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.
dn160
Posts: 9
Joined: Thu Aug 10, 2017 1:29 pm

Re: Share your net worth progression

Post by dn160 »

logic2000 wrote: Fri Aug 27, 2021 1:33 pm Long time lurker, first time poster. Just crossed two commas, so thought I'd share our progression. EOY balances, excluding house:

2012 $58,000
2013 $62,000
2014 $101,000
2015 $125,000
2016 $151,000
2017 $177,000
2018 $208,000 (started reading bogleheads and MMM, changed jobs, paid off house)
2019 $368,000
2020 $637,000
currently at $1,005,000
Congratulations!
It seems between 2018-21 you quintupled your NW, what was the contribution to such jump? Nicely done btw.
126inc
Posts: 162
Joined: Sun Oct 04, 2020 12:42 am

Re: Share your net worth progression

Post by 126inc »

systemr wrote: Thu Dec 31, 2020 6:16 pm 2004 |$167K | 22
2005 | $210K |23
2006 | $255K | 24
2007 | $389K | 25
2008 | $432K | 26
2009 | $501K | 27
2010 | $587K | 28
2011 | $1MM | 29 <= IPO
2012 | $1.6MM |30
2013 | $1.9MM |31
2014 | $2.1MM |32
2015 | $2.4MM |33
2016 | $2.5MM | 34
2017 | $2.9MM | 35
2018 | $2.7MM |36
2019 | $3.2MM |37
2020 | $10.3MM | 38 <= IPO

NW excludes value of house. Got lucky, work in tech and had a great year due to long awaited IPO (almost 10 years). One more company I used to work at hopefully to go public in the next year or two. Gains in the other years primarily driven by long held positions in big tech
2021 update as I'm about to turn 39

2021 | $12.6MM | 39

IPO #3 allegedly on track to file S-1 Q4 2021, but I'll believe it when I see it
logic2000
Posts: 4
Joined: Sat Jan 23, 2021 3:42 pm

Re: Share your net worth progression

Post by logic2000 »

dn160 wrote: Tue Oct 19, 2021 4:19 pm Congratulations!
It seems between 2018-21 you quintupled your NW, what was the contribution to such jump? Nicely done btw.
Thanks! Combination of paying off the house and redirecting mortgage payments to investments, annual RSUs from the new job starting to stack, and above average market returns ~everyone had over the last couple years.
OnLevel
Posts: 72
Joined: Mon Feb 12, 2018 12:14 pm

Re: Share your net worth progression

Post by OnLevel »

This is our invested assets, which is what I really think about. I don't include our house or our debts, because those pretty much offset.

2018: 140,000
2019: 218,000
2020: 406,000
2021: 530,000 as of 10/21

Started reading this forum in 2018 and started making out 401k and iras that hear. Promotions at work and a generous employer match have helped me increase my annual new money to 60k or 70k.
Last edited by OnLevel on Thu Oct 21, 2021 9:50 pm, edited 1 time in total.
jarjarM
Posts: 2511
Joined: Mon Jul 16, 2018 1:21 pm

Re: Share your net worth progression

Post by jarjarM »

126inc wrote: Tue Oct 19, 2021 5:31 pm
systemr wrote: Thu Dec 31, 2020 6:16 pm 2004 |$167K | 22
2005 | $210K |23
2006 | $255K | 24
2007 | $389K | 25
2008 | $432K | 26
2009 | $501K | 27
2010 | $587K | 28
2011 | $1MM | 29 <= IPO
2012 | $1.6MM |30
2013 | $1.9MM |31
2014 | $2.1MM |32
2015 | $2.4MM |33
2016 | $2.5MM | 34
2017 | $2.9MM | 35
2018 | $2.7MM |36
2019 | $3.2MM |37
2020 | $10.3MM | 38 <= IPO

NW excludes value of house. Got lucky, work in tech and had a great year due to long awaited IPO (almost 10 years). One more company I used to work at hopefully to go public in the next year or two. Gains in the other years primarily driven by long held positions in big tech
2021 update as I'm about to turn 39

2021 | $12.6MM | 39

IPO #3 allegedly on track to file S-1 Q4 2021, but I'll believe it when I see it
Congrats :beer Three time IPO liquidity events are definitely rare :beer
Autiger144
Posts: 3
Joined: Sat Sep 03, 2016 10:42 pm

Re: Share your net worth progression

Post by Autiger144 »

Autiger144 wrote: Sun Feb 21, 2021 9:29 pm
Autiger144 wrote: Tue Sep 08, 2020 12:26 pm Male, Married, 2 kids, 35 y/o

No debt other than mortgage

2015 $70,000
2016 $134,000
2017 $170,000
2018 $225,000
2019 $329,000
2020 $492,000
2021 $712,000
2022 $767,000
YTD '23 $850,000

Hope to hit $1M net worth by 39 y/o

2022 Savings Rate (Gross) - 53%
2022 Savings Rate (Net) - 65%
Last edited by Autiger144 on Wed Apr 26, 2023 4:25 pm, edited 3 times in total.
harrychan
Posts: 2047
Joined: Sun Nov 14, 2010 8:37 pm
Location: Pasadena

Re: Share your net worth progression

Post by harrychan »

jarjarM wrote: Thu Oct 21, 2021 9:46 pm
126inc wrote: Tue Oct 19, 2021 5:31 pm
systemr wrote: Thu Dec 31, 2020 6:16 pm 2004 |$167K | 22
2005 | $210K |23
2006 | $255K | 24
2007 | $389K | 25
2008 | $432K | 26
2009 | $501K | 27
2010 | $587K | 28
2011 | $1MM | 29 <= IPO
2012 | $1.6MM |30
2013 | $1.9MM |31
2014 | $2.1MM |32
2015 | $2.4MM |33
2016 | $2.5MM | 34
2017 | $2.9MM | 35
2018 | $2.7MM |36
2019 | $3.2MM |37
2020 | $10.3MM | 38 <= IPO

