Share your net worth progression

Non-investing personal finance issues including insurance, credit, real estate, taxes, employment and legal issues such as trusts and wills.
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jimmmy
Posts: 23
Joined: Sat Dec 29, 2018 11:53 am

Re: Share your net worth progression

Post by jimmmy »

theorist wrote: Sat Jan 01, 2022 11:07 am
jimmmy wrote: Sat Jan 01, 2022 8:53 am
jimmmy wrote: Thu Jun 24, 2021 1:16 pm Net Worth | Gross Earned Income | Total Spend

Age 22 12/17/2010: $7k | $31k | ?
Age 23 12/17/2011: $17k | $34k | ?
Age 24 12/31/2012: $40k | $44k | ?
Age 25 12/31/2013: $39k | $14k | $20k
Age 26 12/31/2014: $52k | $47k | $24k
Age 27 12/31/2015: $51k | $29k | $24k
Age 28 12/31/2016: $40k | $0k | $12k
Age 29 12/31/2017: $48k | $14k | $21k
Age 30 12/31/2018: $62k | $42k | $16k
Age 31 12/31/2019: $105k | $51k | $18k
Age 32 12/31/2020: $165k | $57k | $16k
Age 33 12/31/2021: $235k | $61k | $15k
Rapid progress! How do you keep your spend so incredibly low?
Thanks! Basic housing, cheap/efficient car, do my own cooking, vacations are to visit family or go backpacking and sleep in a tent, or bus trip to Mexico. Entertainment is the library. No kids.
CanaBogle24
Posts: 28
Joined: Sat Jun 27, 2020 7:47 am

Re: Share your net worth progression

Post by CanaBogle24 »

Age 38, spouse 40 – single income, two kids (3 & 5), MCOL

2006 - 0 - finished undergrad
2007 - $10k
2008 - $30k
2009 - $40k
2010 - $55k
2013 - $80k - started grad school
2014 - $20k
2015 - ($40k) - finished grad school, got married
2016 - $50k - started post-grad career, first child born
2017 - $160k
2018 - $290k – second child born
2019 - $612k
2020 - $865k - bought single-family home
2021 - $1.15M
Last edited by CanaBogle24 on Wed Jan 05, 2022 6:24 am, edited 1 time in total.
DrewDogs63
Posts: 32
Joined: Tue Dec 26, 2017 7:19 pm

Re: Share your net worth progression

Post by DrewDogs63 »

DrewDogs63 wrote: Thu Dec 31, 2020 6:37 am We just hit a Milestone when I reviewed our numbers this morning... Depending how the market does, I may end 2020 in the 2 comma club

Married, 2 Children.

2017: 347k - Age 33
2018: 574k
2019: 770k
2020: 1.005M - Age 36

:sharebeer
Update:

2021: 1.317M - Age 37
Last edited by DrewDogs63 on Tue Jan 17, 2023 4:16 am, edited 2 times in total.
Yefuy.Goje
Posts: 67
Joined: Fri Oct 29, 2021 3:29 pm

Re: Share your net worth progression

Post by Yefuy.Goje »

CanaBogle24 wrote: Tue Jan 04, 2022 7:38 pm Age 38, spouse 40 – single income, two kids (3 & 5), MCOL

2006 - 0 - finished undergrad
2007 - $10k
2008 - $30k
2009 - $40k
2010 - $55k
2013 - $80k - started grad school
2014 - $20k
2015 - ($40k) - finished grad school, got married
2016 - $50k - started post-grad career, first child born
2017 - $160k
2018 - $290k – second child born
2019 - $612k
2020 - $865k - bought single-family home
2021 - $1.15M
Phenomenal growth 📈. Congrats 👏 What industry are you in, if you don't mind sharing?
Nebraska_Drought
Posts: 377
Joined: Fri Nov 13, 2020 10:19 am
Location: Lincoln, NE

Re: Share your net worth progression

Post by Nebraska_Drought »

As I updated my financials for the start of the new year, here is where my wife and I are. Me (48) her (45) two kids (20 and 16) gross salaries are $150K combined in a MCOL area. College is 100% covered for both kids (Scholarships) and each has their own Vanguard account too.

2017 (Aug): $966,090
2017 (Dec): $1,025,321
2018 (May): $1,053,427
2019 (Jan): $1,041,162
2019 (July): $1,194,494
2019 (Dec): $1,294,126
2020 (June): $1,336,049
2021 (Jan): $1,523,565
2021 (June): $1,713,290
2022 (Jan): $1,822,184
Last edited by Nebraska_Drought on Wed Jan 05, 2022 10:42 am, edited 1 time in total.
Fortuitous
Posts: 17
Joined: Mon Jan 21, 2019 8:39 pm

Re: Share your net worth progression

Post by Fortuitous »

Nebraska_Drought wrote: Wed Jan 05, 2022 8:58 am As I updated my financials for the start of the new year, here is where my wife and I are. Me (48) her (45) two kids (20 and 16) gross salaries are $150K combined in a MCOL area. College is 100% covered for both kids (Scholarships) and each has their on Vanguard account too.

2017 (Aug): $966,090
2017 (Dec): $1,025,321
2018 (May): $1,053,427
2019 (Jan): $1,041,162
2019 (July): $1,194,494
2019 (Dec): $1,294,126
2020 (June): $1,336,049
2021 (Jan): $1,523,565
2021 (June): $1,713,290
2022 (Jan): $1,822,184

Pretty amazing progress over the last 3 years for you! Encouraging for someone like me since we share some similarities based on income and location.
vrr106
Posts: 354
Joined: Wed Feb 11, 2015 9:27 am

Re: Share your net worth progression

Post by vrr106 »

vrr106 wrote: Tue Feb 09, 2021 2:07 pm Interesting thread, posting my progression (47 yo, married w/ 2 kids):

