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09-24-2012, 08:25 AM
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#41
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Recycles dryer sheets
Join Date: Aug 2009
Location: westerville
Posts: 262
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Skyvue, Congrats on the milestone!!! Awesome Job!!! DW and I celebratred the 1 million mark including house, then 1 million excluding house twice, Then 1.5 excluding house and hope to celebrate the 2nd million sometime in the future.
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09-24-2012, 11:16 AM
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#42
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Location: GTA
Posts: 1,726
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Congrats ! We took different routes to get there but I know the feeling just the same !
Financially speaking, seeing that 7 figure number for the first time was probably the best feeling of my life. It represented hope and the possibility of eventual personal freedom.
Since then it is has been a little less exciting to see the figures on the screen tick upward but I have high hopes for when we hit the 2MM mark as well.
__________________
Family Motto: "Every penny's a prisoner"
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01-24-2013, 09:48 AM
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#43
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Recycles dryer sheets
Join Date: Dec 2009
Location: Cleveland
Posts: 344
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I put this original post out in August of this last year after having my net worth first hit $1 million. At the time, that included the value of my condo. I am happy and surprised that today I hit the next milestone already which is $1 million without the condo. This market rally is a welcome surprise!
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01-24-2013, 10:21 AM
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#44
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Full time employment: Posting here.
Join Date: Feb 2012
Posts: 648
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Congrats!!! That was quick
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01-25-2013, 04:04 AM
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#45
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Thinks s/he gets paid by the post
Join Date: Sep 2010
Location: midwestern city
Posts: 4,061
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Congratulations.
Quote:
Originally Posted by skyvue
I put this original post out in August of this last year after having my net worth first hit $1 million. At the time, that included the value of my condo. I am happy and surprised that today I hit the next milestone already which is $1 million without the condo. This market rally is a welcome surprise!
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__________________
Very conservative with investments. Not ER'd yet, 48 years old. Please do not take anything I write or imply as legal, financial or medical advice directed to you. Contact your own financial advisor, healthcare provider, or attorney for financial, medical and legal advice.
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01-25-2013, 05:46 PM
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#46
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Thinks s/he gets paid by the post
Join Date: Sep 2010
Location: midwestern city
Posts: 4,061
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Thinking about it, I reached a milestone a few weeks ago : I reached my 40 quarters for SS purposes. Since I am not sure how much my NW is, I have no NW-related milestones, if this makes sense.
Quote:
Originally Posted by skyvue
I put this original post out in August of this last year after having my net worth first hit $1 million. At the time, that included the value of my condo. I am happy and surprised that today I hit the next milestone already which is $1 million without the condo. This market rally is a welcome surprise!
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__________________
Very conservative with investments. Not ER'd yet, 48 years old. Please do not take anything I write or imply as legal, financial or medical advice directed to you. Contact your own financial advisor, healthcare provider, or attorney for financial, medical and legal advice.
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02-06-2013, 10:26 AM
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#47
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Dryer sheet aficionado
Join Date: Feb 2013
Posts: 39
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Nice. When I was 33, I barely had $1500 in my savings account with a debt of 11k in credit card debt hell. Today, its a different story. I'm lucky to have a pension and I've been funding my 401k/Roth.
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02-12-2013, 07:33 PM
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#48
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Dryer sheet aficionado
Join Date: Apr 2012
Location: Baltimore
Posts: 28
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Awesome work! 2 comma club AND mortgage paid off. You should be celebrating, my friend! I look forward to that day....one more club (RE) and you've hit the trifecta!
Good on ya, mate.
GD
__________________
"Waiting for the time when I can finally say....this has all been wonderful, but now I'm on my way" - Trey Anastasio
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02-12-2013, 09:24 PM
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#49
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Thinks s/he gets paid by the post
Join Date: Apr 2007
Posts: 2,360
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Quote:
Originally Posted by obgyn65
Since I am not sure how much my NW is, I have no NW-related milestones, if this makes sense.
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Do you have at least a rough idea of your net worth? If not, I encourage you to sit down with pencil and paper and crunch the numbers. It shouldn't take too long, if you keep reasonable records.
I don't think it's necessary (or even desirable) to always know one's precise NW; but it's good to track this on a regular basis - e.g., annually, or every six months - to ensure that you are making progress.
You can delegate the work to an accountant, bookkeeper, or financial planner ... but no one cares more than you, and it's empowering to take control yourself.
__________________
"To know what you prefer, instead of humbly saying Amen to what the world tells you you ought to prefer, is to have kept your soul alive". Robert Louis Stevenson, An Inland Voyage (1878)
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