tcu2003
Senior Member
Joined: Dec 31, 2010 15:24:01 GMT -5
Posts: 4,959
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Post by tcu2003 on Feb 4, 2022 14:14:09 GMT -5
Thanks! I’ll take a look at Fidelity as well.
Both mine and DH’s 401k accounts are at Prudential, so we currently have nothing at Fidelity.
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Ava
Senior Member
Joined: Jan 30, 2011 12:23:55 GMT -5
Posts: 4,319
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Post by Ava on Feb 4, 2022 20:21:03 GMT -5
I'm also a big fan of Fidelity. Site is easy to use, great access to research, etc. I moved everything to them years ago (with the exception of keeping my primary checking/sinking fund savings at my credit union) and haven't regretted it. One caveat, if you are determined to invest in Vanguard mutual funds (as opposed to Vanguard ETFs), Fidelity charges $75/purchase. I've almost always been able to find comparable no-fee fund alternatives or opted for equivalent Vanguard ETFs, though.
I love Fidelity. Website user friendly and very easy to navigate. The few times I've had to call them they answer quickly and it's always a good experience communicating with them. |
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Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,359 
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Post by Rukh O'Rorke on Feb 6, 2022 11:45:08 GMT -5
www.cnn.com/2022/02/06/investing/stocks-week-ahead/index.htmlso if nasdaq is 14% below, and my "tech heavy" portfolio is only 12% below, seems I am doing a good job? At least a reasonable job. I do have about 15-20% in non-tech heavy stuff. REIT, and such. But I'm calling myself in the ball park here. This article made me feel much better, so putting it here for you all.
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plugginaway22
Well-Known Member
Joined: Jan 2, 2011 10:18:42 GMT -5
Posts: 1,661
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Post by plugginaway22 on Feb 19, 2022 18:27:01 GMT -5
Ughgh on these stock market numbers! First 2 months of retirement have been a bit disconcerting after years of market gains.
We have owed money for years at tax time but this year I knew we wouldn't because my final bonus payout was heavily taxed. Did the preliminary work and looks like we are getting about 8k refunded. Was going to use it towards more IBonds but now might feel better holding the cash. May use it to rent a bigger place for summer vacation, not sure.
Our numbers on Social Security.gov also increased after taking into account the 2021 incomes and I guess the inflation increase? So that is always there if we want to collect SS early. Not looking forward to totaling up our net worth on 3/1.
Do any of you have an HSA balance that you moved somewhere else after retirement? Ours needs to be moved from DH's employer sponsored setup but not sure where to move it. We were bad and never invested it...has over 30k sitting there losing money to inflation.
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Post by minnesotapaintlady on Feb 19, 2022 21:34:22 GMT -5
Do any of you have an HSA balance that you moved somewhere else after retirement? Ours needs to be moved from DH's employer sponsored setup but not sure where to move it. We were bad and never invested it...has over 30k sitting there losing money to inflation. Not retired, but move my HSA money from our crappy workplace plan to Fidelity occasionally. No fee account and can invest in any of their funds (maybe other brokerage funds as well, but I haven't checked, I just put everything in FZROX) |
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CCL
Junior Associate
Joined: Jan 4, 2011 19:34:47 GMT -5
Posts: 7,711
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Post by CCL on Feb 19, 2022 23:38:59 GMT -5
I've never even heard of FZROX. Now I'm gonna have to go check it out.
