at a time.

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

Year to date:          +$215,746


Man 2020 is turning out to be a crazy year with some crazy gains.

Keep it up everyone!

UnleashHell

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Re: Race from 500k to 1M!
« Reply #2013 on: December 06, 2020, 04:17:11 AM »
Welcome new folks - theres names I recognize from the 250-500 thread!!
Well kids - it starts to go fast at this stage. You all get a big amount to work for you instead of just contributing your money.

Theres folks here hitting 100 to 200 k a year.. unreal numbers considering where we came from.

Good luck and I hope you aren't here too long!!


jda85

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Re: Race from 500k to 1M!
« Reply #2014 on: December 06, 2020, 06:37:11 AM »
Starting with a copy from the 500k thread
12/5/2020: 505,000.00!!!!

ender

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Re: Race from 500k to 1M!
« Reply #2015 on: December 06, 2020, 08:15:01 AM »
Welcome new folks - theres names I recognize from the 250-500 thread!!
Well kids - it starts to go fast at this stage. You all get a big amount to work for you instead of just contributing your money.

Theres folks here hitting 100 to 200 k a year.. unreal numbers considering where we came from.

Good luck and I hope you aren't here too long!!

Assuming of course the market keeps going up :-)

If it goes down 10% a year most of us will be here a looong time :-)

UnleashHell

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Re: Race from 500k to 1M!
« Reply #2016 on: December 07, 2020, 04:40:54 AM »
Welcome new folks - theres names I recognize from the 250-500 thread!!
Well kids - it starts to go fast at this stage. You all get a big amount to work for you instead of just contributing your money.

Theres folks here hitting 100 to 200 k a year.. unreal numbers considering where we came from.

Good luck and I hope you aren't here too long!!

Assuming of course the market keeps going up :-)

If it goes down 10% a year most of us will be here a looong time :-)

woohoo!! thats the spirit!! :D

caracarn

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Re: Race from 500k to 1M!
« Reply #2017 on: December 07, 2020, 08:28:54 AM »
                       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$860,605-
September$290,244$301,079$422,204$525,158$610,690$698,968$868,597-
October$274,986$308,291$413,967$533,760$585,817$577,615$868,808-
November$282,762$308,558$419,572$549,074$595,773$620,036$910,235-
December$292,942$312,281$431,458$557,941$575,877$760,501--
Pretty good hop up.  We are getting nearly 100% of our pay back from my employer from our pay cuts earlier this year, but they announced a pay back plan in August when they took pay back to normal in September.  Was not to be payed back until after the end of the year if we hit goals, but things went so well they not only opted to pay nearly 100% back but also are doing it before the end of the year so that will help the December number as I get about 5-6 months of payback.  Will be a few thousand dollars for sure.   Think it not likely to cross $1 million by the end of the month but hopeful that 2021 will be the year.

Icecreamarsenal

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Re: Race from 500k to 1M!
« Reply #2018 on: December 07, 2020, 01:00:08 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.

caracarn

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Re: Race from 500k to 1M!
« Reply #2019 on: December 08, 2020, 06:37:25 AM »
@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.
I was a bit worried with Sanderson taking over the writing but he did a great job.  I had stopped reading at Book 8 when they originally came out and never picked them up again after Jordan died, but decided to give it a go recently.  Having had such a break I started at the beginning and read all books and the prequel in about 3 years.  I am waiting with baited breath for Amazon to begin filming the Wheel of Time after the pandemic makes it safe to do so.  I expect this to outpace Game of Thrones as I have always found this series much more cohesive.  I know several people who detest GoT treatment/portrayal of women and WoT does not have those issues, so I believe the audience appeal will be much broader.

Illmatic

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Re: Race from 500k to 1M!
« Reply #2020 on: December 08, 2020, 06:10:26 PM »
Very happy to join this group as of today. A few data points...

12/8/18 - $186,707
12/8/19 - $310,809
12/8/20 - $501,250

lollylegs

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Re: Race from 500k to 1M!
« Reply #2021 on: December 09, 2020, 10:35:21 AM »
Welcome to those recently joining!

Well its been another good month & its nice watching my balance go up.

2018
Jan -  $330,883
July - $372,389
-----------------------
2019
Jan  -  $376,421
July  - $449,818
Aug  - $461,802
Sept  -$471,690
Nov  - $486,235
Dec  - $498,006
------------------
2020
Jan  - $501,901
Feb - $518,123
Mar - $446,241
April -$450,421
May - $465,042
June -$478,201
July - $494,067
Aug - $508,204
Sept- $512,108
Oct -  $509,740
Nov-  $538,580
Dec - $558,594


MrThatsDifferent

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Re: Race from 500k to 1M!
« Reply #2022 on: December 10, 2020, 12:23:12 PM »
Here now! Think this one will take longer to get through.

dodojojo

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Re: Race from 500k to 1M!
« Reply #2023 on: December 11, 2020, 10:07:39 AM »
I shy away from posting details hence not being active in this group. But a pleasant shock prompted me to search for 2 comma club threads.

