S/O Have Your Net Worth Increased Over the Years

[Anonymous]

Anonymous wrote:How did you guys get such high growth in 2018? I was pretty much flat after the market had negative returns for the year.

I'm guessing they made more $ at work, and their net worth is relatively small so not yet impacted so much by market returns.

[Anonymous]

Anonymous wrote:

Anonymous wrote:How did you guys get such high growth in 2018? I was pretty much flat after the market had negative returns for the year.

I'm guessing they made more $ at work, and their net worth is relatively small so not yet impacted so much by market returns.

I agree. I'm the PP who reported double digit gains most years, but -5% in 2018. This is largely because our net worth is now much larger than our current income (we're ramping down a bit career-wise and are no longer trying to add much to our asset base) and so investment performance mattered a whole lot more than our relatively negligible savings.

[Anonymous]

Not sure about percentages exactly but roughly as follows

$1m at ages 32/30
$2m at 35/30
$5m at 40/38
$10m at 45/43
$12m at 47/45 (current)

[Anonymous]

Roughly this track for us...

30/29: $400k
32/31: $650k
34/33: $1.0 m
36/35: $1.4 m
37/36: $1.8 m

[Anonymous]

Currently ages 45/44. below are our numbers

Net Worth Increase
2014 $600K
2015 $740K 22%
2016 $922K 25%
2017 $1.2 million 29%
2018 $1.5 million 27%
2019 $1.9 million 24%

[Anonymous]

Anonymous wrote:Not sure about percentages exactly but roughly as follows

$1m at ages 32/30
$2m at 35/30
$5m at 40/38
$10m at 45/43
$12m at 47/45 (current)

5x in 10 yrs is sooo amazing. What do you guys do?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Not sure about percentages exactly but roughly as follows

$1m at ages 32/30
$2m at 35/30
$5m at 40/38
$10m at 45/43
$12m at 47/45 (current)

5x in 10 yrs is sooo amazing. What do you guys do?

A little bit of everything including luck. A couple of private investments we made that were touch and go during the financial crisis took off in the bull market since then. DH’s career accelerated into prime earnings years as an executive of a decent sized company and he has done very well, we both still drive the same cars we did 10 years ago and generally avoided lifestyle creep (there has been a little but not to much, still use coupons and price shop groceries), and just riding the bull market up in index funds in our 401ks, etc. DH has worked hard to be successful in his career but we both feel like we have been very fortunate and occasionally in the “right place at the right time”

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Not sure about percentages exactly but roughly as follows

$1m at ages 32/30
$2m at 35/30
$5m at 40/38
$10m at 45/43
$12m at 47/45 (current)

5x in 10 yrs is sooo amazing. What do you guys do?

A little bit of everything including luck. A couple of private investments we made that were touch and go during the financial crisis took off in the bull market since then. DH’s career accelerated into prime earnings years as an executive of a decent sized company and he has done very well, we both still drive the same cars we did 10 years ago and generally avoided lifestyle creep (there has been a little but not to much, still use coupons and price shop groceries), and just riding the bull market up in index funds in our 401ks, etc. DH has worked hard to be successful in his career but we both feel like we have been very fortunate and occasionally in the “right place at the right time”

Do you work?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Not sure about percentages exactly but roughly as follows

$1m at ages 32/30
$2m at 35/30
$5m at 40/38
$10m at 45/43
$12m at 47/45 (current)

5x in 10 yrs is sooo amazing. What do you guys do?

A little bit of everything including luck. A couple of private investments we made that were touch and go during the financial crisis took off in the bull market since then. DH’s career accelerated into prime earnings years as an executive of a decent sized company and he has done very well, we both still drive the same cars we did 10 years ago and generally avoided lifestyle creep (there has been a little but not to much, still use coupons and price shop groceries), and just riding the bull market up in index funds in our 401ks, etc. DH has worked hard to be successful in his career but we both feel like we have been very fortunate and occasionally in the “right place at the right time”

Do you work?

Used to, SAHM now