Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 02-04-2021, 04:44 PM   #81
Thinks s/he gets paid by the post
gayl's Avatar
 
Join Date: Jun 2004
Location: Diablo Valley (SF Bay Area)
Posts: 2,033
Not sure how this happened, wasn't 2020 supposed to be a bad year? 880k without house or pension values. Currently adding 1k month to savings travel account not tracked elsewhere which is another 40k as it's too hard to travel. Add those values in & subtract my 'debts' ($179 - pd groomers $90 yesterday + $74 to ATT) and my net is 2.58m per My Portfolio app ...

Honestly, I usually only draw 4k a year from IRA with a 75% / 25% split to IRS / State taxes. Taking SSA in May and that'll just be added to brokerage or gifted to kids

how did this happen? Had 80k when I left county
gayl is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 02-05-2021, 08:33 PM   #82
Recycles dryer sheets
 
Join Date: Jun 2013
Posts: 140
$1M in retirement assets as of today
HenryD is offline   Reply With Quote
Old 02-05-2021, 08:41 PM   #83
Recycles dryer sheets
 
Join Date: Mar 2020
Location: Somewhere Cold
Posts: 174
Quote:
Originally Posted by HenryD View Post
$1M in retirement assets as of today
Congratulations!
__________________


-AM23
ArmchairMillionaire23 is offline   Reply With Quote
Old 02-05-2021, 08:43 PM   #84
Thinks s/he gets paid by the post
street's Avatar
 
Join Date: Nov 2016
Posts: 4,252
^ I'm very happy for you!! If not retired when do you wish to do so??
street is offline   Reply With Quote
Old 02-05-2021, 09:10 PM   #85
Recycles dryer sheets
 
Join Date: Jun 2013
Posts: 140
Quote:
Originally Posted by street View Post
^ I'm very happy for you!! If not retired when do you wish to do so??
Thanks! February 7th, 2025, at the latest!
HenryD is offline   Reply With Quote
Old 02-05-2021, 09:17 PM   #86
Thinks s/he gets paid by the post
street's Avatar
 
Join Date: Nov 2016
Posts: 4,252
Outstanding!!
street is offline   Reply With Quote
Old 02-06-2021, 09:35 AM   #87
Recycles dryer sheets
Vincenzo Corleone's Avatar
 
Join Date: Jul 2005
Posts: 368
Quote:
Originally Posted by HenryD View Post
$1M in retirement assets as of today
Congratulations! As they say, the first million is the hardest. Here's hoping your next million comes a bit easier for you.

Probably like a lot of people reading these message boards, my wife and I reached a new all-time high.

Lastly, I'd like to call out the user street for always being so genuinely encouraging to people. He makes me want to be a better person.
__________________
I left the workforce in December of 2017. My wife still works.
Vincenzo Corleone is offline   Reply With Quote
Old 02-06-2021, 10:03 AM   #88
Thinks s/he gets paid by the post
street's Avatar
 
Join Date: Nov 2016
Posts: 4,252
Quote:
Originally Posted by Vincenzo Corleone View Post
Congratulations! As they say, the first million is the hardest. Here's hoping your next million comes a bit easier for you.

Probably like a lot of people reading these message boards, my wife and I reached a new all-time high.

Lastly, I'd like to call out the user street for always being so genuinely encouraging to people. He makes me want to be a better person.


That is so very kind of you to say, and thank you!
street is offline   Reply With Quote
Old 02-06-2021, 11:35 AM   #89
Thinks s/he gets paid by the post
Sojourner's Avatar
 
Join Date: Jan 2012
Posts: 1,441
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.
Sojourner is offline   Reply With Quote
Old 02-06-2021, 11:42 AM   #90
Thinks s/he gets paid by the post
gayl's Avatar
 
Join Date: Jun 2004
Location: Diablo Valley (SF Bay Area)
Posts: 2,033
Quote:
Originally Posted by Sojourner View Post
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.
Congratulations!!!!
gayl is offline   Reply With Quote
Old 02-06-2021, 11:51 AM   #91
Recycles dryer sheets
Vincenzo Corleone's Avatar
 
