Share Your FIRE Milestones - 2021

[pjigar]

Quote:

Originally Posted by Vincenzo Corleone New personal high. And if my calculations are correct - taking a pension into consideration - we're looking at a 1.42% WR (1.88% WR not considering the pension) to meet our pre-Covid standard of living. Someone pinch me.

So what are you waiting for. Chase the sun.

[SN01]

Quote:

Originally Posted by Dtail Nice post.

Yes, I like this one. I hope to do the same.

[SN01]

I have been a long time lurker here and I much appreciate the information and dialogue on this site. A new milestone flirting with 1M in invested assets this year. Over time the overall goal has changed some, but looking back at 2015 to now, its been wild to see the change. I hope to start feeling the weight of the "snowball effect" over the next 8-9 years.

2015 Feb
Age 40

Net Assets 500K
Net worth 400K
Invested Assets 300K


2021 June
Age 47

Net Assets 1.4M
Net worth 1.2M
Invested Assets 950K

[F.I.R.E User]

Quote:

Originally Posted by SN01 I have been a long time lurker here and I much appreciate the information and dialogue on this site. A new milestone flirting with 1M in invested assets this year. Over time the overall goal has changed some, but looking back at 2015 to now, its been wild to see the change. I hope to start feeling the weight of the "snowball effect" over the next 8-9 years. 2015 Feb Age 40 Net Assets 500K Net worth 400K Invested Assets 300K 2021 June Age 47 Net Assets 1.4M Net worth 1.2M Invested Assets 950K

Age 43 here. I have $535k NW. I will take $1M at your age.

[RISP]

Quote:

Originally Posted by pjigar If you noticed your investments pot roughly doubles every 3 years! We save significant portion of income as well so my overall Networth also has been doubling every 3 years for the last 15 years. You will start to see snowballing very soon but don't let the lifestyle creep happen.

I'd take that, but realistically, I expect it to take closer to 8 years for my holdings to double again. The bigger the stash gets, the less impact my contributions have.

[Koogie]

Quote:

Originally Posted by SN01 I have been a long time lurker here and I much appreciate the information and dialogue on this site. A new milestone flirting with 1M in invested assets this year. Over time the overall goal has changed some, but looking back at 2015 to now, its been wild to see the change. I hope to start feeling the weight of the "snowball effect" over the next 8-9 years. 2015 Feb Age 40 Net Assets 500K Net worth 400K Invested Assets 300K 2021 June Age 47 Net Assets 1.4M Net worth 1.2M Invested Assets 950K

That is a beautiful progression of numbers. If you are not already feeling the effects of passive growth and snowballing I would say you are on the very cusp of it.

[dukebound85]

Wife and I are 36 with a newborn

We recently reached:
- investable assets of 410K
- property equity of 380k (two rentals and primary)
- total NW is almost 795k (or ~650k not including primary home)

Really starting saving with intent 2 years ago. We both always LBYM but focused on saving in the bank and not investing (big mistake) and using that for downpayment on homes.

Can't wait to have her and I both leave the rat race!

[Sojourner]

Quote:

Originally Posted by Sojourner I recently hit a big milestone, one that I never actually envisioned for myself when I first started thinking about FIRE nearly ten years ago. My total net worth reached $5 million last month. That does include the market value of my home, which I usually don't count when calculating my NW. But when I saw that number on my screen a few weekends ago, it felt a bit surreal... and incredibly satisfying. Looking forward to celebrating the same milestone again fairly soon (hopefully), using only my investable NW. Feeling very fortunate these days. And glad I have this great E-R.org community to share my happy news with.

As I mentioned in the above quote a mere four months ago, my total net worth (including the value of my home) hit $5 million for the first time. Well, here I am again to report that my investable net worth has now also reached $5 million! Since my home has a market value of just under $400k, that means that my investable NW has soared by roughly $100k/month recently. Pretty amazing to contemplate these kinds of numbers.

[Downtown]

We hit two milestones this week:

Ages: 56 & 56

$4.5M NW
$3.0M portfolio/savings

Feeling satisfied…it’s nice to be able to share with this community. Best wishes to everyone on your personal journey.