1997: $0 (started first job after grad school)
2000: $250,000 (dotcom peak, mostly company stock, owed money on BMW and house I didn't need)
2001: $100,000 (dotcom bust)
2004: $150,000 (got married, started new stable job with lower pay, spouse started first job after grad school)
2007: $300,000
2009: $500,000
2011: $750,000
2013: $1M (spouse and I started new job)
2015: $1.5M
2017: $2.5M (restricted stock starts to vest)
2018: $3.5M
2020: $5.5M (market driven + stock vesting)
2021: Spouse is taking a break, income is halved, will see how this progresses
Update
2021: $6M (excluding home and unvested stock, all figures pre-tax)
"It is not necessary to do extraordinary things to get extraordinary results"-Buffet| "Anytime that something is romanticized, you have to really question whether it exists"-Unknown
Ressy
Posts: 8
Joined: Thu Oct 22, 2020 10:31 pm

Re: Share your net worth progression

Post by Ressy »

1.1.2018: 358.8k
1.1.2019: 462.6k
1.1.2020: 558.1k
1.1.2021: 689.2k
1.1.2022: 962.6k
Doohop65
Posts: 125
Joined: Wed Feb 04, 2015 10:54 am

Re: Share your net worth progression

Post by Doohop65 »

This thread got me thinking so I did some digging and realized I haven’t been very good about updating my net worth tracker that I started when we were married. Basically, I started it and never came back so there is a huge gap.

Age 39, Better half 44

2011 Year end- $134,502
2021 Year End- $1,503,274

This does not include home equity or personal assets as those tend to be funny money in my mind. It’s pretty amazing to thinking how far we have come in 10 years. I probably have an unhealthy relationship with money because even though I know we are doing ok I still worry if we have done enough.


I’m not sure I would be here without the help from this amazing group of people. I often think about how lucky I am to have stumbled into this forum at such a young age. Dumb luck I suppose. Either way, thank you to everyone who has helped along the way.

Good luck in 2022 everyone.
CanaBogle24
Posts: 28
Joined: Sat Jun 27, 2020 7:47 am

Re: Share your net worth progression

Post by CanaBogle24 »

Yefuy.Goje wrote: Wed Jan 05, 2022 8:38 am
CanaBogle24 wrote: Tue Jan 04, 2022 7:38 pm Age 38, spouse 40 – single income, two kids (3 & 5), MCOL

2006 - 0 - finished undergrad
2007 - $10k
2008 - $30k
2009 - $40k
2010 - $55k
2013 - $80k - started grad school
2014 - $20k
2015 - ($40k) - finished grad school, got married
2016 - $50k - started post-grad career, first child born
2017 - $160k
2018 - $290k – second child born
2019 - $612k
2020 - $865k - bought single-family home
2021 - $1.15M
Phenomenal growth 📈. Congrats 👏 What industry are you in, if you don't mind sharing?
Thank you. I've been in strategy consulting since business school, hence the 2016 growth inflection point.
SeaToTheBay
Posts: 228
Joined: Thu Jun 08, 2017 6:11 pm

Re: Share your net worth progression

Post by SeaToTheBay »

2006: 47k. Graduated college, bought condo 50/50 with parents (bad timing, good location - still have it and renting out). Had saved all money from birthdays, Christmas, etc. since I was 5, mutual fund since 10, usually $300/mo from HS/college side jobs into a Roth IRA. My parents set me up well with regards to a saving mindset! :)
2007: 81k (age 23, first full year of employment, four-figure college debt due to parents' help, working during college, and low in-state tuition)
2008: 89k (saved 39k and lost 40k in investments... like pouring water into a strainer :x )
2009: 109k
2010: 164k
2011: 157k (started full-time MBA)
2012: 72k
mid-2013: 56k (graduated MBA along with now-wife, started work again, 110k in student loans :| )
2013: 95k
2014: 161k
2015: 270k single / 432k married :D
2016: 657k married (bought townhouse in HCOL area)
2017: 1,125k finished paying off student loans
2018: 1,434k
2019: 1,818k
2020: 2,190k 3.1 yrs to go from $1M >> $2M
2021: 3,102k 1 yr and 1 day to go from $2M >> $3M

Good luck to all in 2022!
kinless
Posts: 146
Joined: Sat May 15, 2010 11:54 pm
Location: Tustin, CA

Re: Share your net worth progression

Post by kinless »

kinless wrote: Thu Dec 31, 2020 6:00 pm
Ending Date | Total Net Worth | % [ Stocks / Bonds / Cash / Real Estate / Other ] | Notes & Milestones
--------------------------------------------------------------------------------------
12/31/2002 | $7,288 | [13/0/87/0/0] | Started full-time job as web developer
12/31/2003 | $17,625 | [14/0/86/0/0] | Opened Profit Sharing 401k
12/31/2004 | $35,190 | [16/0/84/0/0] | Bought brand new car ($25k)
12/31/2005 | $61,034 | [23/0/71/0/6] | Took month-long road trip through the US ($4k)
12/31/2006 | $88,071 | [25/0/66/0/9] |
12/31/2007 | $126,876 | [23/0/68/0/9] | Started $100k ULI policy w/ cash accrual, car loan paid off
12/31/2008 | $137,886 | [16/0/76/0/8] | Computer workstation purchase ($3k)
12/31/2009 | $181,165 | [19/0/77/0/4] |
12/31/2010 | $224,200 | [19/0/24/49/8] | New job (no more 401k), purchased first home ($425k)
12/31/2011 | $205,377 | [21/0/16/49/14] |
12/31/2012 | $215,745 | [25/0/21/41/13] |
12/31/2013 | $299,946 | [17/0/21/49/13] |
12/31/2014 | $394,667 | [21/0/16/55/8] |
12/31/2015 | $432,966 | [20/0/15/59/6] |
12/31/2016 | $479,494 | [21/0/17/57/5] |
12/31/2017 | $545,889 | [23/0/17/55/5] |
12/31/2018 | $626,100 | [21/0/20/55/4] | Opened HSA, moved Roth to Fidelity, converted dormant 401k to SEP
12/31/2019 | $686,851 | [25/1/18/52/4] | Opened Fidelity brokerage
12/31/2020 | $784,341 | [22/1/16/58/3] | Purchased rental home in AZ ($350k)
12/31/2021 | $988,931 | [26/1/11/59/3]
--------------------------------------------------------------------------------------
12/31/2022 | $1,080,005 | [26/1/11/64/3]

So close to 1MM I can smell it...
Last edited by kinless on Sat Dec 31, 2022 2:46 am, edited 2 times in total.
GettingCloser
Posts: 97
Joined: Thu Dec 19, 2019 5:28 pm

Re: Share your net worth progression

Post by GettingCloser »

Yefuy.Goje wrote: Mon Jan 03, 2022 5:09 am
GettingCloser wrote: Mon Jan 03, 2022 1:31 am
GettingCloser wrote: Sat Jan 02, 2021 11:53 pm Year-end numbers start in 2012 (oldest data point is $567k in 4/2007)
2012: $1108k, age 47
2013: $1295k
2014: $1423k
2015: $1547k
2016: $1676k
2017: $1821k
2018: $1941k
2019: $2526k
2020: $2844k, age 55
2021: $3297k, age 56
Congrats on moving from $2m to $3m so fast!! only 3 years. That is awesome!!

