Category Archives: Net Worth

October 2016 Net Worth Update (-$1,027.38)

Overall In October, our net worth decreased $1,027.38 to a total of $491,231.66 (see spreadsheet screenshot).  Almost all the reduction was due to the stock market performance. Retirement Accounts Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contribute 10% to my 401(k) and 5% to my wife’s 401(k).  My company matches up to $1,000 per year (vested over five years).  My wife’s company matches up to 5% of her 401(K) contribution Read more [...]

September 2016 Net Worth Update (+3,400.08)

Overall In September, our net worth increased $3,400.08 to a total of $492,259.04 (see spreadsheet screenshot).   The increase can from retirement savings contributions and paying down debt.  The biggest surprise this month was to learn on 9/28/16 that my company is laying off my team and our final day is 10/3/16.  I will receive 3 weeks severance, ~7 days cashed out PTO, and a final bonus check of ~$2,400 gross. Retirement Accounts Our retirement accounts are comprised of our Read more [...]

August 2016 Net Worth Update (-3,405.11)

Overall In August, our net worth decreased $3,405.11 to a total of $488,858.96 (see spreadsheet screenshot).   The decrease was primarily from selling our vehicle at a loss and having to dip into savings. Retirement Accounts Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contribute 10% to my 401(k) and 5% to my wife’s 401(k).  My company matches up to $1,000 per year (vested over five years).  My wife’s company matches up to Read more [...]

July 2016 Net Worth Update (+$14,372.07)

  Overall In July, our net worth increased $14,372.07 to a total of $492,264.07 (see spreadsheet screenshot).   Our increase was a combination of saving, investing, and market returns. Retirement Accounts Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contribute 10% to my 401(k) and 5% to my wife’s 401(k).  My company matches up to $1,000 per year (vested over five years).  My wife’s company matches up to 5% of her 401(K) Read more [...]

June 2016 Net Worth Update (+$139,325.19)

Overall In June, our net worth increased $139,325.19 to a total of $477,892.00 (see spreadsheet screenshot).   Most of our increase came from selling our home for $685K, ~$330K more than we owed on it.  We were in escrow on a new property but it fell through two days before closing due to a tax lien they had on their property.  No worries though, we found a nicer home in a better neighborhood in only two days. Retirement Accounts Our retirement accounts are comprised of our 401(k)s, Read more [...]

May 2016 Net Worth Update (-6,588.07)

Overall In May, our net worth decreased $6,588.07 to a total of $338,566.81 (see spreadsheet screenshot).   The main reason our net worth decreased was because we sold Car 1 at a loss in May.  The good news is that we are in the process of selling our house for $685K and buying a larger house, in a lower cost of living area, for $465K.  God willing, if it all goes through as planned, our new 15-year mortgage will be less than $200K. Retirement Accounts Our retirement accounts are Read more [...]

April 2016 Net Worth Update (+6,735.24)

Overall In April, our net worth increased $6,735.24 to a total of $345,154.88 (see spreadsheet screenshot). Retirement Accounts Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contribute 15% to my 401(k) and 7% to my wife’s 401(k).  My company matches up to $1,000 per year (vested over five years).  My wife’s company matches up to 5% of her 401(K) contribution and chips in an additional 5% on top of the match (both 100% vested Read more [...]

March 2016 Net Worth Update (+$9,578.32)

Overall In March, our net worth increased $9,578.32 to a total of $338,419.64 (see spreadsheet screenshot). Retirement Accounts Our retirement accounts are comprised of my wife’s 401(k), my 401(k), our Roth IRAs and our Traditional IRAs.  We contribute 7% to my wife’s 401(k) and 15% to my 401(k).  My wife’s company matches up to 5% of her 401(K) contribution and chips in an additional 5% on top of the match (it is 100% vested when deposited).  My company matches up to $1,000 per Read more [...]

December 2015 Net Worth Update (+$6,852.72)

 Overall In December, we passed the net worth milestone of $330,000, thanks mainly to my wife’s $4,489 cashed in PTO and my monthly bonus of $2,764.10 gross ($1,584.05 net). Our net worth increased $6,852.72 this month, to a total of $331,113.94 (see spreedsheet screenshot). My wife and her team were informed that 12/31/15 was their last day of work. Thankfully, she will receive ~$34K in severance and bonus in January. Retirement Accounts Our retirement accounts are comprised of my Read more [...]

November 2015 Net Worth Update (+$7,338.66)

Overall In November, we passed the net worth milestone of $320,000. This was achieved, primarily, due to my wife’s $11,500 gross ($6909.37 net) quarterly bonus. Our net worth increased $7,338.66 this month, to a total of $324,261.222 (see spreadsheet screenshot). Retirement Accounts Our retirement accounts are comprised of my wife’s 401(k), my 401(k), our Roth IRAs and our Traditional IRAs. We contribute 10% to my wife’s 401(k) and 20% to my 401(k). My wife’s company matches Read more [...]