Author Topic: Race from 500k to 1M!  (Read 701184 times)

Nick_Miller

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Re: Race from 500k to 1M!
« Reply #2600 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 #2601 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 #2602 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 #2603 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 #2604 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 #2605 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 #2606 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 #2607 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 #2608 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 #2609 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 #2610 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 #2611 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 #2612 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 #2613 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 #2614 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 #2615 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 #2616 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 #2617 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

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Re: Race from 500k to 1M!
« Reply #2618 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 #2619 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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Re: Race from 500k to 1M!
« Reply #2620 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 #2621 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 #2622 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 #2623 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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Re: Race from 500k to 1M!
« Reply #2624 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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Re: Race from 500k to 1M!
« Reply #2625 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 #2626 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 #2627 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 I’m 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 #2628 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 #2629 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 #2630 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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  • Posts: 915
Re: Race from 500k to 1M!
« Reply #2631 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

  • Bristles
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  • Posts: 322
  • Age: 49
  • Location: Upper Left Corner, USA
Re: Race from 500k to 1M!
« Reply #2632 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

  • Stubble
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  • Posts: 245
Re: Race from 500k to 1M!
« Reply #2633 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   

hudsoncat

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  • Posts: 361
Re: Race from 500k to 1M!
« Reply #2634 on: August 31, 2021, 10:52:14 AM »
                       2018                2019                2020                2021               
January$222,019$261,809$403,264$550,326
February$236,831$286,584$414,417$555,120
March$234,104$303,681$388,201$577,440
April$234,452$314,939$355,475$606,455
May$241,470$331,080$398,672$647,810
June$249,398$320,926$417,280$654,138
July$253,884$342,700$424,818$671,808
August$264,666$354,784$456,512$693,782
September$276,905$351,842$491,411$718,331
October$285,986$360,853$482,214-
November$267,359$374,706$475,471-
December$281,461$391,293$531,137-

I cannot get over how good the markets have been. We've been putting a ton in this year, but man... I might have to update my FIRE co-hort at this rate.

facepalm

  • Bristles
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  • Posts: 431
  • Location: California
Re: Race from 500k to 1M!
« Reply #2635 on: August 31, 2021, 02:45:23 PM »
                         2017                2018                2019                2020               2021               2022               
January-318,100359,000465,145556,200-
February-321,800370,750467,380579,100-
March-313,540378,525418,695580,400-
April255,900322,810391,005454,145604,500-
May263,800328,600397,260472,320610,000-
June268,100331,860407,265485,420625,000-
July273,100340,250413,395502,730627,491-
August276,800341,770413,070513,600634,555-
September284,500348,465420,460511,466--
October292,100343,960429,655508,153--
November302,000347,470442,315537,343--
December309,500340,950447,950553,788--
« Last Edit: September 07, 2021, 10:18:30 PM by facepalm »

Dogastrophe

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Re: Race from 500k to 1M!
« Reply #2636 on: August 31, 2021, 03:00:46 PM »
Investments only; Household combined.

                       2019 ($)            2020 ($)            2021 ($)            2022 ($)           
January-496,255674,413-
February-472,573700,728-
March-444,067732,652-
April-495,051762,029-
May-524,063759,955-
June-524,530796,116-
July330,406552,296826,664-
August437,870632,115866,404-
September443,081617,959--
October452,295604,646--
November483,711664,577--
December484,963674,843--

Nick_Miller

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  • Posts: 1658
  • Location: A sprawling estate with one of those cool circular driveways in the front!
Re: Race from 500k to 1M!
« Reply #2637 on: August 31, 2021, 04:07:29 PM »
01-2017   $147,729
04-2017   $140,847
07-2017   $157,768
10-2017   $173,045
01-2018   $190,018
04-2018   $206,732
07-2018   $231,046
10-2018 $252,544
01-2019   $252,481
04-2019   $311,927
07-2019   $326,646
10-2019   $338,088
01-2020   $364,075
04-2020   $347,174
07-2020   $401,514
10-2020   $433,564

01-2021   $487,851
02-2021 $500,780
03-2021   $520,737
04-2021   $536,442
05-2021   $578,346
06-2021   $583,837
07-2021   $591,779
08-2021   $595,730
09-2021   $604,905

A bit more vacation spending was incurred, but that's the last of it until spring. Being up about $170K in a year is crazy, and I don't expect that pace to continue.
« Last Edit: September 03, 2021, 09:09:05 AM by Nick_Miller »

salt cured

  • Bristles
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  • Posts: 374
Re: Race from 500k to 1M!
« Reply #2638 on: August 31, 2021, 04:12:12 PM »
Congrats everyone. I'm targeting $33k more in savings this year. Just gotta get a few thousand in portfolio growth to close out this race.