Just curious about 30% growth in 2019 vs 15% growth in 2021. Did you change your asset allocation?
Thanks. 2019 was an anomaly — DW got a full time job with signing bonus, and I had several years of RSUs/ESPP vest all at once (I don’t include unvested stock in net worth calculations). We used the surplus to finish paying off our house, which has allowed us to substantially increase our savings rate.

- GettingCloser (to retirement)
angelescrest
Posts: 1730
Joined: Tue May 27, 2008 10:48 am
Location: West Coast

Re: Share your net worth progression

Post by angelescrest »

luminous wrote: Sun Jan 02, 2022 7:15 pm
luminous wrote: Fri Jan 01, 2021 12:09 am
luminous wrote: Sat Nov 30, 2019 5:10 pm
luminous wrote: Mon Dec 31, 2018 10:35 pm
luminous wrote: Sun Dec 31, 2017 12:58 am I'm in my early 40s, non-working spouse is younger. Single income household with two kids. We have always been renters, so these net worth numbers are all financial assets without home equity.

2007 - $73,389 (got married)
2008 - $124,013
2009 - $211,585 (child 1 born, became a one income family)
2010 - $264,388
2011 - $319,116
2012 - $413,446 (child 2 born)
2013 - $572,428
2014 - $637,628
2015 - $659,731
2016 - $812,277
2017 - $1,004,336

2018 - with both kids now in school maybe spouse will go back to work? time will tell.
2018 - $1,039,441 (better paying job)

Spouse did work some, but primarily stayed home still. I got a much better paying job, and invested the entire raise.
2019 - $2,039,003 (IPO)

The startup I work for had its IPO and we sold then reinvested all of the proceeds. Spouse primarily stayed home with the kids and didn't earn much. We are still renters. We use the 3-fund portfolio, 50/20/30 US stock/international stock/bonds.
2020 - $2,892,773

Tech RSUs kept vesting. Spouse stayed home with the kids which allowed me to focus on work since he was supervising them doing remote schooling. We are still renters. We still use the 3-fund portfolio, 50/20/30 US stock/international stock/bonds.
2021 - $4,313,264

Tech RSUs had a great year. Spouse started work again in the fall when the kids went back to in person school. We are still renters. We still use the 3-fund portfolio, 50/20/30 US stock/international stock/bonds. The plan is for me to take at least a year off (really this is a full retirement test) while he works. His pay doesn't cover our living expenses so we'd supplement with a portfolio withdrawal rate under 1%.
Love your story, and hearing about stay at home dad. Congrats on the IPO. With your turn to take a break, will you make an AA change to protect your portfolio, or will you keep it at 70/30?
jsapiandante
Posts: 300
Joined: Thu Jul 30, 2015 5:58 pm

Re: Share your net worth progression

Post by jsapiandante »

jsapiandante wrote: Wed Oct 14, 2020 6:33 pm Age 38/36

These are my rough estimates. Didn't start tracking specifically until 2015 or so. Graduated in 2008 with $120k in student loans.

2008 -$90k (had 30k in savings/cash, moved back in with my parents, opened my practice)
2009 -$60k (bought my first new car - mistake, paid 30k but currently still driving to this day)
2011 0 (met my girlfriend/wife, paid off student loans, moved out of my parents, finally got partying/spending out of my system, had zero
knowledge about investing)
2012 +$30k (moved in with girlfriend/wife, had to support her while she quit her job to get pharm D license)
2013 +$40k (opened Roth, found Bogleheads, got engaged, wife/girlfriend became pharmacist)
2014 +$60k (opened simple IRA)
2015 +$186k (got married, combined finances, spent 30k on wedding, bought house for 730k with 110k down payment, opened taxable account)
2016 +$383k
2017 $545k (had son, bought new Subaru Forester for $22.5k)
2018 +$647k
2019 +$832k
2020 +$1058k (refinanced, current cash/investable assets at $780k, house appraised between $840-900k, mortgage balance is $560k)

I didn't really celebrate the two comma milestone because we will most likely stay in our home forever. I'll celebrate when my cash/investable assets get there.
2021 +1,700k as of 12/31/21

Refinanced again to 2.375% 30 year in January 2021. House now appraised at >1 mil, cash/investable assets at 1,200k. We reached Lean FI but will continue working until we reach enough to maintain current lifestyle. My wife went part time in 2021 with the hopes it would be permanent but was forced to go back to full time in 2022. Hopefully it’s short term. Even though we went to part time, we were able to invest over 6 figures thanks to lower spending, a nice bonus and a good year for my side gig.
okayplayer
Posts: 17
Joined: Sat Feb 24, 2018 6:26 pm

Re: Share your net worth progression

Post by okayplayer »

Year | Age | Net Worth
----------------------
12/2014 | 30 | -$638,000
12/2015 | 31 | -$382,000
12/2016 | 32 | -$178,000
12/2017 | 33 | $111,000
12/2018 | 34 | $452,000
12/2019 | 35 | $824,000
12/2020 | 36 | $1,299,000
12/2021 | 37 | $1,951,000

Same thing I said a year ago, but it’s more fun to post these updates when the market has been on fire.
WorkToLive
Posts: 729
Joined: Thu Nov 12, 2009 1:19 pm

Re: Share your net worth progression

Post by WorkToLive »

Updated for 2022 and 2023. Ages 49/49. College fund around $380k and kiddo heading somewhere in the fall (four early action admits and one deferral so far).
WorkToLive wrote: Sun Jan 02, 2022 7:40 pm Started my first job out of college in 1997. Started off with money leftover from college fund my grandparents funded. I went to a state college and graduated quickly. Full tuition scholarship for grad school. Currently ages 47/47. Spouse quit job last year and is now working part-time in a low-stress position. Numbers below do not account for home equity, which is about $700k, or college savings, which is $260k set aside in 529.