I last checked my numbers in early summer and I figured I would reach the 2 comma mark at the end of 2021.  Well, just checked a couple of days ago and if the nutty market continues its merry way, I'll likely get there sometime in 1Q2021.  Crazy.  Tell myself it's all paper gains and not to get too excited...

Edit to add: I don't own any property, not even a car.  So it's all market/cash.

Jadzia37000

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Re: Race from 500k to 1M!
« Reply #2024 on: December 11, 2020, 10:11:56 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.

achvfi

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Re: Race from 500k to 1M!
« Reply #2025 on: December 11, 2020, 11:12:06 AM »
Usually I have been focused on net worth (about 750000), to my great surprise I realized we have about $950,000 assets working for us. So close to a million!
I only started focusing on finances and investments around 2017! I am so proud of our achievements :-)

mizzourah2006

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Re: Race from 500k to 1M!
« Reply #2026 on: December 14, 2020, 10:33:11 AM »
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

Dec 1 20: $969.9k

wenchsenior

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Re: Race from 500k to 1M!
« Reply #2027 on: December 16, 2020, 06:39:01 PM »
Aw, this thread makes me so happy for everyone...

We just made it! 

We got a million in net worth a while ago, but had to wait a bit to get a million in cash.  I usually only check our numbers once per month, but figured I better check now b/c we are so close (and it could slip back down before 1 January if the market takes a dive over the holidays).

Roughly 1,010,000 as of today!  My husband grew up poor in a family where most members didn't even graduate high school, let alone get college degrees or save any money.  He is still astounded that this has happened, even after 20 years of investing LOL.


solon

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Re: Race from 500k to 1M!
« Reply #2028 on: December 16, 2020, 07:19:18 PM »
You guys are an inspiration. I'm not even in this race yet, I'm in the one below. But I follow this thread just so I can hear about people reaching $1,000,000.

Weisass

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Re: Race from 500k to 1M!
« Reply #2029 on: December 16, 2020, 09:23:15 PM »
Aw, this thread makes me so happy for everyone...

We just made it! 

We got a million in net worth a while ago, but had to wait a bit to get a million in cash.  I usually only check our numbers once per month, but figured I better check now b/c we are so close (and it could slip back down before 1 January if the market takes a dive over the holidays).

Roughly 1,010,000 as of today!  My husband grew up poor in a family where most members didn't even graduate high school, let alone get college degrees or save any money.  He is still astounded that this has happened, even after 20 years of investing LOL.

Congrats! What a lovely git y’all have given yourselves!

Trifle

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Re: Race from 500k to 1M!
« Reply #2030 on: December 17, 2020, 02:02:05 AM »
Aw, this thread makes me so happy for everyone...

We just made it! 


Congratulations @wenchsenior!!!   

UnleashHell

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Re: Race from 500k to 1M!
« Reply #2031 on: December 17, 2020, 05:13:37 AM »
Aw, this thread makes me so happy for everyone...

We just made it! 

We got a million in net worth a while ago, but had to wait a bit to get a million in cash.  I usually only check our numbers once per month, but figured I better check now b/c we are so close (and it could slip back down before 1 January if the market takes a dive over the holidays).

Roughly 1,010,000 as of today!  My husband grew up poor in a family where most members didn't even graduate high school, let alone get college degrees or save any money.  He is still astounded that this has happened, even after 20 years of investing LOL.

congrats - thats awesome!

dandypandys

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Re: Race from 500k to 1M!
« Reply #2032 on: December 17, 2020, 03:34:37 PM »
CONGRATS WOOOHOOOOO!!!!!
Today we learned our pay and retirement match is going back to pre-covid times. YAY!

Engineer93

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Re: Race from 500k to 1M!
« Reply #2033 on: December 18, 2020, 05:05:20 AM »
August 2016: $280k
November 2017: $380k
July 2018: $490k
April 2019: $541k
May 2019: $575k

Have now doubled our NW since finding MMM 2.75 years ago!

January 2020: 625k
August 2020: 711k

December 2020: 830k

Almost triple NW since finding MMM 4.25 years ago

Mathew675

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Re: Race from 500k to 1M!
« Reply #2034 on: December 18, 2020, 11:46:56 PM »
I'm in! Currently at $574 investible assets.

Haven't been adding much lately, but the stock market growth pushed us over $600K. About to really start piling it on this year. Our goal is to get up to $700K before 2018. Good luck all!

Well the market certainly helped out a lot this past year. We ended up at $794K on 1 Jan. Beat our goal by a healthy margin! It really is amazing how the market can supercharge your savings with compound interest. I think it was around $500 that I really saw it take over and begin overwhelming my savings.

Just a few weeks into 2018 and we are up to $819K. I haven't added any of my own savings in yet this year either. Amazing. (I suppose it can be just as amazing going the other way too!)

Hey everyone. It’s been a while but I think I finally count myself as graduated. Went over the 2 comma club in Jan of this year. Then I fell below it... way below it. But I held on and am now sitting comfortably over $1.2m. I consider my wife a millionaire and now it’s time for me to get there too! Good luck everyone!

