Share Your 2024 Milestones

great stories and congratulations to everyone here for what they've accomplished.

I remember when I crossed over into my first 100k in savings. I was just under 35, and today at 57 we can see $5,000,000 right on the horizon. I have a PE investment that for all I know has already pushed us over the edge. That number is all savings (401k, roth, cash, PE). I don't even include the house because she won't sell it.

but for this year I'm most proudest of the blow that dough travel expenses. we made some great memories this year, and I'm looking forward to duplicating it next year.
 
equakesfan said:
I have passed 2 milestones this year:

1. Retired in April at 53
2. Our NW passed $7M in October

I've also completed 24 of the 63 items on my to do list, I hope to have the list at least half done by the end of the year. (I'm working on replacing 2 gutters this week)

Don't be too impressed. I've been lucky in Real Estate (3 properties more than doubled in price in less than 10 years, 1 was an investment property), got a inheritance when I was in my 20s (financially lucky), and to make almost $1M from stock options from 1 company.
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Heh, heh, I'm still impressed! Way to go.
 
Kings over Queens said:
great stories and congratulations to everyone here for what they've accomplished.

I remember when I crossed over into my first 100k in savings. I was just under 35, and today at 57 we can see $5,000,000 right on the horizon. I have a PE investment that for all I know has already pushed us over the edge. That number is all savings (401k, roth, cash, PE). I don't even include the house because she won't sell it.

but for this year I'm most proudest of the blow that dough travel expenses. we made some great memories this year, and I'm looking forward to duplicating it next year.
Click to expand...
I still recall amassing a total of $30K back in my late 20s. I thought I had it made. I soon figured out that $30K isn't all that much money - especially as we went intp "hyper" inflation (and stag-flation soon after.)
 
The to do list is includes small things like make a doctor appointment, fix the stool, move a file cabinet, but it also includes some big ones like paint the house, lose 50lbs. and replace the patio cover. Since I've been reading the message boards her I've added: make plan for my wife to be able to handle the finances after I'm gone, and the number of accounts to about 5.
 
Finally retired at age 60 - net worth more than I thought it would be (7 figures and this is after a late divorce with ex getting their share - pensions(?!? - dd not expect would have several when starting this journey) have started with a few more staggered in the next few years. Market is going gangbusters the last year...my planning seems to have not been in vain so far and I am fortunate that things are going the way they are. I will say I was conservative in my estimates over the years - so maybe that's why I'm surprised. My lifestyle has not creeped too much outside of travel costs, which can be cut off if required. Bucket list - chopping away at it - hitting some more obscure items this year and next. Only thing is, the list seems to get longer as I find more to experience. However, if I do look at what I've accomplished/experienced, I am happy, very happy and grateful.
 
Congratulations to everyone on reaching their milestones!

A memorable milestone that I was able to reach this year was $1 million in my 401k which happened about a month before I turned 50 years old earlier this year. That was a special milestone for me. Turns out it didn’t take too long for it to reach $1.1 million.

It’s been bittersweet for me because I have been out of full time work since July of 2023. It’s ironic that I don’t have a 401k plan to contribute to in the year I became eligible for the catchup contributions.

I’ve been freelancing this year which means I’m not making much but I am establishing myself. It just takes a while to build freelance clientele.

I did interview for a full time contract position this past week. I think it went well and I expect to hear back from them sometime soon.

We’ll see how things go moving forward. I can see a path to retirement sometime within the next 5 years. I may also decide to simply freelance part time for a while just because I enjoy the work and it is very flexible.

It’s amazing to think about the possibility of retiring sooner rather than later. I knew that I was putting away that money year after year for a reason but it always seemed so abstract and distant that I didn’t think much about the actual end game very often.

Here’s to a successful completion to 2024 financially for everyone. It’s been an interesting year of struggles and triumphs for me.
 
I'm sure others reached milestones today, but I finally hit $2M in investments, blowing through it with the big market day. I had previously reached $1.99M a couple times, but will get to ~$2.02M after today.
 
I have reached my SS FRA.
:dance:

While I am still planning to delay SS until 70, primarily to maximize survivors benefits, it is good to know that I will get my FRA amount plus the additional growth, especially since I qualified to get the maximum benefit.
 
I hit a new milestone today too.

I was lucky, since Monday I (finally) decided to bail on international and commit to US only for equities. I am tilting a bit to QQQ, but mostly US total.

I also sold small positions in individual stocks. This is all part of a longer term plan to simplify. Everything was done in tax deferred accounts, so no tax impact.
 
jollystomper said:
I have reached my SS FRA.
:dance:

While I am still planning to delay SS until 70, primarily to maximize survivors benefits, it is good to know that I will get my FRA amount plus the additional growth, especially since I qualified to get the maximum benefit.
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Congratulations! :flowers:
 
BadgerNCarolina said:
I'm sure others reached milestones today, but I finally hit $2M in investments, blowing through it with the big market day. I had previously reached $1.99M a couple times, but will get to ~$2.02M after today.
Click to expand...
Congrats on the $2.0M milestone! That was an aggravating one for me. I first broke that threshold a couple times in early 2020, peaking out on February 19. But then Covid had its way. By March 23, I had gone from ~$2.048M to ~$1.362M.

The recovery was fast in hindsight, but sure didn't seem that way when I was going through it. I was back over $2.0M by August of 2020. But, even as recently as September 2022, I was down to around $1.9M. Even at the end of 2022, I would have been below $2.0M, if it wasn't from some proceeds I added, from the sale of a house.

Anyway, hope that new milestone holds for you, and that you hit even higher ones, soon!
 
My investments hit 7 figures yesterday! At the beginning of the year, my (conservative) spreadsheet said it might be quite a few more years before I hit this point (and Vanguard agreed). I'm going to bump my income up next year.
 
Ronstar said:
New all time high for portfolio - roughly double what we had when I retired 5/2/2014.
Click to expand...
Despite conservative stock allocations and annual draws as high as 4.4%, our portfolio is 20 to 25% higher than it was in 2019.

I only run the precise numbers once a year after March 31st.
 
When I retired in 2019 I never thought it was a possibility that my NW would grow to $3M. It’s looking possible if not even probable now. I have less than 50% equities so it might take a little while but it’s a good feeling.
 
Went over $5M net-worth not including primary or vacation homes. And to think less then 5 years ago I was excited to hit the $3M milestone and decided I'd retire with in the next year.
 
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