NW excludes value of house. Got lucky, work in tech and had a great year due to long awaited IPO (almost 10 years). One more company I used to work at hopefully to go public in the next year or two. Gains in the other years primarily driven by long held positions in big tech
2021 update as I'm about to turn 39

2021 | $12.6MM | 39

IPO #3 allegedly on track to file S-1 Q4 2021, but I'll believe it when I see it
Congrats :beer Three time IPO liquidity events are definitely rare :beer
Most definitely. I was talking to a friend who recently jumped jobs in search for that IPO money. He said he had a friend who's been at 5 start ups which all failed. So it's not a given.
This is not legal or certified financial advice but you know that already.
fatcoffeedrinker
Posts: 445
Joined: Mon Mar 23, 2020 2:03 pm

Re: Share your net worth progression

Post by fatcoffeedrinker »

Deleted
Last edited by fatcoffeedrinker on Wed Mar 02, 2022 9:50 am, edited 1 time in total.
WhiteMaxima
Posts: 3338
Joined: Thu May 19, 2016 5:04 pm

Re: Share your net worth progression

Post by WhiteMaxima »

My net worth is my personal matter. Won't share.
mikejuss
Posts: 2833
Joined: Tue Jun 23, 2020 1:36 pm

Re: Share your net worth progression

Post by mikejuss »

BigLaw Survivor wrote: Mon Oct 18, 2021 11:10 am When I retired from Biglaw in 2015 at age 53 my net worth was $4.8 million. I'm now at $7.7 million after not working a day since.
Interesting. What's your asset allocation?
50% VTSAX | 25% VTIAX | 25% VBTLX (retirement), 25% VTEAX (taxable)
fatcoffeedrinker
Posts: 445
Joined: Mon Mar 23, 2020 2:03 pm

Re: Share your net worth progression

Post by fatcoffeedrinker »

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Last edited by fatcoffeedrinker on Wed Mar 02, 2022 9:50 am, edited 1 time in total.
User avatar
novolog
Posts: 450
Joined: Tue Jan 30, 2018 5:24 pm
Location: Greater Boston

Re: Share your net worth progression

Post by novolog »

WhiteMaxima wrote: Fri Oct 22, 2021 12:57 pm My net worth is my personal matter. Won't share.
please do not share thank you
S&P 500 + Bitcoin
126inc
Posts: 162
Joined: Sun Oct 04, 2020 12:42 am

Re: Share your net worth progression

Post by 126inc »

harrychan wrote: Fri Oct 22, 2021 12:38 pm
jarjarM wrote: Thu Oct 21, 2021 9:46 pm
126inc wrote: Tue Oct 19, 2021 5:31 pm
systemr wrote: Thu Dec 31, 2020 6:16 pm 2004 |$167K | 22
2005 | $210K |23
2006 | $255K | 24
2007 | $389K | 25
2008 | $432K | 26
2009 | $501K | 27
2010 | $587K | 28
2011 | $1MM | 29 <= IPO
2012 | $1.6MM |30
2013 | $1.9MM |31
2014 | $2.1MM |32
2015 | $2.4MM |33
2016 | $2.5MM | 34
2017 | $2.9MM | 35
2018 | $2.7MM |36
2019 | $3.2MM |37
2020 | $10.3MM | 38 <= IPO

NW excludes value of house. Got lucky, work in tech and had a great year due to long awaited IPO (almost 10 years). One more company I used to work at hopefully to go public in the next year or two. Gains in the other years primarily driven by long held positions in big tech
2021 update as I'm about to turn 39

2021 | $12.6MM | 39

IPO #3 allegedly on track to file S-1 Q4 2021, but I'll believe it when I see it
Congrats :beer Three time IPO liquidity events are definitely rare :beer
Most definitely. I was talking to a friend who recently jumped jobs in search for that IPO money. He said he had a friend who's been at 5 start ups which all failed. So it's not a given.
Thanks guys. No doubt I am extraordinary lucky. Not included in the above numbers is the time that everybody on my team but me (most junior) and the VP got fired in 2009 Sequoia RIP good times era and I thought we were done for only to IPO in 2011, and the 2013 early stage startup failed/acquire-hire and I decided to quit scenario (in retrospect resting and vesting at Google would have been better financially but not career wise...).
twr
Posts: 28
Joined: Fri Jan 17, 2020 12:08 am

Re: Share your net worth progression

Post by twr »

I shared this over on another post, but wanted to put it in this “official” thread, as I’m pretty proud of our progress so far since starting our investment journey so late in the game:

Current Age: 39

My Personal Capital account only goes back to Dec 31, 2014, and I got a (in my opinion) very late start investing when I turned 30 (2012). Student loans + car loans + high rent kept me from contributing for the first ~8 years out of college. This progression includes home equity.

2014: $58k (Three years maxing Roth IRAs for myself and my wife + cash accounts)
2015: $156k (Finally started 401k and sold condo in HCOL county + purchased house in LCOL county nearby)
2016: $222k (Started maxing 401k + HSA)
2017: $317k
2018: $376k
2019: $501k
2020: $695k
2021 (so far): $947k

We’re on track to hit $1m in early 2022, so I’m hoping our journey to $2m takes a good deal less time, and that we hit $1m with our investments by the mid 2020s, with plans to retire in the late 2030s.
sjl333
Posts: 305
Joined: Sun Apr 20, 2014 2:59 pm

Re: Share your net worth progression

Post by sjl333 »

Just crossed back over one million, holding 1110 shares of tesla :sharebeer

(age, networth, salary)

Age 22 -120K 65K
Age 32 1.01 million 400K+

(crossed over 1.5 mill. earlier this year but lost 750K, climbed my way back up to 1.00 mill, holding TSLA long until 2030!)
User avatar
ray.james
Posts: 1902
Joined: Tue Jul 19, 2011 4:08 am