11/30/19: $496k
12/31/19: $524k
01/31/20: $533k
02/29/20: $507k
03/31/20: $458k
04/30/20: $510k
05/31/20: $542k
06/30/20: $578k
07/31/20: $624k
08/31/20: $664k
09/30/20: $660k
10/31/20: $653k
11/30/20: $720k
12/31/20: $753k
01/31/21: $748k
02/28/21: $772k
03/31/21: $802k
04/30/21: $860k
05/31/21: $878k
06/30/21: $908k
07/31/21: $940k
08/31/21: $965k

SAfAmBrit

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  • Age: 52
Re: Race from 500k to 1M!
« Reply #2639 on: August 31, 2021, 04:47:07 PM »
Net Worth

May2021 -  $1,003,397
June 2021 - $1.013,773
July 2021 - $1,035,193
August 2021 - $1,238,637


Investments :

May 2021 -  $604,599
June 2021 - $616,224
July 2021 - $637,187
August 2021 - $726,863

I got my boost so a very exciting month for me!

bigote2032

  • Stubble
  • **
  • Posts: 125
Re: Race from 500k to 1M!
« Reply #2640 on: August 31, 2021, 06:12:34 PM »
10/31/2020    $599,359.11
11/30/2020    $682,864.07
12/31/2020    $720,288.84
1/31/2021    $737,924.70
2/28/2021    $759,381.39
3/31/2021    $794,882.82
4/30/2021    $842,437.81
5/31/2021    $852,073.79
6/30/2021    $873,053.96
7/31/2021    $895,493.04
8/31/2021    $920,587.71

Made it to the 900s, almost there!

McStache

  • Bristles
  • ***
  • Posts: 346
Re: Race from 500k to 1M!
« Reply #2641 on: August 31, 2021, 06:39:59 PM »
                       2015                2016                2017                2018                2019                2020                2021               
January$52,277$102,029$186,657$306,111$344,771$443,598$581,977
February$57,992$107,201$196,191$301,453$357,526$422,062$608,184
March$61,620$116,502$199,234$306,821$364,397$371,488$626,905
April$68,207$121,028$205,602$312,149$375,876$411,410$659,527
May$73,499$132,630$217,515$319,649$366,887$432,756$670,069
June$73,620$136,350$218,315$325,450$388,214$449,153$689,099
July$77,235$143,420$226,577$332,615$393,565$473,639$703,139
August$77,588$149,032$231,008$341,112$391,468$499,746$724,977
September$77,524$161,672$251,872$343,628$400,870$492,572-
October$86,899$160,725$260,359$329,514$411,683$488,099-
November$94,202$170,428$273,396$336,035$423,504$546,559-
December$101,290$179,734$287,829$317,638$441,666$574,853-


Steeze

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Re: Race from 500k to 1M!
« Reply #2642 on: August 31, 2021, 06:41:34 PM »
12-31-13 ~ (-100k)
12-31-14 ~ (-80k)
12-31-15 ~ (-62k)
12-31-16 ~ (-30k)
12-31-17 ~ 20k
12-31-18 : 117k
12-31-19 : 243k
12-31-20 : 410k
12-31-21 : 615k (Target)

08/31/21 : 565k (+27k)

DW got a raise & bonus - maxed out all tax advantage space

Original Target for 1M - October 2024
Current Target for 1M - September 2023

Race to 1M Spreadsheet
https://docs.google.com/spreadsheets/d/1jLRMTDbemf-JwZA10noQ8RrEf3EzpWC0R58nNypstrM/edit?usp=sharing
« Last Edit: September 30, 2021, 06:59:59 PM by Steeze »

salt cured

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Re: Race from 500k to 1M!
« Reply #2643 on: August 31, 2021, 07:43:37 PM »
Race to 1M Spreadsheet
https://docs.google.com/spreadsheets/d/1jLRMTDbemf-JwZA10noQ8RrEf3EzpWC0R58nNypstrM/edit?usp=sharing

Just curious, why did you set up the speadsheet to track since January and not since $500k? I think it would much more interesting to see and compare full progress.

Whiskers

  • 5 O'Clock Shadow
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  • Posts: 34
Re: Race from 500k to 1M!
« Reply #2644 on: August 31, 2021, 09:59:14 PM »
August 2021 - Just hit $750k in investments… 3/4 of the way to 7 figures!

Joining the ranks of you folks chasing that seven-figure milestone! (To keep my journey consistent, I’m going to be following based on my personal investments / retirement accounts—separate from the wife's—and not counting the home value).

This weekend, April 2021, I hit a major milestone: $700k at 37-years-old.