Year Net Worth % Change
1997 356,287.66
1998 539,784.89 52%
1999 784,627.04 45%
2000 739,986.16 -6%
2001 711,787.28 -4%
2002 636,930.95 -11%
2003 1,139,199.50 79%
2004 1,291,329.39 13%
2005 1,423,341.22 10%
2006 1,795,357.28 26%
2007 1,979,565.57 10%
2008 634,913.01 -68%
2009 846,575.70 33%
2010 1,084,009.57 28%
2011 1,198,760.43 11%
2012 1,518,082.65 27%
2013 1,973,249.32 30%
2014 2,210,700.01 12%
2015 2,227,326.52 1%
2016 2,464,882.13 11%
2017 2,999,118.21 22%
2018 2,966,863.19 -1%
2019 3,927,713.26 32%
2020 4,660,007.31 19%
2021 5,847,088.49 25%
2022 5,153,329.16 -12%
2023 6,291,844.38 22%
Last edited by WorkToLive on Sat Jan 27, 2024 3:21 pm, edited 1 time in total.
ucibob1
Posts: 7
Joined: Tue Jan 29, 2019 5:14 pm

Re: Share your net worth progression

Post by ucibob1 »

Married - 42/42
Two Kids - 9/6
HCOL Area

All Index funds
No individual stocks/crypto/RE syndications/Investment RE
1 Wife/1 House/1 car each – running our tortoise race to F.I.R.E.(hopefully by Age 50)

As of 12.31
YR -NW - % NW Change

2013 - 500K - N/A - Age 34
2014 - 707K - 41%
2015 - 856K - 21%
2016 - 1.02K - 19%
2017 - 1.36K - 33%
2018 - 1.54K - 13%
2019 - 1.92K - 25%
2020 - 2.46K - 28%
2021 - 3.27K - 33% - Age 42 (61% Invested – 31% Home Equity – 8% 529)

Wishing fellow Bogleheads a healthy and successful 2022!
WhiteMaxima
Posts: 3339
Joined: Thu May 19, 2016 5:04 pm

Re: Share your net worth progression

Post by WhiteMaxima »

1990 .
2000 , .
2010 , , .
2020 , , , .
2030 ? ? ?
User avatar
crinkles2
Posts: 244
Joined: Fri Nov 28, 2014 7:18 pm

Re: Share your net worth progression

Post by crinkles2 »

Wow, I feel so behind the curve and frankly stupid compared to this thread.
Osterix
Posts: 97
Joined: Sat Mar 03, 2018 7:55 am

Re: Share your net worth progression

Post by Osterix »

okayplayer wrote: Fri Jan 07, 2022 11:56 am Year | Age | Net Worth
----------------------
12/2014 | 30 | -$638,000
12/2015 | 31 | -$382,000
12/2016 | 32 | -$178,000
12/2017 | 33 | $111,000
12/2018 | 34 | $452,000
12/2019 | 35 | $824,000
12/2020 | 36 | $1,299,000
12/2021 | 37 | $1,951,000

Same thing I said a year ago, but it’s more fun to post these updates when the market has been on fire.
I am curious which field in medicine you are in. That is a massively negative net worth at age 30 for medical school loans. Unlikely to be a procedural based field to finish training at 30. But to have such a meteoric rise in net worth in 7 years, you would need to be in a highly compensated field …. Or to have crushed it with Tesla, bitcoin or something else…. This feels like playing Clue!

Obviously I’m making lots of assumptions!
bluebolt
Posts: 2137
Joined: Sat Jan 14, 2017 8:01 am

Re: Share your net worth progression

Post by bluebolt »

Osterix wrote: Sun Jan 09, 2022 5:19 am
okayplayer wrote: Fri Jan 07, 2022 11:56 am Year | Age | Net Worth
----------------------
12/2014 | 30 | -$638,000
12/2015 | 31 | -$382,000
12/2016 | 32 | -$178,000
12/2017 | 33 | $111,000
12/2018 | 34 | $452,000
12/2019 | 35 | $824,000
12/2020 | 36 | $1,299,000
12/2021 | 37 | $1,951,000

Same thing I said a year ago, but it’s more fun to post these updates when the market has been on fire.
I am curious which field in medicine you are in. That is a massively negative net worth at age 30 for medical school loans. Unlikely to be a procedural based field to finish training at 30. But to have such a meteoric rise in net worth in 7 years, you would need to be in a highly compensated field …. Or to have crushed it with Tesla, bitcoin or something else…. This feels like playing Clue!

Obviously I’m making lots of assumptions!
Could have taken a gap year, could have done a residency then fellowship, could have loans from more than one person, could be combined with undergrad loans, etc.
okayplayer
Posts: 17
Joined: Sat Feb 24, 2018 6:26 pm

Re: Share your net worth progression

Post by okayplayer »

Osterix wrote: Sun Jan 09, 2022 5:19 am
okayplayer wrote: Fri Jan 07, 2022 11:56 am Year | Age | Net Worth
----------------------
12/2014 | 30 | -$638,000
12/2015 | 31 | -$382,000
12/2016 | 32 | -$178,000
12/2017 | 33 | $111,000
12/2018 | 34 | $452,000
12/2019 | 35 | $824,000
12/2020 | 36 | $1,299,000
12/2021 | 37 | $1,951,000

Same thing I said a year ago, but it’s more fun to post these updates when the market has been on fire.
I am curious which field in medicine you are in. That is a massively negative net worth at age 30 for medical school loans. Unlikely to be a procedural based field to finish training at 30. But to have such a meteoric rise in net worth in 7 years, you would need to be in a highly compensated field …. Or to have crushed it with Tesla, bitcoin or something else…. This feels like playing Clue!

