Category Archives: Net Worth

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 [...]

October 2015 Net Worth Update (+9,030.24)

Overall Our net worth increased $9,030.24 this month, to a total of $316,922.56 (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 5% to my wife’s 401(k) and 20% to my 401(k). My wife’s company matches up to 3% of her 401(K) contribution and deposits the sum once a year on January 1st (it is 100% vested when deposited My company matches up to $1,000 per year (vested Read more [...]

September 2015 Net Worth Update (+9,930.42)

Overall September was a nice turnaround from last month. Our net worth increased $9,930.42 this month, to a total of $307,892.32 (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. In an effort to accumulate some cash, we reduced my wife’s 401(k) contribution from 10% to 5% and my 401(k) contribution from 25% to 20%. My wife’s company matches up to 3% of her 401(K) contribution Read more [...]

August 2015 Net Worth Update (-9,235.52)

Overall Crazy month in the market! It’s a great time to invest if you have time on your side. Our net worth decreased $9,235.52 this month, to a total of $297,961.90 (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 25% to my 401(k). My wife’s company matches up to 3% of her 401(K) contribution and deposits the sum once a year Read more [...]

July 2015 Net Worth Update (+2,248.57)

Overall Our net worth increased $2,248.57 this month, to a total of $307,197.42 (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 25% to my 401(k).  My wife’s company matches up to 3% of her 401(K) contribution and deposits the sum once a year on January 1st (it is 100% vested when deposited  My company matches up to $1,000 per Read more [...]