Re: Share your net worth progression

Post by ray.james »

sjl333 wrote: Sat Oct 23, 2021 10:43 am Just crossed back over one million, holding 1110 shares of tesla :sharebeer

(age, networth, salary)

Age 22 -120K 65K
Age 32 1.01 million 400K+

(crossed over 1.5 mill. earlier this year but lost 750K, climbed my way back up to 1.00 mill, holding TSLA long until 2030!)
Why not diversify half, if that is your entire net worth?
When in doubt, http://www.bogleheads.org/forum/viewtopic.php?f=1&t=79939
sjl333
Posts: 305
Joined: Sun Apr 20, 2014 2:59 pm

Re: Share your net worth progression

Post by sjl333 »

ray.james wrote: Sat Oct 23, 2021 12:58 pm
sjl333 wrote: Sat Oct 23, 2021 10:43 am Just crossed back over one million, holding 1110 shares of tesla :sharebeer

(age, networth, salary)

Age 22 -120K 65K
Age 32 1.01 million 400K+

(crossed over 1.5 mill. earlier this year but lost 750K, climbed my way back up to 1.00 mill, holding TSLA long until 2030!)
Why not diversify half, if that is your entire net worth?
No need - research indicates TSLA will dominate (barring any macro collapse and unfair policies from the administration, even if there is a macro collapse still plan on holding all TSLA). still high risk due to execution risk as well (can they really deliver on FSD and can they ramp up to 5-10 million cars in the next 5 years). We shall see.
csmath
Posts: 826
Joined: Sat Oct 13, 2018 11:32 am

Re: Share your net worth progression

Post by csmath »

sjl333 wrote: Sat Oct 23, 2021 2:17 pm No need - research indicates TSLA will dominate (barring any macro collapse and unfair policies from the administration, even if there is a macro collapse still plan on holding all TSLA). still high risk due to execution risk as well (can they really deliver on FSD and can they ramp up to 5-10 million cars in the next 5 years). We shall see.
Ahh... one of my favorite phrases to hear people use, or at least a version of it. Usually it is in the form, "Studies show..."

I wish you luck.
000
Posts: 8211
Joined: Thu Jul 23, 2020 12:04 am

Re: Share your net worth progression

Post by 000 »

sjl333 wrote: Sat Oct 23, 2021 2:17 pm
ray.james wrote: Sat Oct 23, 2021 12:58 pm
sjl333 wrote: Sat Oct 23, 2021 10:43 am Just crossed back over one million, holding 1110 shares of tesla :sharebeer

(age, networth, salary)

Age 22 -120K 65K
Age 32 1.01 million 400K+

(crossed over 1.5 mill. earlier this year but lost 750K, climbed my way back up to 1.00 mill, holding TSLA long until 2030!)
Why not diversify half, if that is your entire net worth?
No need - research indicates TSLA will dominate (barring any macro collapse and unfair policies from the administration, even if there is a macro collapse still plan on holding all TSLA). still high risk due to execution risk as well (can they really deliver on FSD and can they ramp up to 5-10 million cars in the next 5 years). We shall see.
Do you have a plan if it drops or just keep hodling?
sjl333
Posts: 305
Joined: Sun Apr 20, 2014 2:59 pm

Re: Share your net worth progression

Post by sjl333 »

000 wrote: Mon Oct 25, 2021 5:49 pm
sjl333 wrote: Sat Oct 23, 2021 2:17 pm
ray.james wrote: Sat Oct 23, 2021 12:58 pm
sjl333 wrote: Sat Oct 23, 2021 10:43 am Just crossed back over one million, holding 1110 shares of tesla :sharebeer

(age, networth, salary)

Age 22 -120K 65K
Age 32 1.01 million 400K+

(crossed over 1.5 mill. earlier this year but lost 750K, climbed my way back up to 1.00 mill, holding TSLA long until 2030!)
Why not diversify half, if that is your entire net worth?
No need - research indicates TSLA will dominate (barring any macro collapse and unfair policies from the administration, even if there is a macro collapse still plan on holding all TSLA). still high risk due to execution risk as well (can they really deliver on FSD and can they ramp up to 5-10 million cars in the next 5 years). We shall see.
Do you have a plan if it drops or just keep hodling?
Hodling until minimum 2030. Tesla is and will become a bigger juggernaut.
000
Posts: 8211
Joined: Thu Jul 23, 2020 12:04 am

Re: Share your net worth progression

Post by 000 »

sjl333 wrote: Mon Oct 25, 2021 5:54 pm Hodling until minimum 2030. Tesla is and will become a bigger juggernaut.
I am going to have to disagree but if you're right your 401k is going to have some monster RMDs in the future. :twisted:
Normchad
Posts: 5648
Joined: Thu Mar 03, 2011 6:20 am

Re: Share your net worth progression

Post by Normchad »

000 wrote: Mon Oct 25, 2021 5:57 pm
sjl333 wrote: Mon Oct 25, 2021 5:54 pm Hodling until minimum 2030. Tesla is and will become a bigger juggernaut.
I am going to have to disagree but if you're right your 401k is going to have some monster RMDs in the future. :twisted:
Gotta buy it in the Roth. That’s how you get billions in your Roth…..
sjl333
Posts: 305
Joined: Sun Apr 20, 2014 2:59 pm

Re: Share your net worth progression

Post by sjl333 »

Normchad wrote: Mon Oct 25, 2021 6:00 pm
000 wrote: Mon Oct 25, 2021 5:57 pm
sjl333 wrote: Mon Oct 25, 2021 5:54 pm Hodling until minimum 2030. Tesla is and will become a bigger juggernaut.
I am going to have to disagree but if you're right your 401k is going to have some monster RMDs in the future. :twisted:
Gotta buy it in the Roth. That’s how you get billions in your Roth…..
My money is all split into Roth, 401k, and brokerage. Everything is sitting on Tesla lol.
000
Posts: 8211
Joined: Thu Jul 23, 2020 12:04 am