Obviously I’m making lots of assumptions!
2 physician couple so double the debt (and double the income). Cuts both ways!
tryingtogetahead
Posts: 153
Joined: Tue Apr 07, 2020 11:45 am

Re: Share your net worth progression

Post by tryingtogetahead »

tryingtogetahead wrote: Tue Apr 13, 2021 12:32 am
tryingtogetahead wrote: Sat Jul 25, 2020 8:23 am
ymmt wrote: Sat Jul 25, 2020 8:13 am
azianbob wrote: Sat Jul 25, 2020 12:22 am
tryingtogetahead wrote: Sun Jun 28, 2020 7:21 am Age: 37, DW 36, no children yet

August 2007: ($75k) (graduated from school with $150k of student loan debt (included in this NW figure) and $72k starting salary)
2008: ($58k) (salary increased to $160k; bought condo for $500k)
2009: $0
2010: $182k
2011: $238k
2012: $381k (salary increased to $250k; married DW)
2013: $660k (sold condo and bought SF home for $700k)
2014: $900k
2015: $1mm (foolishly bought luxury car for $83k)
2016: $1.3mm (bought $800k rental property)
2017: $1.7mm
2018: $2.1mm (bought $350k rental property)
2019: $2.5mm
June 2020: $3mm (household income $520k and expenses $60k)

On target to reach approximately $4.4mm by age 40, $8.5mm by age 45, $14mm by age 50, and $24mm by age 55, assuming 4% annual salary increases, 7% annual stock market returns, and 2% annual RE returns.

We do not have any financial targets per se. We just plan to keep going and see how high we can go. We are considering inflating our lifestyle with a $2mm home and $65k car but still unclear at this point if we will pull the trigger.
How were you able to go from a 72k salary to 160k after one year of experience? Then jump to 250k in 4 years? Is it your industry or did you change careers?

I feel you are doing great (very few people can say they have $3m at age 37), but when you consider you have net income of $480k a year, it feels like you should have more haha.
I'm around the same age/progress at the poster above, but have multiples higher expenses because of children and a home in a VHCOL area. I can't even imagine getting by on only $5k a month, my mortgage alone is beyond that.

Looks like the poster went to graduate school, so the salary progression can balloon quite aggressively. To your point on why he doesn't have more, it takes a while to get to the higher income level and build net worth. The growth the past 2 years seems pretty consistent with the household income.

To tryingtogetahead: You're doing great. Some things that may be helpful:
- don't overextend to a more lavish lifestyle if you don't need to. Owning a more expensive house comes with a LOT of other expenses, some I anticipated and others I did not.
- Kid's a stupid expensive, especially in HCOL areas. My daycare costs are more than most peoples' mortgage payments. It sounds like your and your wife are very career oriented people, but also know this: having kids late is not easy either; if you really want them, you should probably be ahead of the curve and try early.
Ymmt — You hit the nail on the head. The reason why my first year income out of school was lower was b/c I participated in a special one-year program that was prestigious in my field but paid lower. After that, my income just steadily rose as part of a planned / set comp program. My household income then rose again when marrying. You say you’re at the same age and progress but have higher expenses? How were you able to get to $3mm at my age with much higher expenses? Was it higher income? I do enjoy life and travel, etc but I have had to be pretty disciplined even with a solid income and have consistently paid down debt and invested to get where I am now. Just curious to get your feedback.
9 months later and my NW has increased from 3mm to 4.35mm. What a great year for the market and I was far from aggressive.
9 months later and I am now at $5.25mm. What an amazing run with this market. I have been far from aggressive and am up from $3mm in 18 months. All I did was keep saving and investing all the money in the market. 70% or so S&P and the rest in some individual stocks.
bigguy8437
Posts: 404
Joined: Tue May 26, 2015 12:02 am

Re: Share your net worth progression

Post by bigguy8437 »

23: $235K
24: $290K
25: :$388K
26: $424K
27: $569K
28: $725K
29: $951K

Have been 100% VTSAX
User avatar
luminous
Posts: 532
Joined: Sat Dec 30, 2017 9:28 pm

Re: Share your net worth progression

Post by luminous »

angelescrest wrote: Fri Jan 07, 2022 9:33 am Love your story, and hearing about stay at home dad. Congrats on the IPO. With your turn to take a break, will you make an AA change to protect your portfolio, or will you keep it at 70/30?
Thank you. We're going to stay 70:30. That gives us 10 years of spending in bonds which feels conservative enough. With the spouse working we won't be pulling all of our spending from these savings for a long time.
67/12/21 US stock/international stock/bonds. Bonds capped at 10x annual spending. Semi-retired as of 2022.
ChiKid24
Posts: 569
Joined: Fri Aug 09, 2019 3:43 pm

Re: Share your net worth progression

Post by ChiKid24 »

Got around to calculating 2021 numbers. Thank you Mr. Market!

Progression:
2007 - Age 30: $223K
2008 - Age 31: $410K (the highest year of medicare taxed earnings I've ever had)
2009 - Age 32: $487K
2010 - Age 33: $730K
2011 - Age 34: $650K
2012 - Age 35: $715K
2013 - Age 36: $1.1M (hit $1M 14 years after first post-college job)
2014 - Age 37: $1.3M
2015 - Age 38: $1.5M
2016 - Age 39: $1.9M
2017 - Age 40: $2.2M (hit $2M less than 4 years later...largely due to house appreciation, sold in 2018)
2018 - Age 41: $2.0M (never dipper below $2M, but it was close)
2019 - Age 42: $2.3M
2020 - Age 43: $2.98M
2021 - Age 44: $3.8M ($3.0M invested)
Dmslax45
Posts: 63
Joined: Sat Mar 28, 2020 10:21 am

Re: Share your net worth progression

Post by Dmslax45 »

I only started keeping track of NW once I became “worthless” 4 years out of college.