Looking back at notes from ‘Race from 250 to 500k!’, here’s a brief recap:
*June 2010 - Finish grad school, 26 y/o, $90k+ in debt; new job at $40k/year
*May 2015 - (I think) - First crossed $100k at 31 y/o
*January 2018 - Passed the $250k mark
*April 2019 - Hit $312.5k
*June 2019 - 1/3 of the way to $1M
*February 2020 - Hit $400k
*November 2020 - Eclipsed $500k (and finished the ‘Race from 250 to $500k!’)

UnleashHell

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  • Chapter IV - A New ... er.. something
Re: Race from 500k to 1M!
« Reply #2645 on: September 01, 2021, 12:10:11 AM »


Nov-17 - 300k

May-18  - 375k
July -18 - 400k
Dec-18 - 345K

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


mar-20 nw 374 liquid 455
Jun-20 nw 468 liquid 541
Sep-20 nw 612 liquid 573
Dec-20 nw  737 liquid 679

Jan-21 nw 739 liquid 679
Feb-21 nw 792 liquid 723
Mar-21 nw 848 liquid 761
Apr-21 nw 892 Liquid 800
May-21 nw 914 liquid 816
jun-21 nw 943 liquid 821
Jul-21 nw 969 liquid 822
Aug-21 nw 1,030 liquid 848

got my severance pay. liquid not increasing as fast as net worth as the very last of my non mortgage debt was settled.
Even with that I'm into the 2 comma club so I'm off the the nest thread. All best folks and see you soon!!

Steeze

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Re: Race from 500k to 1M!
« Reply #2646 on: September 01, 2021, 06:05:14 AM »
Race to 1M Spreadsheet
https://docs.google.com/spreadsheets/d/1jLRMTDbemf-JwZA10noQ8RrEf3EzpWC0R58nNypstrM/edit?usp=sharing

Just curious, why did you set up the speadsheet to track since January and not since $500k? I think it would much more interesting to see and compare full progress.

Didn’t make the sheet, but I’m sure it can be edited to do so.

pasadenafr

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  • Age: 49
  • Location: Upper Left Corner, USA
Re: Race from 500k to 1M!
« Reply #2647 on: September 01, 2021, 06:14:04 AM »
Invested assets, long term savings and debts:

12/31/14    $51,962.23
12/31/15    $92,762.33
12/31/16    $163,900.00
12/31/17    $251,415.07
12/31/18    $330,093.64 - new job, nice retention bonus from previous job
12/31/19    $519,878.70 - pension lump sum after leaving old job (rolled into 401k)
12/31/20    $714,958.33

---

01/31/21    $732,701.46
02/28/21    $752,893.42
03/31/21    $768,088.25 - maxed out 401k
04/30/21    $812,226.27
05/31/21    $818,349.97
06/30/21    $845,008.30
07/31/21    $870,706.07 - maxed out Mega Backdoor Roth
08/31/21    $896,241.14 - so clooooose to $900k


I'm up $181k YTD (25%). Just under half of that is my contributions, the rest is the market. I hope to graduate from this thread Q1 or Q2/2022 if the market doesn't crash.
« Last Edit: September 01, 2021, 06:37:18 AM by pasadenafr »

NextTime

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Re: Race from 500k to 1M!
« Reply #2648 on: September 01, 2021, 06:14:27 AM »
Investments only


             2018                2019                2020                2021               
January$198,265$224,401$305,287$424,924
February$204,080$231,997$290,554$453,313
March$204,080$236,710$274,909$471,199
April$206,310$246,138$298,297$489,213
May$207,731$245,062$320,072$492,274
June$209,453$256,868$331,215$493,272
July$218,450$256,076$349,025$503,214
August$224,243 $266,197$367,183$521,697
September$227,037$274,186$360,397
October$214,107$284,427$360,290
November$219,948$295.004$400,264
December$206,667$304,693$419,937


pasadenafr

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  • Age: 49
  • Location: Upper Left Corner, USA
Re: Race from 500k to 1M!
« Reply #2649 on: September 01, 2021, 06:14:57 AM »


Nov-17 - 300k

May-18  - 375k
July -18 - 400k
Dec-18 - 345K

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


mar-20 nw 374 liquid 455
Jun-20 nw 468 liquid 541
Sep-20 nw 612 liquid 573
Dec-20 nw  737 liquid 679

Jan-21 nw 739 liquid 679
Feb-21 nw 792 liquid 723
Mar-21 nw 848 liquid 761
Apr-21 nw 892 Liquid 800
May-21 nw 914 liquid 816
jun-21 nw 943 liquid 821
Jul-21 nw 969 liquid 822
Aug-21 nw 1,030 liquid 848

got my severance pay. liquid not increasing as fast as net worth as the very last of my non mortgage debt was settled.
Even with that I'm into the 2 comma club so I'm off the the nest thread. All best folks and see you soon!!

🥳