Re: Share your net worth progression

Post by 000 »

Normchad wrote: Mon Oct 25, 2021 6:00 pm
000 wrote: Mon Oct 25, 2021 5:57 pm
sjl333 wrote: Mon Oct 25, 2021 5:54 pm Hodling until minimum 2030. Tesla is and will become a bigger juggernaut.
I am going to have to disagree but if you're right your 401k is going to have some monster RMDs in the future. :twisted:
Gotta buy it in the Roth. That’s how you get billions in your Roth…..
Then you also gotta grease the right gears or the system starts to look at your Roth kinda funny :wink:
000
Posts: 8211
Joined: Thu Jul 23, 2020 12:04 am

Re: Share your net worth progression

Post by 000 »

sjl333 wrote: Mon Oct 25, 2021 6:02 pm My money is all split into Roth, 401k, and brokerage. Everything is sitting on Tesla lol.
I misread your post :oops:

Your salary is 400k I thought you had it all in your 401k. :oops:
Normchad
Posts: 5648
Joined: Thu Mar 03, 2011 6:20 am

Re: Share your net worth progression

Post by Normchad »

000 wrote: Mon Oct 25, 2021 6:02 pm
Normchad wrote: Mon Oct 25, 2021 6:00 pm
000 wrote: Mon Oct 25, 2021 5:57 pm
sjl333 wrote: Mon Oct 25, 2021 5:54 pm Hodling until minimum 2030. Tesla is and will become a bigger juggernaut.
I am going to have to disagree but if you're right your 401k is going to have some monster RMDs in the future. :twisted:
Gotta buy it in the Roth. That’s how you get billions in your Roth…..
Then you also gotta grease the right gears or the system starts to look at your Roth kinda funny :wink:
I just made myself ill…… buying Tesla in the Roth for the past 10 years would have turned out okay.


https://www.portfoliovisualizer.com/bac ... ion1_1=100
000
Posts: 8211
Joined: Thu Jul 23, 2020 12:04 am

Re: Share your net worth progression

Post by 000 »

Normchad wrote: Mon Oct 25, 2021 6:07 pm I just made myself ill…… buying Tesla in the Roth for the past 10 years would have turned out okay.


https://www.portfoliovisualizer.com/bac ... ion1_1=100
:annoyed :greedy
esqu1re
Posts: 78
Joined: Fri Aug 28, 2020 7:41 am

Re: Share your net worth progression

Post by esqu1re »

Whenever I feel pretty good about my NW, I come here to feel more humble. It never fails.
CFOKevin
Posts: 189
Joined: Sat Jan 04, 2014 3:07 pm

Re: Share your net worth progression

Post by CFOKevin »

Looks like a good time time to update from my post about 4 years ago:

I've always been a record keeper on this stuff and it is great to have a place to share. The rest of the story is (most often) two earners, four kids including one with special needs, an inclination toward saving, investing in equities and staying the course.

1990 $57K age 29
1991 $94K
1992 $141K
1993 $258K
1994 $259K
1995 $345K
1996 $526K
1997 $688K
1998 $847K
1999 $1,132K
2000 $1,050K
2001 $1,001K
2002 $965K
2003 $1,099K
2004 $1,117K
2005 $1,062K
2006 $1,176K
2007 $1,242K
2008 $931K
2009 $1,133K
2010 $1,333K
2011 $1,307K
2012 $1,545K
2013 $1,908K
2014 $2,109K
2015 $2,241K
2016 $2,539K
2017 $2,938K
2018 $2,916K
2019 $3,708K retired at 58
2020 $3,930K
now $4,377K

Cheers,

Kevin
the_frugal_cpa
Posts: 3
Joined: Wed Sep 22, 2021 5:41 pm

Re: Share your net worth progression

Post by the_frugal_cpa »

26 (in a month) year old CPA living in the NYC metro here. I'll post some of my shorter history as I've only been invested for a short time. I happened to start tracking around when COVID hit, and have been investing heavily since.

100% in VTSAX / other S&P equivalent across HSA, ROTH, 401k and brokerage.

I budget a little less granularly than others, but it has worked out so far. I maintain about 3-4ish months of E-funds ($7,500). I have thought about paring it back to $5,000 as I could find work pretty quick as a CPA in NYC. I max my 401(k), ROTH, HSA and (try to) invest the same $ that I spend on fixed expenses. The budget looks like this -

net take-home $ 4,530 (biweekly)
fixed expenses (1,718) inclusive of: rent, utilities, wifi, cable, media subscriptions. company phone + gym, no debt
brokerage (1,718)
monthly take 1,094
weekly take ~270

That weekly take figure is what I have left over for food, drinks, entertainment, etc. I eat out ~1-2x a week (chipotle) and rarely go over my weekly $270 allotment.

I am lucky to have no debt and relatively low expenses for a NYC metro resident. When I first started tracking at the start of COVID, I set the following goals, which seemed way too high at the time. I am under no illusion that the stock market gains will stay this frothy. I look forward to updating this and seeing how reality plays out -

26 - 75k
27 - 125k
30 - 350k

Date - Age - Net worth - total comp

6/1/20 - 24 - $29,179 - $2,500 - 65,000 (timely $5k investment into roth, upped 401k %)
12/1/20 - 25 - $40,000 - $2,500 - 70,000
6/1/ 21 - 25 - $64,645 - $5,000 - 80,000
10/15/21- 25 - $90,106 - $7,500 - 125,000 (sold car for 12k net-of-debt, 15k signing bonus)

1x salary invested is always always just out of reach, but I hope to get there by 6/1/22.