2016 (26): $562
2017 (27): $25k
2018 (28): did not calculate
2019 (29): $167k
2020 (30): $260k
2021 (31): $441k
finfire
Posts: 322
Joined: Tue Aug 14, 2018 1:52 pm

Re: Share your net worth progression

Post by finfire »

2010: 65K
2013: 288K
2014: 457k
2015: 490k
2016: 590k
2017: 434k
2018: 467k
2019: 747k
2020: 779k
2021:1,090K

Onwards and upwards, I hope...
Bluebill
Posts: 9
Joined: Wed Sep 29, 2021 5:42 pm

Re: Share your net worth progression

Post by Bluebill »

1/2022 - $1M - Age 44 (reached my first one today!)
masonstone
Posts: 659
Joined: Thu Feb 01, 2018 3:01 pm

Re: Share your net worth progression

Post by masonstone »

Bluebill wrote: Sat Jan 15, 2022 2:03 pm 1/2022 - $1M - Age 44 (reached my first one today!)
Congratulations! First one is the hardest :)
checkcheck
Posts: 22
Joined: Fri Jan 14, 2022 6:33 pm

Re: Share your net worth progression

Post by checkcheck »

2009 (22): -$125k (student loans)
2014 (27): $0 (student loans paid)
2017 (30): $750k
2019 (32): $1.2m
2020 (33): $2.0m
2021 (34): ~$3.0m
yosemite_mountain
Posts: 435
Joined: Tue Oct 02, 2018 8:44 pm

Re: Share your net worth progression

Post by yosemite_mountain »

checkcheck wrote: Sat Jan 15, 2022 2:33 pm 2009 (22): -$125k (student loans)
2014 (27): $0 (student loans paid)
2017 (30): $750k
2019 (32): $1.2m
2020 (33): $2.0m
2021 (34): ~$3.0m

Congrats! What are you invested in? How much are your annual contributions?
checkcheck
Posts: 22
Joined: Fri Jan 14, 2022 6:33 pm

Re: Share your net worth progression

Post by checkcheck »

yosemite_mountain wrote: Sat Jan 15, 2022 5:01 pm
checkcheck wrote: Sat Jan 15, 2022 2:33 pm 2009 (22): -$125k (student loans)
2014 (27): $0 (student loans paid)
2017 (30): $750k
2019 (32): $1.2m
2020 (33): $2.0m
2021 (34): ~$3.0m

Congrats! What are you invested in? How much are your annual contributions?
Thanks. Pretty standard stuff. I only recently found BH and started to allocate to VTSAX. Before that, taxable was in Wealthfront. Rest is some home appreciation, 401k, ~5% crypto, and incomes increasing pretty steadily since 2017
outbackcountry
Posts: 43
Joined: Sat Dec 03, 2016 5:26 pm
Location: AZ

Re: Share your net worth progression

Post by outbackcountry »

I only started tracking two years ago but did create the historical data since 2012.
2012: 127k
2013: 209k
2014: 237k
2015: 327k
2016: 524k
2017: 585k
2018: 595k
2019: 815k
2020: 1.05m
2021: 1.6m
mbasherp
Posts: 735
Joined: Mon Jun 26, 2017 8:48 am

Re: Share your net worth progression

Post by mbasherp »

mbasherp wrote: Sat Jan 02, 2021 12:46 pm 36/37, current combined gross income ~$121k in MCOL. Income has varied between us but ended up consistent $115k-125k combined. Our 20's were mostly unproductive in a financial sense.

Year end:
2013- (23k)
2014- 7k
2015- 51k
2016- 110k (first home)
2017- 199k (paid off student loans, great market and RE returns)
2018- 336k (95k inheritance during a poor market year)
2019- 435k (feels like we settled into a pace)
2020- 567k
2021- 764k (had a baby)

Income was all over the place during the year but came in at $132k gross. Despite high expenses, pandemic disruptions and job changes, we still managed to invest 33% of that, which is our goal. We are hoping to hit 1 million by 40, a year ahead of last estimate.
jxlegend
Posts: 12
Joined: Fri Jan 03, 2020 7:01 pm

Re: Share your net worth progression

Post by jxlegend »

jxlegend wrote: Sat Dec 11, 2021 12:21 pm
jxlegend wrote: Wed Jun 23, 2021 10:10 am
jxlegend wrote: Sun Jan 05, 2020 11:08 am Hello! First post on this wonderful board. First year medical student. Dad paid for undergrad, I'm on my own for med school.

Net worth:

1/5/20: ~-45k

Some reflections: I took 2 years between undergrad and med school to, frankly, strengthen my application with some additional classes and work as a research assistant/get published. This is the less expensive option haha. My undergrad was/is prestigious, so all of my friends in CS, even those with <3.0 GPAs, are at 200+ total comp, so I'm a little jealous seeing them living great lives. My goal in the boglehead mentality is the catch up sometime in the next 30 years.
6/21: ~50k

Leveraged up on loans during the bottom, put it in copper, made quite a bit back. I know it's risky, and antithetical to boglehead mentality, but I'm young and even if I lose this money now, I'll have a long time to make it back.
12/21: ~120-150k, depending on day. Was a good day for me.
1/20= -45k
1/21= 200k

Leveraged and put all my money into a single stock, which explains the gains. I know it's risky, but I'm young, and even if the stock tanks (I have conviction in my analysis), I'll make it back later.
OatmealAddict
Posts: 1198
Joined: Fri Sep 27, 2013 4:03 pm

Re: Share your net worth progression

Post by OatmealAddict »

2021 was huge for us - nice market gains AND wife's student loans finally forgiven.

2013: -$84,860.00
2014: $27,000.00
2015: $139,818.00
2016: $233,217.00
2017: $358,344.00
2018: $465,116.00
2019: $639,736.00
2020: $887,430.00
2021: $1,293,447.00
JS-Elcano
Posts: 996
Joined: Wed Jun 10, 2020 7:29 pm

Re: Share your net worth progression

Post by JS-Elcano »

JS-Elcano wrote: Thu Feb 04, 2021 10:15 pm I went -$500 into debt for a plane ticket when I came here for a job offer in 1999.
Maybe I'll cross the two comma threshold this year. Or maybe next year. Or the year thereafter. :happy

1999 -$500
2000 $2,000
2001 $4,000
2002 $7,100
2003 $21,200
2004 $33,100
2005 $29,900
2006 $52,900
2007 $75,700
2008 $93,800
2009 $53,400
2010 $39,500
2011 $73,900
2012 $119,300
2013 $191,000
2014 $247,100
2015 $283,100
2016 $347,800
2017 $426,200
2018 $485,400
2019 $655,700
2020 $827,700
YTD $864,100

