NOTE: I am posting our January net worth update early because I will be busy training at my new job next week🙂
Overall
2017 got off to a pretty good start.  We saw awesome gains in the market but the were offset a bit by pulling cash from savings. In January, our net worth increased $3,007.34 from last month to a total of $520,437.98 (see spreadsheet screenshot).  It was great to pass our net worth milestone of $520K this month.
Retirement Accounts
Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs. We contribute 5% to my wife’s 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 (both 100% vested when deposited). My wife contributed $500 to her 401(k) and her company deposited another $1,000 into her 401(k) for her 5% match and 5% extra “chip in”.   The total balance of our retirement accounts increased $6,081.81 from last month to a total of $214,006.94.
Brokerage Account
Currently, our brokerage account consists of $200 cash and one stock (my wife’s old company) valued at $27.84 (on a $2,000.00 in initial investment). YeahL
Cash & Savings Accounts
Cash and savings accounts consists of a small sum of cash at home and our online savings account balance. It does not include our checking account balance that we use to pay our bills each month. This month our cash and savings accounts decreased $4,870.92, bringing the total to $3,554.72.  We pulled money out to pay for some water damage in our home and do a roof repair.
College Savings Accounts
Our kids have 529 Plans through Vanguard. This month, we contributed $0 to our son’s 529 Plan and it increased $92.68 from last month to a total balance of $17,394.58. We also contributed $0 to our daughter’s 529 Plan and it increased $46.11 from last month to a total balance of $8,633.13.
Home
We use the $528K purchase price that we paid in July 2016 for our home value. Current comps in the area are ~$530K. The current balance of our 15-year, 2.85% mortgage loan is $252,959.06. We paid $100 extra towards principal this month.
Cars
My wife has a company vehicle (and gas card) and I have a 2012 sedan with 60K miles. The loan balance on my car is $11,138.31 at 1.99%.
Credit Card Balance
We do not currently have a credit card balance that is not paid in full each month.