Apologies for the lengthy post!
iamlucky13
Posts: 3527
Joined: Sat Mar 04, 2017 4:28 pm
Location: Western Washington

Re: Share your net worth progression

Post by iamlucky13 »

Normchad wrote: Mon Oct 25, 2021 6:07 pm I just made myself ill…… buying Tesla in the Roth for the past 10 years would have turned out okay.


https://www.portfoliovisualizer.com/bac ... ion1_1=100
Well, with past returns like that, and so many people saying it is guaranteed to keep growing, we might as well all switch to 100% TSLA.
stoptothink
Posts: 15368
Joined: Fri Dec 31, 2010 8:53 am

Re: Share your net worth progression

Post by stoptothink »

esqu1re wrote: Mon Oct 25, 2021 6:54 pm Whenever I feel pretty good about my NW, I come here to feel more humble. It never fails.
I never feel good about my financial situation because I'm on here almost daily...and I am (for all intents and purposes) financially independent at 40. Waiting until January 1st to update the spreadsheet, but back-of-the-napkin math suggests we're inching up to $1.5M. Nothing for this thread, but I have to remind myself that's about a 10-fold increase since my wife and I met 8yrs ago.
retire4lyfe
Posts: 32
Joined: Sun Jul 01, 2018 9:08 pm

Re: Share your net worth progression

Post by retire4lyfe »

stoptothink wrote: Tue Oct 26, 2021 6:58 am
esqu1re wrote: Mon Oct 25, 2021 6:54 pm Whenever I feel pretty good about my NW, I come here to feel more humble. It never fails.
I never feel good about my financial situation because I'm on here almost daily...and I am (for all intents and purposes) financially independent at 40. Waiting until January 1st to update the spreadsheet, but back-of-the-napkin math suggests we're inching up to $1.5M. Nothing for this thread, but I have to remind myself that's about a 10-fold increase since my wife and I met 8yrs ago.
I've been mulling posting our NW progression on here for a while, but wasn't sure I wanted to. But your comment made me decide to and I hope it is an encouragement to others. You are a lot further along than we where at 40, so just keep that in mind. I've always tracked my finances so I can start at 15 until now at 51. I'll spare everyone the details of the first couple decades though and just give the highlights.

Just a note, I've always valued my real estate at the price I payed for it and only include the gains on it when I sell it, which I have done quite a bit over the years between rentals and raw land. All values are year end.

Year - Age - Net Worth
1985 - 15 - $ 2,900 - worked a summer job at $3.35 an hour
1990 - 20 - $ 9,900 - worked various part time jobs while going to community college and high school
1995 - 25 - $ 50,500 - started full time job at 23 after looking for over a year and only doing part time jobs
2000 - 30 - $ 112,000 - same job, salary $30,000
2005 - 35 - $ 181,000 - same job, met future wife who encouraged me to find a better paying job
2006 - 36 - $ 197,000 - Got a new job at double my old salary
2007 - 37 - $ 503,000 - Got married (combined finances about equal net worth at marriage)
2008 - 38 - $ 511,000
2009 - 39 - $ 686,000
2010 - 40 - $ 842,000
2011 - 41 - $ 901,000
2012 - 42 - $1,084,000
2013 - 43 - $1,309,000
2014 - 44 - $1,451,000
2015 - 45 - $1,543,000
2016 - 46 - $1,750,000
2017 - 47 - $2,118,000
2018 - 48 - $2,196,000
2019 - 49 - $2,706,000
2020 - 50 - $3,100,000
2021 - 51 - $3,550,000 so far

We have maxed both our 401k & IRAs since 2006. HSA since 2011.

We have been blessed more than I could ever dream, so don't get discouraged at the numbers you see on here, slow and steady saving and investing will get you a lot farther than you think.
mceagle555
Posts: 174
Joined: Mon Aug 31, 2020 12:41 pm

Re: Share your net worth progression

Post by mceagle555 »

It's amazing how this thread can simultaneously encourage and humble you at the same time...
esqu1re
Posts: 78
Joined: Fri Aug 28, 2020 7:41 am

Re: Share your net worth progression

Post by esqu1re »

CFOKevin wrote: Mon Oct 25, 2021 9:50 pm Looks like a good time time to update from my post about 4 years ago:

I've always been a record keeper on this stuff and it is great to have a place to share. The rest of the story is (most often) two earners, four kids including one with special needs, an inclination toward saving, investing in equities and staying the course.

1990 $57K age 29
1991 $94K
1992 $141K
1993 $258K
1994 $259K
1995 $345K
1996 $526K
1997 $688K
1998 $847K
1999 $1,132K
2000 $1,050K
2001 $1,001K
2002 $965K
2003 $1,099K
2004 $1,117K
2005 $1,062K
2006 $1,176K
2007 $1,242K
2008 $931K
2009 $1,133K
2010 $1,333K
2011 $1,307K
2012 $1,545K
2013 $1,908K
2014 $2,109K
2015 $2,241K
2016 $2,539K
2017 $2,938K
2018 $2,916K
2019 $3,708K retired at 58
2020 $3,930K
now $4,377K

Cheers,

Kevin
That 1998-2008 stretch of time must have been very difficult emotionally. I'm glad it turned out ok by retirement!
jarjarM
Posts: 2511
Joined: Mon Jul 16, 2018 1:21 pm

Re: Share your net worth progression

Post by jarjarM »

CFOKevin wrote: Mon Oct 25, 2021 9:50 pm
Wow, great tracking. It's always amazing to see someone with such long track record to show the progression. Congrats on your accomplishment and retirement :beer
jarjarM
Posts: 2511
Joined: Mon Jul 16, 2018 1:21 pm

Re: Share your net worth progression

Post by jarjarM »

retire4lyfe wrote: Tue Oct 26, 2021 9:51 am I've been mulling posting our NW progression on here for a while, but wasn't sure I wanted to. But your comment made me decide to and I hope it is an encouragement to others. You are a lot further along than we where at 40, so just keep that in mind. I've always tracked my finances so I can start at 15 until now at 51. I'll spare everyone the details of the first couple decades though and just give the highlights.

Just a note, I've always valued my real estate at the price I payed for it and only include the gains on it when I sell it, which I have done quite a bit over the years between rentals and raw land. All values are year end.