Maybe this is encouragement for those who get there 'slow & steady' :beer
Update:
2021 $1,122,000
mbasherp
Posts: 735
Joined: Mon Jun 26, 2017 8:48 am

Re: Share your net worth progression

Post by mbasherp »

JS-Elcano wrote: Mon Jan 17, 2022 11:26 am
JS-Elcano wrote: Thu Feb 04, 2021 10:15 pm I went -$500 into debt for a plane ticket when I came here for a job offer in 1999.
Maybe I'll cross the two comma threshold this year. Or maybe next year. Or the year thereafter. :happy

1999 -$500
2000 $2,000
2001 $4,000
2002 $7,100
2003 $21,200
2004 $33,100
2005 $29,900
2006 $52,900
2007 $75,700
2008 $93,800
2009 $53,400
2010 $39,500
2011 $73,900
2012 $119,300
2013 $191,000
2014 $247,100
2015 $283,100
2016 $347,800
2017 $426,200
2018 $485,400
2019 $655,700
2020 $827,700
YTD $864,100

Maybe this is encouragement for those who get there 'slow & steady' :beer
Update:
2021 $1,122,000
Congratulations! That is a hard earned victory! Thanks for sharing 20+ years of what the journey was.
irr
Posts: 95
Joined: Thu Aug 19, 2021 10:01 am
Location: Carolinas

Re: Share your net worth progression

Post by irr »

Love reading these and congrats to everyone in here.

2014: 20k
2015: 50k
2016: 100k
2017: 80k
2018: 174k
2019: 1.1m
2020: 1.8m
2021: 2.8m
Real estate, where even the most mediocre can become wealthy.
kurious
Posts: 150
Joined: Sun Nov 06, 2016 11:39 pm

Re: Share your net worth progression

Post by kurious »

I draw inspiration from the journeys mentioned here. Here's mine with some additional inputs in hopes it has similar impact on others:

2013 - 0 | came for graduate school with only human capital. all savings consumed by the process
2014 Jan - -20k | Fiance came for graduate school
2015 Jan - -20k | Scraped by on a stipend
2016 Jan - -40k | Education loan and credit card debt, about to graduate
2016 May - Discovered Bogleheads
2017 Jan - -20k | Graduated, knocked off some debt, and contributed to wedding funds
2017 May - 0 | Celebrated and then DW lost her job
2018 Jan - -20k | DINK situation. In debt again as we bought a budget apartment. DW found a job
2019 Jan - 175k | Continued to live like grad students. Paid off the apartment. DW lost her job again at the end of the previous year
2020 Jan - 272k | Single income
2021 Jan - 413k | Single income
2022 Jan - 604k | DW found a job. Loosened the purse strings to live our lives a bit more

Some lessons that we learned along the way:

- The initial phase is the hardest but if one builds momentum early on, it tends to persist. Sacrifices are needed at this stage if people aren't high earners. We are not high earners.

- It is critical to march forward despite setbacks. We'd probably be at or near 1M today had DW not lost her job twice. Or we'd be back to 0 if I had lost mine as well. It didn't feel like it then, fortunes do eventually turn if one is persistent.

- Bogleheads principles work, one just needs to stick to them through thick and thin.

Good luck with your voyage.
SuperTrooper87
Posts: 241
Joined: Tue Jan 26, 2021 5:42 am

Re: Share your net worth progression

Post by SuperTrooper87 »

irr wrote: Mon Jan 17, 2022 7:04 pm Love reading these and congrats to everyone in here.

2014: 20k
2015: 50k
2016: 100k
2017: 80k
2018: 174k
2019: 1.1m
2020: 1.8m
2021: 2.8m
Wow. 2018-2019 - windfall or hit something big?
irr
Posts: 95
Joined: Thu Aug 19, 2021 10:01 am
Location: Carolinas

Re: Share your net worth progression

Post by irr »

SuperTrooper87 wrote: Tue Jan 18, 2022 5:19 am
irr wrote: Mon Jan 17, 2022 7:04 pm Love reading these and congrats to everyone in here.

2014: 20k
2015: 50k
2016: 100k
2017: 80k
2018: 174k
2019: 1.1m
2020: 1.8m
2021: 2.8m
Wow. 2018-2019 - windfall or hit something big?
Got into real estate full time in 2018 and started flipping houses and buying rentals at 50 cents on the dollar with leverage. Kept repeating what worked. Meanwhile the market (housing and stocks) has had unusually high appreciation the past few years which helps, especially with leverage.

Example property:
- Bought in 2019 for $70k with existing rents of $1k/mo and worth $120k at the time. I had ~$50k cash outlay between down payment and renovations but still had solid equity.
-That same property appraised for $250k and is rented at $2k/mo.
- So my original $50k became $200k+ in equity tax free as I haven't sold.
- In the process of refinancing this one now. I expect to get ~$140k tax free which I can redeploy into additional units.

After a while, it begins to snowball as I'm sure many of you have experienced. Leverage just accelerates it for better or worse.
Real estate, where even the most mediocre can become wealthy.
GuayaquilEcu
Posts: 72
Joined: Thu Oct 18, 2018 9:02 am
Location: Olympia WA & Wintering FL

Re: Share your net worth progression

Post by GuayaquilEcu »

Current Age 37 Yr Married no kids Single earner.

Numbers before year 2014 ( before 2010 - 2015 I was making 90K- 130K as a Jr/mid level software developer )

2008 1K Graduated M Engr
2009 5K
2010 10K
2011 20K
2012 30K
2013 40K
2014 50K Got Married
2015 60K Bought First Home in WA
2016 200K Started Working on my own Solo Prop Software Consulting
2017 350K
2018 480K Moved to TX
2019 710K
2020 1.05M
2021 1.4M Moved back to WA and also renting in FL.

