Author Topic: Gauntlet: Long Term Net Worth Goals  (Read 275184 times)

oneday

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Re: Gauntlet: Long Term Net Worth Goals
« Reply #600 on: January 01, 2025, 11:06:19 PM »
1998 NW: $2.2K
2008 NW: $38.0K (+$3.6K/yr)
2015: found MMM
2018 NW: $268.2K (+$23.0K/yr)
2019 NW: $344.0K (+$75.8K) - newly divorced
2020 NW: $408.5K (+$64.5K)
2021 NW: $543.4K (+$134.9K) holy cannolis!

From this point, investment balance instead of NW. The difference is the "working" checking/savings accounts and credit cards.

                   Plan              Actual
2021                               $505.3K ($515.3K w/ bonds)
2022            $586.1K      $459.0K ($480.2K w/ bonds)
2023            $673.4K      $657.0K
2024            $767.8K      $864.7K
2025            $868.2K
2026            $977.7K
2027            $1.1M

For some reason, ibonds were excluded in 2021 or 2022. This year the actuals are suddenly much closer to the plan; that's nice to see.
« Last Edit: January 02, 2025, 08:41:31 PM by oneday »

TyGuy

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Re: Gauntlet: Long Term Net Worth Goals
« Reply #601 on: January 02, 2025, 10:07:08 AM »
EOY      GOAL      ACTUAL
 
2022                    87.7K
2023     160K       157.3
2024     225K       250.3
2025     300K
2026     380K
2027     470K
2028     570K
2029     675K
2030     785K
2031     900K
2032     1,025K
2033     1,160k
2034     1,300k
2035     1,450K


Happy to have exceeded my goal this year! A lot changed over this past year, I started a new job, relocated to another state, bought/sold a home, and began new housing projects. I am not planning to update my future goals this year, as there will be huge fluctuations of cash in/out, working on new home projects and outstanding funds coming in. By the end of 2025 I should have a good picture of expenses and savings, allowing me to create a more attainable savings goals. I hope everyone had a great 2024 and cheers to continued savings in 2025!