Year - Age - Net Worth
1985 - 15 - $ 2,900 - worked a summer job at $3.35 an hour
1990 - 20 - $ 9,900 - worked various part time jobs while going to community college and high school
1995 - 25 - $ 50,500 - started full time job at 23 after looking for over a year and only doing part time jobs
2000 - 30 - $ 112,000 - same job, salary $30,000
2005 - 35 - $ 181,000 - same job, met future wife who encouraged me to find a better paying job
2006 - 36 - $ 197,000 - Got a new job at double my old salary
2007 - 37 - $ 503,000 - Got married (combined finances about equal net worth at marriage)
2008 - 38 - $ 511,000
2009 - 39 - $ 686,000
2010 - 40 - $ 842,000
2011 - 41 - $ 901,000
2012 - 42 - $1,084,000
2013 - 43 - $1,309,000
2014 - 44 - $1,451,000
2015 - 45 - $1,543,000
2016 - 46 - $1,750,000
2017 - 47 - $2,118,000
2018 - 48 - $2,196,000
2019 - 49 - $2,706,000
2020 - 50 - $3,100,000
2021 - 51 - $3,550,000 so far

We have maxed both our 401k & IRAs since 2006. HSA since 2011.

We have been blessed more than I could ever dream, so don't get discouraged at the numbers you see on here, slow and steady saving and investing will get you a lot farther than you think.
Congrats! Are you retired yet? It's amazing to see someone tracking their progress since 15, I know I wasn't paying any attention to personal finance at 15 and $100 would've been lots of money at that time. Also, slow and steady wins the game :beer
CFOKevin
Posts: 189
Joined: Sat Jan 04, 2014 3:07 pm

Re: Share your net worth progression

Post by CFOKevin »

Thanks for the congrats guys. And I've always been pretty unemotional when it comes to Net Worth. The years that esqu1re noted were emotional ones. But, for reasons that had nothing to do with finances. We had three kids and then four and were also dealing with a cerebral palsy diagnosis and a cross country move. Life works out if you have a plan and work on it together with your loved ones. If I had it to do over again, I can't think of anything I'd do differently. I'm a very lucky guy.

Best,

Kevin
retire4lyfe
Posts: 32
Joined: Sun Jul 01, 2018 9:08 pm

Re: Share your net worth progression

Post by retire4lyfe »

jarjarM wrote: Tue Oct 26, 2021 1:29 pm
retire4lyfe wrote: Tue Oct 26, 2021 9:51 am I've been mulling posting our NW progression on here for a while, but wasn't sure I wanted to. But your comment made me decide to and I hope it is an encouragement to others. You are a lot further along than we where at 40, so just keep that in mind. I've always tracked my finances so I can start at 15 until now at 51. I'll spare everyone the details of the first couple decades though and just give the highlights.

Just a note, I've always valued my real estate at the price I payed for it and only include the gains on it when I sell it, which I have done quite a bit over the years between rentals and raw land. All values are year end.

Year - Age - Net Worth
1985 - 15 - $ 2,900 - worked a summer job at $3.35 an hour
1990 - 20 - $ 9,900 - worked various part time jobs while going to community college and high school
1995 - 25 - $ 50,500 - started full time job at 23 after looking for over a year and only doing part time jobs
2000 - 30 - $ 112,000 - same job, salary $30,000
2005 - 35 - $ 181,000 - same job, met future wife who encouraged me to find a better paying job
2006 - 36 - $ 197,000 - Got a new job at double my old salary
2007 - 37 - $ 503,000 - Got married (combined finances about equal net worth at marriage)
2008 - 38 - $ 511,000
2009 - 39 - $ 686,000
2010 - 40 - $ 842,000
2011 - 41 - $ 901,000
2012 - 42 - $1,084,000
2013 - 43 - $1,309,000
2014 - 44 - $1,451,000
2015 - 45 - $1,543,000
2016 - 46 - $1,750,000
2017 - 47 - $2,118,000
2018 - 48 - $2,196,000
2019 - 49 - $2,706,000
2020 - 50 - $3,100,000
2021 - 51 - $3,550,000 so far

We have maxed both our 401k & IRAs since 2006. HSA since 2011.

We have been blessed more than I could ever dream, so don't get discouraged at the numbers you see on here, slow and steady saving and investing will get you a lot farther than you think.
Congrats! Are you retired yet? It's amazing to see someone tracking their progress since 15, I know I wasn't paying any attention to personal finance at 15 and $100 would've been lots of money at that time. Also, slow and steady wins the game :beer
Not retired, my kids are still young and DW a bit younger than me, so I'll be working until 65 when the last gets out of college most likely. Some of the money at 15 came from a few hundred dollars gift my grandparents gave me at 11 that had been placed in a CD at about 16% for a few years, so watching that grow was eye opening and made me want to save. The rest was from mowing yards starting at 13 and then the summer job at 15, I saved most and spent very little. Learning work ethic was the best education of my youth.
jarjarM
Posts: 2511
Joined: Mon Jul 16, 2018 1:21 pm

Re: Share your net worth progression

Post by jarjarM »

retire4lyfe wrote: Tue Oct 26, 2021 3:35 pm
Not retired, my kids are still young and DW a bit younger than me, so I'll be working until 65 when the last gets out of college most likely. Some of the money at 15 came from a few hundred dollars gift my grandparents gave me at 11 that had been placed in a CD at about 16% for a few years, so watching that grow was eye opening and made me want to save. The rest was from mowing yards starting at 13 and then the summer job at 15, I saved most and spent very little. Learning work ethic was the best education of my youth.
Good story. Thanks for sharing :D
getttinggoing37
Posts: 13
Joined: Wed Jan 08, 2020 9:43 am

Re: Share your net worth progression

Post by getttinggoing37 »

2017: $0
2018: ~$200k (wasnt tracking closely)
2019: $842,628
2020: $2,495,050
2021 (so far): $3,118,560


