Author Topic: Retirement accounts hit 900 k today!  (Read 4420 times)

nancy33

  • Stubble
  • **
  • Posts: 218
Retirement accounts hit 900 k today!
« on: November 30, 2017, 09:04:48 PM »
It has been crazy watching our investments grow, just hit 900 k invested in our retirement accounts today! Now, on to a million! Unbelievable. This is the only good place to share :)

brooklynmoney

  • Pencil Stache
  • ****
  • Posts: 707
  • Location: Crooklyn
Re: Retirement accounts hit 900 k today!
« Reply #1 on: November 30, 2017, 09:24:21 PM »
Congrats! It has been a wild ride these last few years.

detroit_johnny

  • 5 O'Clock Shadow
  • *
  • Posts: 14
  • Age: 52
  • Location: Detroit, MI
Re: Retirement accounts hit 900 k today!
« Reply #2 on: November 30, 2017, 09:31:02 PM »
Just the last year has been.  I keep waiting for a day that is more than 1% down, and it rarely happens.  A 2-3% day down is unheard of... not that I'm complaining  :-)

aspiringnomad

  • Pencil Stache
  • ****
  • Posts: 956
Re: Retirement accounts hit 900 k today!
« Reply #3 on: November 30, 2017, 11:23:58 PM »

surfhb

  • Guest
Re: Retirement accounts hit 900 k today!
« Reply #4 on: December 01, 2017, 12:47:12 AM »
Remember our next correction is just around the corner.   Dont get used to being a millionaire too quickly  ;)

PhilB

  • Walrus Stache
  • *******
  • Posts: 5828
Re: Retirement accounts hit 900 k today!
« Reply #5 on: December 01, 2017, 03:12:59 AM »
Congratulations Nancy!  It sounds like you're well into the 'snowballing' phase!

soccerluvof4

  • Walrus Stache
  • *******
  • Posts: 7168
  • Location: Artic Midwest
  • Retired at 50
    • My Journal
Re: Retirement accounts hit 900 k today!
« Reply #6 on: December 01, 2017, 03:51:45 AM »
Congratulations! Its nice to enjoy the ride but yes the next correction is around the corner. When ? who in the hell knows but make sure you re-balance etc.......

Slee_stack

  • Pencil Stache
  • ****
  • Posts: 876
Re: Retirement accounts hit 900 k today!
« Reply #7 on: December 01, 2017, 01:08:24 PM »
Yeah, the year has been silly.  I had a 2017 year end NW goal that I hit back in September.

I consciously deflate my (and our) current NW to stay more grounded.

If a correction never occurs...well great...FIRE that much sooner!

Anyway, gains are gains so congrats!

Gin1984

  • Magnum Stache
  • ******
  • Posts: 4932
Re: Retirement accounts hit 900 k today!
« Reply #8 on: December 01, 2017, 01:41:40 PM »
Congrats!

wenchsenior

  • Magnum Stache
  • ******
  • Posts: 3799
Re: Retirement accounts hit 900 k today!
« Reply #9 on: December 01, 2017, 01:50:19 PM »
Nice!  We've had a great run up this year as well.

Kakashi

  • Stubble
  • **
  • Posts: 146
Re: Retirement accounts hit 900 k today!
« Reply #10 on: December 04, 2017, 12:36:52 AM »
Market correction will occur.  Sooner or later.  It's nice to see a high value.  But also recognize that high value really isn't "real". 

HappierAtHome

  • Walrus Stache
  • *******
  • Posts: 8015
  • Location: Australia
Re: Retirement accounts hit 900 k today!
« Reply #11 on: December 04, 2017, 01:13:13 AM »
Congratulations nancy33!!

rantk81

  • Pencil Stache
  • ****
  • Posts: 906
  • Age: 42
  • Location: Chicago
Re: Retirement accounts hit 900 k today!
« Reply #12 on: December 04, 2017, 06:07:14 AM »
This current stock market run-up has essentially made my portfolio rocket past my FIRE target numbers... However, I won't really feel like I would be comfortable leaving my full-time job until the next major market pullback happens (and if my "numbers" are still high enough afterward...)


fattest_foot

  • Pencil Stache
  • ****
  • Posts: 856
Re: Retirement accounts hit 900 k today!
« Reply #13 on: December 04, 2017, 11:48:15 AM »
This current stock market run-up has essentially made my portfolio rocket past my FIRE target numbers... However, I won't really feel like I would be comfortable leaving my full-time job until the next major market pullback happens (and if my "numbers" are still high enough afterward...)

I posted it in the Top Is In thread I believe, but a 10% "correction" only takes us back to about March/April 2017 from today's numbers.

A major 20% drop takes us back to mid-2016.

zinnie

  • Pencil Stache
  • ****
  • Posts: 710
  • Location: Boston
Re: Retirement accounts hit 900 k today!
« Reply #14 on: December 04, 2017, 11:49:27 AM »
Congrats, OP! The current market runup is crazy.

Retire-Canada

  • Walrus Stache
  • *******
  • Posts: 8810
Re: Retirement accounts hit 900 k today!
« Reply #15 on: December 04, 2017, 12:37:17 PM »
It has been crazy watching our investments grow, just hit 900 k invested in our retirement accounts today! Now, on to a million! Unbelievable. This is the only good place to share :)

Congrats. :)

rantk81

  • Pencil Stache
  • ****
  • Posts: 906
  • Age: 42
  • Location: Chicago
Re: Retirement accounts hit 900 k today!
« Reply #16 on: December 04, 2017, 03:55:35 PM »
This current stock market run-up has essentially made my portfolio rocket past my FIRE target numbers... However, I won't really feel like I would be comfortable leaving my full-time job until the next major market pullback happens (and if my "numbers" are still high enough afterward...)

I posted it in the Top Is In thread I believe, but a 10% "correction" only takes us back to about March/April 2017 from today's numbers.

A major 20% drop takes us back to mid-2016.

I'm not worried about a 20% drop... but am worried about drops near 50%... I've already lived through two of those (tech bubble, housing bubble), in addition to another 20%+ drop in '87 (although I was too young to have any assets invested to be affected by that one.)

 

Wow, a phone plan for fifteen bucks!