Share Your FIRE Milestones - 2021

[Vincenzo Corleone]

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]

What is your portfolio look like % stocks to % bonds, mutual?

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]

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]

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]

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]

Congrats

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?

 

[ATXFIRE2034]

Up 23% YTD (2021) on portfolio AA 84% / 0% / 16%. This does include contributions. On my IA balances, I am up 96% from the COVID induced lows of March 2020. Blessed.

 

[Timeisprecious]

Congrats!

 

[TrophyHusband]

Just broke the $5M NW milestone ($4.5M+ in the investment portfolio) almost 30 years exactly to the day since I started investing. I graduated college in 1990 and started investing in 1991 when I joined the military and got my first "real" paycheck...$600.

I saw the posts with the progression so I went back and did some research and came up with the following NW over the years;

$0 - 1991
$1M - 2011.....20 yrs
$2M - 2015..... 4 yrs
$3M - 2018..... 2+ yrs
$4M - 2020..... 2+ yrs
$5M - 2021..... 10 months

I'm amazed, stoked, humbled and thankful for seeing NW numbers I could never have imagined 30 years ago. Many mistakes along the way but a lot of learning from them as well. Patience and consistency are the key.

 

[Love This Community]

Congratulations on your success Trophyhusband. It clearly shows that the first million is the hardest.
I read somewhere on this forum, when someone asks what are are you working on, say I’m working on my second million since first one is the hardest...[emoji16]

 

[cyber888]

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?

Thanks!

On my 401K, I sold very early on the pandemic and re-bought the SP500 and Nasdaq when Dow hit 21,000. So got lucky timing the market. When Fed cut down rates to bare bottom, rebalanced to 85% equities in spite of fear mongering that the market will crash.

On paying down mortgage, I had a lot of cash in time deposit at 1.95-2% and since rate was going down and my time deposit expired, I paid off my mortgage and transferred a big chunk to a 1st lien HELOC at 2.24% instead, so just a HELOC now. I didn't fear paying down a big chunk of my mortgage, because I could always get it back by just issuing a HELOC check. But so far, I don't need that cash. So, the HELOC gave me peace of mind to pay a big chunk of the mortgage and not worry if I need to get the money back. The beauty of HELOC is it's a revolving credit. I pay $300/month on the HELOC as oppose to about $1,400/month when I had a traditional mortgage, so saved big on the cashflow.

 

[The Cosmic Avenger]

Another minor (second-decimal) milestone: hit $4.3M NW and $3.7M in investments!

 

[street]

Just broke the $5M NW milestone ($4.5M+ in the investment portfolio) almost 30 years exactly to the day since I started investing. I graduated college in 1990 and started investing in 1991 when I joined the military and got my first "real" paycheck...$600.

I saw the posts with the progression so I went back and did some research and came up with the following NW over the years;

$0 - 1991
$1M - 2011.....20 yrs
$2M - 2015..... 4 yrs
$3M - 2018..... 2+ yrs
$4M - 2020..... 2+ yrs
$5M - 2021..... 10 months

I'm amazed, stoked, humbled and thankful for seeing NW numbers I could never have imagined 30 years ago. Many mistakes along the way but a lot of learning from them as well. Patience and consistency are the key.

Nice job! Are you still working?

 

[TrophyHusband]

Nice job! Are you still working?

I am.... sort of. Corporate decided to not call me back into the office after COVID restrictions eased so I'm "working" a few hours a week from home with full pay and benefits. DW says I'd be nuts to quit and give up the pay considering the amount of work I do. The sad thing is she's entirely correct, even though I've been ready to quit for quite a while.

DW retired in May at 49 yrs old.

We have 1-kid in college and another about to start her Junior year in HS.

Once we have a firm understanding of the impact of DW's retirement and get kid #2 out of the house I plan on retiring come hell or high water.

 

[lauradrops]

Just realized my husband and my traditional iras crossed over 2M last week, good times

 

[The Cosmic Avenger]

Just realized my husband and my traditional iras crossed over 2M last week, good times

 

[refi]

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

Most gains were from:
- increase in job salary + side hustles [200->205->237->300->475->500 in (000's)]
- real estate growth/appreciation, concentrated on west coast
- stocks, heavy concentration in tech

Allocations have fluctuated around:
RE - 35-45%
Stocks - 35-45%
Cash - 10-15%

 

[refi]

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.

I have my special strains

 

[tulak]

I hit a two significant milestones after the close of the market yesterday:

1. I have hit my barebones FI number.
2. My investment portfolio is the same size as when I divorced a few years ago.

Of course for #2, it would be significantly higher if we didn't divorce! Such is life. [emoji2]

 

[srblanco7]

Just broke the $5M NW milestone ($4.5M+ in the investment portfolio) almost 30 years exactly to the day since I started investing. I graduated college in 1990 and started investing in 1991 when I joined the military and got my first "real" paycheck...$600.

I saw the posts with the progression so I went back and did some research and came up with the following NW over the years;

$0 - 1991
$1M - 2011.....20 yrs
$2M - 2015..... 4 yrs
$3M - 2018..... 2+ yrs
$4M - 2020..... 2+ yrs
$5M - 2021..... 10 months

How's this for a similar trajectory?
Graduated in 1990 with student loans (<$0 NW)
$1M - 2012
$2M - 2016
$3M - 2018
$4M - 2020
$5M - Q1 2021
At end of Q2 2021 we're at $5.4M (total net worth is roughly +$250k more to reflect value of our primary home).

 

[mebden]

Thanks!

On my 401K, I sold very early on the pandemic and re-bought the SP500 and Nasdaq when Dow hit 21,000. So got lucky timing the market. When Fed cut down rates to bare bottom, rebalanced to 85% equities in spite of fear mongering that the market will crash.

On paying down mortgage, I had a lot of cash in time deposit at 1.95-2% and since rate was going down and my time deposit expired, I paid off my mortgage and transferred a big chunk to a 1st lien HELOC at 2.24% instead, so just a HELOC now. I didn't fear paying down a big chunk of my mortgage, because I could always get it back by just issuing a HELOC check. But so far, I don't need that cash. So, the HELOC gave me peace of mind to pay a big chunk of the mortgage and not worry if I need to get the money back. The beauty of HELOC is it's a revolving credit. I pay $300/month on the HELOC as oppose to about $1,400/month when I had a traditional mortgage, so saved big on the cashflow.

I’ve heard HELOCS are a good way to pay mortgages down faster just never really understood them and I really don’t plan on keeping my house when I pull the plug which I’m hoping to do by next March if all goes well with my investments