I own a business that fortunately is growing pretty tremendously and can pay myself nicely, also did pretty well with some good stock picks since covid hit.
mikejuss
Posts: 2833
Joined: Tue Jun 23, 2020 1:36 pm

Re: Share your net worth progression

Post by mikejuss »

getttinggoing37 wrote: Tue Oct 26, 2021 4:19 pm 2017: $0
2018: ~$200k (wasnt tracking closely)
2019: $842,628
2020: $2,495,050
2021 (so far): $3,118,560


I own a business that fortunately is growing pretty tremendously and can pay myself nicely, also did pretty well with some good stock picks since covid hit.
Sir, are you hiring? Well done. :beer
50% VTSAX | 25% VTIAX | 25% VBTLX (retirement), 25% VTEAX (taxable)
Chadnudj
Posts: 1269
Joined: Tue Oct 29, 2013 11:22 am

Re: Share your networth progression

Post by Chadnudj »

Chadnudj wrote: Tue Jan 24, 2017 11:00 am
Chadnudj wrote:
JimmyD wrote:
Gemini wrote:I am leary about using online services that require sharing of passwords. With all of the hacking, it makes me a bit uneasy.
Yeah, that risk is the price you pay for the convenience. Will be worth it to some, not so much to others.
I use a Google Docs spreadsheet. I just log on once a month (always near the end of the month) to each of my accounts (investments, Zillow for rental property value, checking/savings, credit cards, student loans, mortgage accounts), put all the numbers into Google Docs, and I'm done. No "sharing passwords" that way. I suppose someone could hack in to Google Docs and read my net worth statements, but they wouldn't have access to to my actual accounts since I don't keep any passwords there or link them directly in anyway to an account (I use nicknames for each account at the top of each column that don't even mention the institution they are with), so that's a risk that I'm willing to take.

I posted back in May 2015, but since then, quite a bit of progress for me. (FYI: I use Zillow for my rental property, but use purchase price for the primary residence we just bought in July -- I've been tracking myself since January 2013, but only started tracking my wife and I combined since April 2014 so that's where I began....plus, I was out of work from June 2014-March 2015):

April 2014: $61k
April 2015: $96k
November 2015: $151k (thank you rental house appreciation!)

Needless to say, with what I hope to be a good bonus this year and 2 more paychecks for me before the year is over, I'm considering this year (or the past 1.5 years or so) a huge success for our family's net worth.
Might as well post another update, now that we're over a year later....

April 2014: $61k (age 34)
April 2015: $96k (age 35)
April 2016: $230k (age 36)
January 2017: $373k (age 37)

Definitely feeling blessed by a great job, a healthy and supportive and growing family, and thankful to this board and other sites for keeping me focused on making smart financial decisions (not always the perfect ones, but generally ones that point in the right direction).
Been awhile since I revisited this thread, but here's an update/revised (corrected some errors in the tracking) numbers. This is for spouse and I combined (hence the April 2014 start date when we combined finances), with both of us working pretty much this whole time (although that has recently changed), and includes home equity calculated very conservatively (I use the purchase price of our current home in 2018, which has appreciated considerably since then, minus the outstanding mortgage):
April 2014: $100k (34)
April 2015: $119k (35)
April 2016: $176k (36)
April 2017: $329k (37)
April 2018: $464k (38)
April 2019: $449k (39)
April 2020: $456k (40)
April 2021: $670k (41)

End of 2018 saw us buy our forever home in the burbs and a 2nd car (and sell our condo and a rental house), hence the slight dip. I track April to April (basically because my spouse and I combined finances in April 2014), so the pandemic lows were still weighing heavily in April 2020 (I never sold/stuck through it and was rewarded). And 2021 has been a very good year, although we're now a one-income home for a bit (my spouse left their career to be a stay at home parent/think about a different career that will work better with our family life). Hoping for some decent sized bonuses this and hopefully next year to start helping get us back on a more explosive growth path (plus losing daycare and car payment expenses to improve the monthly cashflow).
Double Chin Finn
Posts: 16
Joined: Sat Jun 23, 2018 2:52 am

Re: Share your net worth progression

Post by Double Chin Finn »

2014: $4,300 (Started last year of grad school...age 26)
2015: $17,000 (Graduated in June of that year and started working full time in September...age 27)
2016: $46,000 (age 28)
2017: $104,000 (age 29)
2018: $146,000 (age 30
2019: $223,000 (age 31)
2020: $323,000 (age 32)
2021: $486,000 to date

I liquidated a bunch of call options and individual stock positions that have ran up quite nicely. I'm hoping to hopefully hit 500k by the end of the year. Not really likely in that timeframe, but I'm almost there regardless.
alfaspider
Posts: 4816
Joined: Wed Sep 09, 2015 4:44 pm

Re: Share your net worth progression

Post by alfaspider »

Normchad wrote: Mon Oct 25, 2021 6:07 pm
000 wrote: Mon Oct 25, 2021 6:02 pm
Normchad wrote: Mon Oct 25, 2021 6:00 pm
000 wrote: Mon Oct 25, 2021 5:57 pm
sjl333 wrote: Mon Oct 25, 2021 5:54 pm Hodling until minimum 2030. Tesla is and will become a bigger juggernaut.
I am going to have to disagree but if you're right your 401k is going to have some monster RMDs in the future. :twisted:
Gotta buy it in the Roth. That’s how you get billions in your Roth…..
Then you also gotta grease the right gears or the system starts to look at your Roth kinda funny :wink:
I just made myself ill…… buying Tesla in the Roth for the past 10 years would have turned out okay.


https://www.portfoliovisualizer.com/bac ... ion1_1=100
And if I had just picked the right powerball numbers, I’d be worth 9 figures.
toto238
Posts: 1914
Joined: Wed Feb 05, 2014 1:39 am

Re: Share your net worth progression

Post by toto238 »

bigtex wrote: Wed Nov 25, 2020 12:11 pm
toto238 wrote: Tue Nov 24, 2020 1:29 pm I haven't been keeping meticulous track of my net worth but a few milestones that are worth mentioning:

2013: Graduated college, net worth -$80k approximately due to student loans

2016: Bought first home, net worth finally hit approximately $0

2019: Net worth surpassed +$100k

November 2020: My calculated net worth has surpassed +$250k

A large portion of the big jump in the last year and change has been due to estimated appreciation in the value of my home. Of my total net worth, $97k of that $250k is home equity.