90% of the networth gains are from annual savings and (VTSAX, VTIAX and similar funds) , firm believer in Real Estate is a money pit ;-) as we tend to move a lot.
User avatar
18_bank_accounts
Posts: 42
Joined: Fri Jun 02, 2017 11:37 am

Re: Share your net worth progression

Post by 18_bank_accounts »

18_bank_accounts wrote: Sun Jan 03, 2021 3:47 pm
18_bank_accounts wrote: Tue Dec 31, 2019 10:53 pm 2008 $54,000 age 27
2009 $76,000
2010 $140,000
2011 $192,000
2012 $233,000
2013 $405,000 start up options
2014 $608,000
2015 $641,000
2016 $875,039
2017 $1,029,021 small inheritance
2018 $1,559,767
2019 $1,584,345
2020 $2,343,907 age 39, mostly stock and home appreciation
2021 $2,914,597 age 40, investment growth, plus saved 30% of my gross salary this year
2022 $3,769,837 age 41, investment growth, and property appreciation
freedomlover
Posts: 6
Joined: Wed Dec 16, 2020 11:52 am

Re: Share your net worth progression

Post by freedomlover »

I would like to offer a different net worth progression! Much more average/below average. ;) We did not have good jobs out of college, average wage earners, lots of debt, chose to have wife home to raise children so very little savings for many years. We have also tithed 10% of our gross income all of these years.

2002: $51,754 (ages 29,33)
2003: $72,037
2004: $100,252 (son is born, wife is SAHM, so we are now single income, $60-70k/year)
2005: $118,821 (purchase larger home, mortgage is $197k)
2006: $143,913 (son is born)
2007: $166,315
2008: no data
2009: no data
2010: $185,835
2011: $216,412
2012: $280,773 (wife takes on p/t job $2k/mo)
2013: $310,719
2014: $367,040
2015: $399,160 (only debt is mortgage, $136k)
2016: $481,809 (wife's income increases substantially, we are now saving $40k/year for retirement)
2017: $553,422 (finish basement for $40k, paid in cash)
2018: $612,029
2019: $758,479
2020: $1,024,265
2021: $1,245,531 (ages 48, 53 -- 20% home equity, 80% savings -- $76k remaining mortgage, no other debt)

We are really behind for our ages, as compared to most folks here! We started saving late but wouldn't trade having wife home raising children for anything! No regrets. While nothing is guaranteed, my parents have told us we could expect about a $3 million inheritance. It is nice to know, but it does not impact our current financial decisions as we are conservative with spending, saving about 25% of our income and still giving 10%.
Ed 2
Posts: 2692
Joined: Sat May 15, 2010 9:34 am

Re: Share your net worth progression

Post by Ed 2 »

Waiting for countdown of 2022 :annoyed
"The fund industry doesn't have a lot of heroes, but he (Bogle) is one of them," Russ Kinnel
Normchad
Posts: 5648
Joined: Thu Mar 03, 2011 6:20 am

Re: Share your net worth progression

Post by Normchad »

freedomlover wrote: Sat Jan 22, 2022 8:07 am I would like to offer a different net worth progression! Much more average/below average. ;) We did not have good jobs out of college, average wage earners, lots of debt, chose to have wife home to raise children so very little savings for many years. We have also tithed 10% of our gross income all of these years.

2002: $51,754 (ages 29,33)
2003: $72,037
2004: $100,252 (son is born, wife is SAHM, so we are now single income, $60-70k/year)
2005: $118,821 (purchase larger home, mortgage is $197k)
2006: $143,913 (son is born)
2007: $166,315
2008: no data
2009: no data
2010: $185,835
2011: $216,412
2012: $280,773 (wife takes on p/t job $2k/mo)
2013: $310,719
2014: $367,040
2015: $399,160 (only debt is mortgage, $136k)
2016: $481,809 (wife's income increases substantially, we are now saving $40k/year for retirement)
2017: $553,422 (finish basement for $40k, paid in cash)
2018: $612,029
2019: $758,479
2020: $1,024,265
2021: $1,245,531 (ages 48, 53 -- 20% home equity, 80% savings -- $76k remaining mortgage, no other debt)

We are really behind for our ages, as compared to most folks here! We started saving late but wouldn't trade having wife home raising children for anything! No regrets. While nothing is guaranteed, my parents have told us we could expect about a $3 million inheritance. It is nice to know, but it does not impact our current financial decisions as we are conservative with spending, saving about 25% of our income and still giving 10%.
Congratulations! You are actually far ahead of where most people will ever be,ever. There are some very rich folks in these boards that can distort our perceptions if reality.

You’re doing really good. Just keep dooms shat you’ve been doing and enjoy the fruits if your labor!
irr
Posts: 95
Joined: Thu Aug 19, 2021 10:01 am
Location: Carolinas

Re: Share your net worth progression

Post by irr »

freedomlover wrote: Sat Jan 22, 2022 8:07 am I would like to offer a different net worth progression! Much more average/below average. ;) We did not have good jobs out of college, average wage earners, lots of debt, chose to have wife home to raise children so very little savings for many years. We have also tithed 10% of our gross income all of these years.

2002: $51,754 (ages 29,33)
2003: $72,037
2004: $100,252 (son is born, wife is SAHM, so we are now single income, $60-70k/year)
2005: $118,821 (purchase larger home, mortgage is $197k)
2006: $143,913 (son is born)
2007: $166,315
2008: no data
2009: no data
2010: $185,835
2011: $216,412
2012: $280,773 (wife takes on p/t job $2k/mo)
2013: $310,719
2014: $367,040
2015: $399,160 (only debt is mortgage, $136k)
2016: $481,809 (wife's income increases substantially, we are now saving $40k/year for retirement)
2017: $553,422 (finish basement for $40k, paid in cash)
2018: $612,029
2019: $758,479
2020: $1,024,265
2021: $1,245,531 (ages 48, 53 -- 20% home equity, 80% savings -- $76k remaining mortgage, no other debt)

We are really behind for our ages, as compared to most folks here! We started saving late but wouldn't trade having wife home raising children for anything! No regrets. While nothing is guaranteed, my parents have told us we could expect about a $3 million inheritance. It is nice to know, but it does not impact our current financial decisions as we are conservative with spending, saving about 25% of our income and still giving 10%.
Bravo. That's incredibly impressive with tithing and your wife staying home. Keep it up!
Real estate, where even the most mediocre can become wealthy.
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