December 2021 Net Worth Update (-$143,934.43)


December was a rough month for our net worth.  Our net worth decreased $143,934.43 from last month to a total of $1,759,061.09 (see spreadsheet screenshot). 

Retirement Accounts

Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contribute 7% to my wife’s 401(k).  My wife’s company matches up to 6% of her 401(K) contribution and chips in an additional 3% on top of the match at the end of the year (vests over 5 years).  This month, she contributed $911.10 to her 401(k).  Since I am unemployed, I did not contribute anything to my retirement accounts.  The total balance of our retirement accounts decreased $21,425.02 from last month to a total of $638,114.43  

Brokerage Account

Currently, our brokerage account consists of stocks and cryptocurrency (I prefer to track crypto in the “Brokerage Accounts” field rather than “Cash & Savings Accounts”).  The total current value of our brokerage accounts is $397,743.80, down $125,728.20 from last month.

Cash & Savings Account

Cash and savings accounts consists of a small sum of cash at home, our online savings accounts balance and stablecoins that we earn interest on. It does not include our checking account balance that we use to pay our bills each month.  Our savings increased $1,387.20 this month to a total of $27,083.63.   

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $0 to our son’s 529 Plan and it increased $1,539.39 from last month to a total balance of $53,343.31.  We contributed $0 to our daughter’s 529 Plan and it increased $1,000.55 from last month to a total balance of $34,671.16. Total 2021 contributions are $3,950 for our son and $3,990 for our daughter.


For our home value, we use the $528K purchase price that we paid in July 2016.  Current comps in the area are ~$850K.  We paid off our home in September 2021.


My wife drives a company vehicle and has a company gas card.  I drive a 2017 SUV (~85K miles) that we own that is paid off.  In addition, we own a 2013 ski boat that is paid off.

New Vehicle Fund

Our new car fund is intended to cover future vehicles for our family.  Contributions are invested in cryptocurrencies. We track these crypto investments separately for our others (see brokerage account above). This month, our new car fund decreased $680.02 from last month to a total of $2,884.33.

Credit Card Balance

All of our credit card debt is paid in full each month.