Assets (493k) - liabilities (243k) gets us that quarter million figure.

I'm wary of counting on home equity as part of my net worth, as it's somewhat impossible to know exactly what your home is worth until you actually go to market to sell it. Not to mention real estate transactions are generally way more expensive than other types of financial transactions, with losing 5-10% in fees being somewhat common.

At the pace I'm currently on, I could be surpassing $1m as soon as 2033 (age 41). But that would require the 10.5% ROI i've been getting to continue, which is an aggressive assumption. Assuming a more reasonable 8% nominal ROI i'd still be hitting $1mil at age 43. Using a conservative 6% then I get there at age 46. Which puts hitting $2m sometime in my 50s a very reasonable target, and with luck from the markets and if i'm able to increase my savings rate hitting $2m in my 40s could even be achievable. I have hope that i'm nearing a point in my career where I might start to see substantial increases in pay without substantial increases in expenses, so we will see how that pans out.
If you don’t mind me asking, what was your income during this time frame and also your savings rate?
Sure I don't mind. Our household's joint gross income started in 2013 at about 55k when I was the only one working. my wife got her first post-college job in 2014 and our income jumped to about 80k. It has grown continually since then and last year sat at 128k for the household.

I don't know my exact savings rate, but over our entire household income it's likely in the 10-20% range.

Since my last post, my home appreciated significantly in value adding another $100k to my net worth, meanwhile my general savings have improved another roughly 30-40k. So things are looking up.
Activesloth
Posts: 133
Joined: Wed Oct 20, 2021 7:03 pm

Re: Share your net worth progression

Post by Activesloth »

Immigrated to the US in 1990, landing in New York City. I was 33, and my wife was 28. We were broke and jobless. Lived in a vermin infested apartment in Brooklyn, sleeping in a second hand mattress. First job paid $2 an hour. Read a Vanguard ad in the New York Times, and opened an account. Finally, got real jobs. Moved to New Mexico in 1996, and bought a modest home for $145k. Kept working and saving. Moved to Arizona in 2007. Lost half my investments in market crash, and left with 600k. Kept invested in S and P 500 and extended market. Burned out at 54, and decided to retire. Got clobbered investing in physical gold. Timed the market in 2020, and increased my portfolio by 60%. Now 64 and still retired. No mortgage. Kids done with college. Currently have $5 million in my portfolio.
Keenobserver
Posts: 1043
Joined: Thu Aug 13, 2015 1:05 pm

Re: Share your net worth progression

Post by Keenobserver »

WhiteMaxima wrote: Fri Oct 22, 2021 12:57 pm My net worth is my personal matter. Won't share.
The why share that you drive a white maxima? Weird.
WhiteMaxima
Posts: 3338
Joined: Thu May 19, 2016 5:04 pm

Re: Share your net worth progression

Post by WhiteMaxima »

Keenobserver wrote: Thu Oct 28, 2021 2:36 pm
WhiteMaxima wrote: Fri Oct 22, 2021 12:57 pm My net worth is my personal matter. Won't share.
The why share that you drive a white maxima? Weird.
Who drives a white maxima? Weird.
Dakotah
Posts: 179
Joined: Sun Jun 13, 2010 9:28 pm

Re: Share your net worth progression

Post by Dakotah »

Dakotah wrote: Sat Jun 05, 2021 9:54 am
Dakotah wrote: Sun Aug 30, 2020 12:17 pm I feel compelled to share...partially because my path is so unusual...and partially to hold myself accountable for the next few years.

2000: -$12,000 ("dropped" out of college and joined the military with car debt and student loans. Income ~$13k + benefits)
2001: -$10,000 (nibbling away at debts...and had my first "investing" experience with First Command, which bilked me for 50% of my first years' deposits. This bad experience really is what drove me to start learning about investing and personal finance)
2003: +$2000 (paid off car/loans prior to being stationed overseas. Truly living hand-to-mouth on $20k income + benefits)
2004: +$18,000 (Income ~$25k...First began investing in TSP and Roth IRA w/Vanguard)
2006: +$60,000 (Income ~$30k...received a nice re-enlistment bonus while transferring into an in-demand field. Also got married)
2009: +$90,000 (Income ~$40k. I was in Iraq during the bulk of the market meltdown...which made "staying the course" much easier)
2012: +$150,000 (income ~$50k + benefits. Continuing to max 2x Roth IRA + some TSP contributions)
2015: +$250,000 ($53k income. Income potential has plateau'd for my military career. Begin devoting more efforts to preparing more for my post-military career)
Jan 2020: +$425,000 ($355k income. I retire from the military right at 20 years. My VA disability claim goes very favorably. Wife's VA disability is upgraded due to emerging issues tied to burn-pit exposure. I am incredibly fortunate to receive job offer from a household-name tech company. Almost simultaneously, spouse completes Bachelors degree and receives a full-time offer.)
Aug 2020: +$621,000 (Sticking to the plan established in January...both jobs remaining stable thus far. Saving over 40% of our income. Goal is to "retire" in approximately 10 years with a $2.5m-$3m networth + military benefits)
June 2021: +$935,000 (Hoping to reach the 2-comma club by the end of the year)
October 2021: +$1,025,000 (reached the two-comma club as of this week). It feels nice to reach this goal so much earlier than I would have thought possible, but recent inflation really drives home the point that being a millionaire doesn't mean as much as it used to.
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