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It’s been almost two years since my last update, so I wanted to write in with our latest progress. Back in June 2013, our net worth was approximately $775,000 excluding home equity of approximately $275,000. Now, our combined net worth is up to $1,450,000 (plus another $285,000 of home...

We are 31/33 years old, working in finance and consulting. Combined annual income is $500K-600K, depending on bonuses. We put away approximately 65% of our after-tax income for retirement.

Congratulations on the impressive NW increase in the past few years! We are pretty much where you were when you first started this thread, in terms of liquid assets, income, and non-mortgage expenses, except that we don't have investment property. We are also hopefully on a 7-10 year...

I just crunched our numbers, and our net worth is now $1.2 million ($950K liquid assets + $250K home equity). This is a 25% increase from six months ago, so I'm super happy about this milestone. Based on current spending, we will need 3x that amount to FIRE, but if we can keep up the savings...

We have not yet FIREd. Our 2013 expenses for two people came out to just under $120K. This includes mortgage and rent (~$30K), travel (~$30K), eating out (~$15K) and gifts/charity ($8K), but does not include income taxes. Income-wise, this was a great year for us, but there was definitely...

Thank you! I'm glad to hear that you are treating yourselves to some additional discretionary spending. After seeing the declining health of our parents in recent years and the untimely passing of a few relatives at very young ages, I've definitely come to appreciate the preciousness of life...

Thanks! We came very close... we saved 100% of my regular salary and his bonus. However, my own bonus last year was much larger than expected (as result of an extremely stressful year at work), so we spent half of that unexpected "windfall" on treating our parents (and ourselves) to a trip to...

It’s been about two years since my last substantive post here, so I wanted to check back with a progress report – that can also serve as a snapshot that I can come back to in the future. Back in May 2011, our net worth (excluding home equity) was approximately $320K. Most of that sum was in...

Vanguard: 3.8% TSP: 16.4% Total portfolio up about 5% last year.

These are some of the things that we've done to reduce spending in the past year. The bulk of the cost savings come from moving in with the BF and combining expenses. I didn't realize how much this saves us every year, but it really adds up. Housing and utilities: Now that we aren't...

I have an iPad 1 (16GB/3G) that I bought last year when it first came out. At the time, I didn't have a smartphone and I really wanted 3G access, so the iPad's no commitment, unlimited data contract was very attractive. I love my iPad, and use it pretty much every day. Mostly, I surf the web...

Thanks, everyone! Meadbh - We don't have any joint property or DP agreement, so a joint taxable investment account would be our only joint property. The BF was the primary income-earner while I was in professional school (graduated last year), so he bought the house with his own money...

Thanks, everyone! I spoke with the BF yesterday, and we are going to try tracking our expenses starting next month. I set up an Excel spreadsheet that I've started filling in with our fixed expenses, and I'll try to add the discretionary expenses once a week. Part of me doesn't really want to...

That sounds like a good approach! May I ask what you all use for tracking your expenses? I just signed up for Mint.com but am not sure how that compares to Quicken or other personal finance software.

I can't help but notice that your situation is very similar to ours (late 20s, DINKs with a parent living with us, and $400-450K in total debt, although our mortgage/student loan ratio and interest rates are different than yours). We have decided to work on all three options at the same...

Thanks all for your replies! I have been reading lots of books and trying to learn about different types of investment accounts, indexing, taxes, etc. There is a lot of useful information both here and on the Bogleheads website. My boyfriend is actually an investment banker, but he knows...

Hi all, I’ve been lurking for about a month now, but decided it was time to register. This forum has been so inspiring and there is so much useful advice! My boyfriend and I are a gay couple in our late 20s living in the San Francisco Bay Area. We currently earn relatively high salaries...