[Vincenzo Corleone]

Quote:

Originally Posted by Downtown We hit two milestones this week: Ages: 56 & 56 $4.5M NW $3.0M portfolio/savings Feeling satisfied…it’s nice to be able to share with this community. Best wishes to everyone on your personal journey.

Nice!!

[Vincenzo Corleone]

Quote:

Originally Posted by Sojourner As I mentioned in the above quote a mere four months ago, my total net worth (including the value of my home) hit $5 million for the first time. Well, here I am again to report that my investable net worth has now also reached $5 million! Since my home has a market value of just under $400k, that means that my investable NW has soared by roughly $100k/month recently. Pretty amazing to contemplate these kinds of numbers.

Amazing, indeed! Congrats!

[refi]

Hit $4.5M!! Woot Woot! 41 and Still don't know what I want to do when I grow up! But feeling blessed to be where I'm at. I just need remember to smell the roses along the way!

Equities - 2.2M
Properties (Equity) -1.8M (Probably more toward $2M given current RE cycle)
HYSA/Cash/CD/Bonds - 500k

Progression:
2016 - 1.0M
2017 - 1.4M
2018 - 2.3M
2019 - 2.6M
2020 - 3.4M
2021 - 4.5M

[mebden]

Quote:

Originally Posted by refi Hit $4.5M!! Woot Woot! 41 and Still don't know what I want to do when I grow up! But feeling blessed to be where I'm at. I just need remember to smell the roses along the way! Equities - 2.2M Properties (Equity) -1.8M (Probably more toward $2M given current RE cycle) HYSA/Cash/CD/Bonds - 500k Progression: 2016 - 1.0M 2017 - 1.4M 2018 - 2.3M 2019 - 2.6M 2020 - 3.4M 2021 - 4.5M

Hey refi congrates on your gains just curious what kind of mix ur investments in to get those great yearly gains

[street]

refi >>> not to shabby 3.5M in gains, in 5 years on 1M start out number. Can you let us know what variety of tree you are growing?? Lol

Thanks for sharing your success.

[cyber888]

March 2020 (401K only) = $527K --> June 2021 (401K only) = $753K (hit quarter of mil)
Total Investments (401K, IRA, Savings in 2020) = $800K --> June 2021 = $950K
Home Mortgage 2020 = $170K (debt) --> June 2021 = $78K (debt) - big pay off
NW (2020) = $1.15 Mil --> NW (June 2021) = $1.45 Mil

Hopefully getting to $1.2 Mil in Total Investments next year and reduce Home mortgage to $50K - $60K

[targatom2019]

1980-$0, with just a shirt on my back coming to this country as a refugee.
2021- NW 9.2M(4.9M stock/bonds, 4.3M in real estate)

Thank you America for the opportunity

[F.I.R.E User]

Quote:

Originally Posted by targatom2019 1980-$0, with just a shirt on my back coming to this country as a refugee. 2021- NW 9.2M(4.9M stock/bonds, 4.3M in real estate) Thank you America for the opportunity

Where did you move from? And you did this living in So Cal? Do you still have that shirt?

[targatom2019]

Quote:

Originally Posted by F.I.R.E User Where did you move from? And you did this living in So Cal? Do you still have that shirt?

Vietnam 5 years after the war. LOL, I don't have that shirt anymore and yes, I have been in Socal my whole life.

[F.I.R.E User]

Quote:

Originally Posted by targatom2019 Vietnam 5 years after the war. LOL, I don't have that shirt anymore and yes, I have been in Socal my whole life.

Nice.

[mebden]

Quote:

Originally Posted by cyber888 March 2020 (401K only) = $527K --> June 2021 (401K only) = $753K (hit quarter of mil) Total Investments (401K, IRA, Savings in 2020) = $800K --> June 2021 = $950K Home Mortgage 2020 = $170K (debt) --> June 2021 = $78K (debt) - big pay off NW (2020) = $1.15 Mil --> NW (June 2021) = $1.45 Mil Hopefully getting to $1.2 Mil in Total Investments next year and reduce Home mortgage to $50K - $60K

Like I said congratulations on your returns 270000 in less than a year quit impressive you should share what you invested in to make that great return was it also money you put in your self? Also paying your mortgage down where the funds come to lower that? Your salary?