BluePhoenix75

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Re: Race from 500k to 1M!
« Reply #2035 on: December 22, 2020, 06:23:47 AM »
August 2018 Update:

Our Stash (NW):
1/2018 - $565,049
2/2018 - $560,628
3/2018 - $573,526
5/2018 - $601,628
6/2018 - $624,739
7/2018 - $641,020
8/2018 - $654,685

December 2020 update:

After a hiatus I’m back to graduate!

12/2020 - $1,004,814

On to $2M!

charis

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Re: Race from 500k to 1M!
« Reply #2036 on: December 22, 2020, 08:53:47 AM »
NW:
April 2017: 175k
April 2018: 333k
April 2019: 400k
February 2020: 515k
August 2020: 602k (415k invested/$50k cash)
December 2020: 669k (478k invested)

Investments grew well since August and we'll be adding 12k to IRAs on Jan 4. Closing in on half million invested soon, which is exciting.  Refinancing the mortgage currently and that will free up some cash flow for more investing.

OurTown

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Re: Race from 500k to 1M!
« Reply #2037 on: December 23, 2020, 04:32:45 AM »
Today is bonus day which I lovingly call jelly of the month club. I am not expecting as much this year because we were shut down for several weeks in the spring.  I did not just put a down payment on a pool so we should be okay with whatever I get.

caracarn

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Re: Race from 500k to 1M!
« Reply #2038 on: December 23, 2020, 07:20:31 AM »
Aw, this thread makes me so happy for everyone...

We just made it! 

We got a million in net worth a while ago, but had to wait a bit to get a million in cash.  I usually only check our numbers once per month, but figured I better check now b/c we are so close (and it could slip back down before 1 January if the market takes a dive over the holidays).

Roughly 1,010,000 as of today!  My husband grew up poor in a family where most members didn't even graduate high school, let alone get college degrees or save any money.  He is still astounded that this has happened, even after 20 years of investing LOL.
Congrats!  Hoping we get there next year.  What a feeling that will be.

YoungGranny

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Re: Race from 500k to 1M!
« Reply #2039 on: December 28, 2020, 06:38:43 AM »

Dec. 2017: $502k
Jan. 2, 2018: $513.7k
Feb. 5, 2018: $539.9k
Mar. 5, 2018: $543.6k
Apr. 2, 2018: $557.6
Apr. 30, 2018: $574.5k
June 4, 2018: $616.2k
July 2, 2018: $623.4k
Aug. 1, 2018: $643.8k
Sep. 4, 2018:$670.2k
Oct. 2, 2018: $677.7k
Nov. 2, 2018: $659.6k
Jan 2, 2019: $631.2k
Feb 1, 2019: $659.1k
Mar 1, 2019: $708k
Apr 1, 2019: $725.9k
May 1, 2019: $753.9k
July 1, 2019: $772.4k
Aug 1, 2019: $792.8k
Sep 3, 2019: $787.2k
Oct 1, 2019: $806.4k
Nov 1, 2019: $827.9k
Dec 2, 2019: $863.6k
Jan 2, 2020: $894.8k
Feb 3, 2020: $908.4k
Mar 2, 2020: $861.9k
Apr 2, 2020: $729.1k
May 1, 2020: $829.6k
June 4, 2020: $899.0k

December 28, 2020: $1,001.7k

WE DID IT!. It's been A YEAR. Husband got laid off 5 weeks before our baby girl was born in July, we ended up moving for my job selling our condo at a loss. But we're here now, and it feels good!

What will I do to splurge? Replace my Vans that have a hole in the heel with a new $30 pair of shoes since it's starting to snow here in MI now and I don't need snow in my shoe on my morning walk :)

skip207

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Re: Race from 500k to 1M!
« Reply #2040 on: December 28, 2020, 03:23:44 PM »
Well done!!

Weisass

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Re: Race from 500k to 1M!
« Reply #2041 on: December 28, 2020, 07:59:09 PM »
01/01/20: $760,565   
03/01/20:   $722,547
05/01/20:   $728,683
07/01/20:   $788,641
09/01/20:   $735,846
11/01/20:   $746,928
12/28/20: $813,604   

Getting there!

dandypandys

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Re: Race from 500k to 1M!
« Reply #2042 on: December 29, 2020, 06:29:30 AM »
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! :)
Sept 3rd  $577
Oct 1st: $558
Nov 1st:
Dec 5th: $615
Dec 29th: $624 UP 90.5k for 2020

3Mer

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Re: Race from 500k to 1M!
« Reply #2043 on: December 29, 2020, 12:07:33 PM »
@3Mer, it's eerie how similar our trajectory was. I got into the $500k club 2 months after you and we are within $1k of each other today =D

@2Birds1Stone - Wow, that is amazing!  Nice to be trodding along next to you :-) 

OurTown

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Re: Race from 500k to 1M!
« Reply #2044 on: December 30, 2020, 11:52:26 PM »
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
10/1/20 = $882
11/1/20 = $889
12/1/20 = $944

1/1/21 = $971

bownyboy

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Re: Race from 500k to 1M!
« Reply #2045 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 #2046 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 #2047 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 #2048 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 #2049 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

 

Wow, a phone plan for fifteen bucks!