Net Worth

August 2025 Net Worth Update (-88,368.65)

Overall

August was a down month for our net worth.  Our net worth decreased $88,368.65 from last month to a total of $2,611,138.76 (see spreadsheet screenshot).  

Retirement Accounts

Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  My Wife contributes 7% (just went up 1% this month) to her 401(k) and her company matches 4% and chips in an additional 6% at the end of the year.  Her 401(k) increases 1% automatically in March every year.  This month, she contributed $1,281.36 to her 401(k).  I do not work and do not contribute to a retirement account any longer.  The total balance of our retirement accounts decreased $56,060.69 from last month to a total of $1,309,279.61.

Brokerage Account

Currently, our brokerage accounts consist 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 $584,099.88, down $38,340.34 from last month.

Cash & Savings Account

Cash and savings accounts consist of a small sum of cash at home, our online savings accounts balance. It does not include our checking account balance that we use to pay our bills each month.  Our savings increased $3,494.80 this month to a total of $5,096.27.

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $165 to our son’s 529 Plan and it increased $1,586.81 from last month to a total balance of $94,531.66.  We contributed $165 to our daughter’s 529 Plan and it increased $1,179.84 from last month to a total balance of $67,453.69.  Our total 2025 contributions so far are $3,823 for our son and $3,823 for our daughter.

Home                                                      

For our home value, we use the $528K purchase price that we paid in July 2016.  Current comps in the area are ~$912K.  We paid off our home in September 2021.

Vehicles

My wife drives a company vehicle and has a company gas card.  I drive a 2017 SUV (~110K miles on odometer) that we own (no auto loan). 

Credit Card Balance

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

Income Statement

July 2025 Income Statement

In July, we had a typical income month and relatively low expenses.  I thought my wife’s company stock sale would go through this month but it’s actually next month.

This month, our total net income was $12,881.49.  In addition to my wife’s regular paychecks, she received no company reimbursements (will receive two reimbursements next month.  We also earned $17.90 in interest income from our savings account.

This month, our expenses totaled $12,355.77.  Large, non-fixed expenses included $1,035for home maintenance and $760.65 for clothing.

Next month, my wife should be able to sell some of her company stock for ~$6,000 gross.

Net Worth

July 2025 Net Worth Update (+145,177.15)

Overall

July was an amazing month.  We passed our net worth milestones of $2,620,000 to $2,750,000 (it’s dropped a bit since then).  Our net worth increased $145,177.15 from last month to a total of $2,699,507.41 (see spreadsheet screenshot).  

Retirement Accounts

Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  My Wife contributes 7% (just went up 1% this month) to her 401(k) and her company matches 4% and chips in an additional 6% at the end of the year.  Her 401(k) increases 1% automatically in March every year.  This month, she contributed $1,281.36 to her 401(k).  I do not work and do not contribute to a retirement account any longer.  The total balance of our retirement accounts increased $91,648.85 from last month to a total of $1,365,340.30.

Brokerage Account

Currently, our brokerage accounts consist 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 $622,440.22, up $53,000.75 from last month.

Cash & Savings Account

Cash and savings accounts consist of a small sum of cash at home, our online savings accounts balance. It does not include our checking account balance that we use to pay our bills each month.  Our savings decreased $4,616.80 this month to a total of $1,601.47 because we are preparing to replace both of our home air conditioners next month.

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $165 to our son’s 529 Plan and it increased $3,110.59 from last month to a total balance of $92,944.85.  We contributed $165 to our daughter’s 529 Plan and it increased $2,265.14 from last month to a total balance of $66,273.85.  Our total 2025 contributions so far are $3,658 for our son and $3,658 for our daughter.

Home                                                      

For our home value, we use the $528K purchase price that we paid in July 2016.  Current comps in the area are ~$925K.  We paid off our home in September 2021.

Vehicles

My wife drives a company vehicle and has a company gas card.  I drive a 2017 SUV (~108K miles on odometer) that we own (no auto loan). 

Credit Card Balance

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

Income Statement

June 2025 Income Statement

In June, we had an excellent income month but also a large month of expenses.

This month, our total net income was $19,532.82.  In addition to my wife’s regular paychecks, she received a quarterly bonus of $11,475 gross ($7,134.31 net) and $19.99 in company reimbursements.  We also earned $15.31 in interest income from our savings accounts.

This month, our expenses totaled $18,224.24.  Large non-fixed expenses included $4,842.85 for insurance, $4,842 for insurance, $1,805 for vacations, and $427 for clothing.

Next month, my wife should be able to sell some of her company stock for ~$6,000 gross.

Net Worth

June 2025 Net Worth Update (+21,972.10)

Overall

In June, our net worth increased $21,972.10 from last month to a total of $2,554,330.26 (see spreadsheet screenshot).  

Retirement Accounts

Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  My Wife contributes 7% (just went up 1% this month) to her 401(k) and her company matches 4% and chips in an additional 6% at the end of the year.  Her 401(k) increases 1% automatically in March every year.  This month, she contributed $1,855.11 to her 401(k).  I do not work and do not contribute to a retirement account any longer.  The total balance of our retirement accounts increased $35,702.06 from last month to a total of $1,273,691.45.

Brokerage Account

Currently, our brokerage accounts consist 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 $569,439.47, down $19,153.97 from last month.

Cash & Savings Account

Cash and savings accounts consist of a small sum of cash at home, our online savings accounts balance. It does not include our checking account balance that we use to pay our bills each month.  Our savings decreased $1,314.32 this month to a total of $6,218.27.

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $165 to our son’s 529 Plan and it increased $4,043.97 from last month to a total balance of $89,834.26.  We contributed $165 to our daughter’s 529 Plan and it increased $2,928.08 from last month to a total balance of $64,008.71.  Our total 2025 contributions so far are $3,493 for our son and $3,493 for our daughter.

Home                                                      

For our home value, we use the $528K purchase price that we paid in July 2016.  Current comps in the area are ~$925K.  We paid off our home in September 2021.

Vehicles

My wife drives a company vehicle and has a company gas card.  I drive a 2017 SUV (~108K miles on odometer) that we own (no auto loan). 

Credit Card Balance

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

Income Statement

May 2025 Income Statement

In May, we had an average month of income but a huge moth of expenses.

This month, our total net income was $11,955.64.  In addition to my wife’s regular paychecks, she received $104.99 in company reimbursements.  We also received an $85 rebate and earned $28.71 in interest income from our savings accounts.

This month, our expenses totaled $20,650.41.  Large expenses included $4,382 for vacations, $2,089 for sitters, and $1,170 for medical.

Next month, my wife will receive a quarterly bonus of ~$11,000 gross but we also have two large insurance bills due (property and auto).

Our path to financial independence and retiring early.