Saturday, August 7, 2021

June 2021 Net Worth --- Double Comma Club

 

A few days before my 50th birthday I finally hit $1,000,000 in net worth. There was a time 20 years a go that I never thought that I would hit that number even if I continued working through age 65. 

This number is nice, but the fact that I was able to hit it 3 1/2 years after retirement is even nicer. Despite spending in excess of $150,000 since retirement, my net worth has actually increase by $100,000 which means that my portfolio is growing on average $6,000+ per month before expenses.

Even nicer is knowing that my 401k is very close to be accessible, if needed. Also nice is knowing that Social Security (again, if needed) is accessible in less than 12 years. 

The multi-stage rocket ship is operating very efficiently and escape velocity is close to being reached. I'll just keep enjoying the view along the journey


Checking --- $284,084
Savings/Investments --- $178,628
Lending Club --- $22
HSA --- $1,555
IRA --- $13,483
401K --- $515,899
2014 Jeep Wrangler --- $14,000


Liabilities

$578

Net Worth

$1,007,093


YTD Totals

2021

***Jan 1, 2021 --- $969,595***

Jan 31, 2021 --- $966,773
Feb 28, 2021 --- $970,059
Mar 31, 2021 --- $986,189
Apr 30, 2021 --- $997,626
May 31, 2021 --- $998,560
Jun 30, 2021 --- $1,007,093


2020

Jan 31, 2020 --- $923,180
Feb 29, 2020 --- $887,924

Mar 31, 2020 --- $840,075
Apr 30, 2020 --- $883,292

May 31, 2020 --- $897,577
June 30, 2020 --- $898,663

July 31, 2020 --- $923,038
Aug 31, 2020 --- $944,156

Sep 30, 2020 --- $922,946
Oct 31, 2020 --- $901,082

Nov 30, 2020 --- $956,268
Dec 31, 2020 --- $969,595
 

Dec 31, 2020 --- $969,595
Dec 31, 2019 --- $926,699
Dec 31, 2018 --- $864,613
Dec 31, 2017 --- $914,266

4 comments:

  1. Congratulations and welcome back! We missed you!

    ReplyDelete
    Replies
    1. Anon,

      Thanks, been in hibernation this year. Decided to do some quick updates

      MDP

      Delete
  2. Congrats on joining the double comma club! We're not quite there on the net worth side but we're getting there. The best part for you is that you still hit that milestone 3.5 years into retirement while drawing down cash. That's impressive. Out of curiosity why such a large checking account balance? Do you have X number of years of expenses in cash?

    ReplyDelete
    Replies
    1. PIP,

      Thanks! Yes the cash is higher than normal because a few large CD's earning around 2.5% expired recently. Been putting money to work selling puts and will continue to invest the cash as opportunities arise.

      MDP

      Delete