Join Date: Jul 2005
Posts: 368
Quote:
Originally Posted by Sojourner View Post
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.
That's great. That surreal feeling is something I've experienced in that past and I anticipate I'll have that same surreal feeling again when I hit my next big milestone. Congrats.
__________________
I left the workforce in December of 2017. My wife still works.
Vincenzo Corleone is offline   Reply With Quote
Old 02-06-2021, 12:33 PM   #92
Recycles dryer sheets
HawaiiShrimp's Avatar
 
Join Date: Nov 2020
Location: So Cal
Posts: 78
Quote:
Originally Posted by ponyboy View Post
Good job. Keep up the good work. With the market in all of our favor, you should be able to hit that in no time.
Thanks. I'm grateful for that indeed.
HawaiiShrimp is offline   Reply With Quote
Old 02-06-2021, 03:06 PM   #93
Recycles dryer sheets
 
Join Date: Apr 2015
Posts: 119
Yesterday we nudged over the next 7 figure net worth milestone. I saved a screenshot as I fear it may not last too long with a market correction possibly looming sooner than later. I would love to be wrong as I'm only 8 months into retirement and would like to build up more confidence.
nap470 is offline   Reply With Quote
Old 02-06-2021, 05:09 PM   #94
Recycles dryer sheets
 
Join Date: Oct 2020
Location: Sugar Land
Posts: 67
I reached $501k today if I count my car’s value of $12k. I turned 43 last month.
F.I.R.E User is offline   Reply With Quote
Old 02-06-2021, 05:24 PM   #95
Recycles dryer sheets
thumbs's Avatar
 
Join Date: Oct 2017
Location: Waterloo
Posts: 68
Nicely done!
thumbs is offline   Reply With Quote
Old 02-06-2021, 07:09 PM   #96
Recycles dryer sheets
 
Join Date: Jun 2013
Posts: 140
Quote:
Originally Posted by Sojourner View Post
My total net worth reached $5 million last month.
That's amazing!
HenryD is offline   Reply With Quote
Old 02-06-2021, 07:24 PM   #97
Dryer sheet aficionado
Aramis's Avatar
 
Join Date: Sep 2017
Posts: 27
Quote:
Originally Posted by jollystomper View Post
In some aspects this milestone brings a few sad thoughts for me. Yesterday was my Dad's birthday. He died in 1994, after 2.5 years of retirement. This month my retirement has now lasted longer than his did. All 7 of his kids were out of the house and independent when he was 64, and he could have retired them. But he chose to work to age 70 to maximize pension and SS survivor benefits for Mom, as she had been primarily a SAHM. They enjoyed much of his retirement, his bout with cancer from diagnosis to his death was short. Mom outlived him by 20 years, and appreciated what he had done for her. So some sad thoughts, but happy thoughts upon reflection as well.
I tip my hat to your father for putting his family first. I hope that give you some comfort.
Aramis is offline   Reply With Quote
Old 02-06-2021, 08:50 PM   #98
Recycles dryer sheets
 
Join Date: Apr 2017
Location: SF East Bay
Posts: 90
Excluding the equity in our home, our net worth is now $3.5 million. I’ll retire this year at 62 and we will slowly get the house ready to sell. The current plan is to eventually move closer to the grandkids in Nevada. Meantime our mortgage payment is only $1310 a month, which is less than we would pay for an apartment.
GoBears is offline   Reply With Quote
Old 02-06-2021, 09:11 PM   #99
Dryer sheet aficionado
 
Join Date: Jun 2019
Location: Denver
Posts: 37
Congratulations on the one million! It snowballs from there. Definitely the first is the hardest.
Rocky mtn high is offline   Reply With Quote
Old 02-08-2021, 12:05 AM   #100
Recycles dryer sheets
 
Join Date: Oct 2020
Location: Sugar Land
Posts: 67
Quote:
Originally Posted by Rocky mtn high View Post
Congratulations on the one million! It snowballs from there. Definitely the first is the hardest.
What about after reaching half million?
F.I.R.E User is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 2 (0 members and 2 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


» Quick Links

 
All times are GMT -6. The time now is 02:40 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2021, vBulletin Solutions, Inc.