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Post by minnesotapaintlady on Feb 20, 2022 0:33:14 GMT -5
I've never even heard of FZROX. Now I'm gonna have to go check it out. Just a 0 fee total stock market index fund. |
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Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,359
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Post by Rukh O'Rorke on Feb 20, 2022 9:22:27 GMT -5
Ughgh on these stock market numbers! First 2 months of retirement have been a bit disconcerting after years of market gains. We have owed money for years at tax time but this year I knew we wouldn't because my final bonus payout was heavily taxed. Did the preliminary work and looks like we are getting about 8k refunded. Was going to use it towards more IBonds but now might feel better holding the cash. May use it to rent a bigger place for summer vacation, not sure. Our numbers on Social Security.gov also increased after taking into account the 2021 incomes and I guess the inflation increase? So that is always there if we want to collect SS early. Not looking forward to totaling up our net worth on 3/1. Do any of you have an HSA balance that you moved somewhere else after retirement? Ours needs to be moved from DH's employer sponsored setup but not sure where to move it. We were bad and never invested it...has over 30k sitting there losing money to inflation. Also not looking forward to the tally! Glad ss could be backup for you. About 5 years away for me, so good thing I didn’t quit. |
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ners
Junior Associate
Joined: Dec 23, 2010 16:21:18 GMT -5
Posts: 6,662
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Post by ners on Feb 28, 2022 21:21:45 GMT -5
February Numbers
Cash 20,124.56
Retirement 180,630.35
House 80,000.00
Car 2,800.00
Stock 7,033.77
HSA $$6,426.98
Total Assets 297,015.66
Liabilities
Mortgage 52,930.12
Helco 9,986.22
Car 4,154.66
Total Liabilities 67,071.00
Net Worth $229,944.66
Down again this month. Guess I will just keep plugging along.
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tcu2003
Senior Member
Joined: Dec 31, 2010 15:24:01 GMT -5
Posts: 4,959
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Post by tcu2003 on Feb 28, 2022 23:51:28 GMT -5
Here is my February 2022 update:
ASSETS:
Checking/Savings: $259,017
House: $512,700
Retirement: $1,800,371
Brokerage: $5,486
529s: $77,014
DEBTS:
$0
Total NW: $2,654,588
As usual, the list above excludes our cars, which are worth around $30k combined, but I leave them out because we're unlikely to sell, and need them to get to/from work, kids schools, etc. in the land of suburbia.
We're down about 0.25%, which I'll take considering the market swings lately.
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Post by minnesotapaintlady on Mar 1, 2022 8:45:56 GMT -5
I have a feeling we're in for a long stretch of "yuck". Mortgage - $79,519 CC debt - $1100 (cat's teeth - 0% until June 1st, so drawing it out) Total Debt $80,619Cash and Savings - $47,281 529s - $68,193 Retirement - $780,177 House - $300,000 Total Assets $1,195,651Net Worth $1,115,032.00 (down 1.07%)
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Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,359
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Post by Rukh O'Rorke on Mar 5, 2022 9:44:07 GMT -5
since MPL is being brave, I will too.....
| April 2 2021 | Dec 31/Jan 1st | Feb 3 2021 | Mar 5 2022 | | 401k and rollovers | $1,304,844
| 1,754,854
| 1,530,246
| 1,326,083 | | Roth | $197,893
| 224,473
| 196,767
| 180,945 | | I-bonds |
| 10,020
| 15,057
| 16,099 | | Other: EF, ESOP, HSA | $49,159
| 40,828
| 42,045
| 38,121 | | Total |
$1,551,896
| 2,030,175
| $1,784,115 | $1,561,248 |
down 12.5% this month. It hurts! it HURTS! diamond hands, lol..... |
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Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,359
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Post by Rukh O'Rorke on Mar 6, 2022 12:24:17 GMT -5
I have a feeling we're in for a long stretch of "yuck". Mortgage - $79,519 CC debt - $1100 (cat's teeth - 0% until June 1st, so drawing it out) Total Debt $80,619Cash and Savings - $47,281 529s - $68,193 Retirement - $780,177 House - $300,000 Total Assets $1,195,651Net Worth $1,115,032.00 (down 1.07%)
how long are you thinking for this yucky? more than 2 years? also - wanted to ask about AA - since you are down 1% and I am down 15%. eyeballing, seems sp500 is down over 3% for the same time period, so wondering about your AA. We all know my AA is pretty risky, so I'm accepting the wide ups and downs as par for the course I've choosen. Gracefully, with a few profane meltdowns  . |
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Post by minnesotapaintlady on Mar 6, 2022 13:13:03 GMT -5
I have a feeling we're in for a long stretch of "yuck". Mortgage - $79,519 CC debt - $1100 (cat's teeth - 0% until June 1st, so drawing it out) Total Debt $80,619Cash and Savings - $47,281 529s - $68,193 Retirement - $780,177 House - $300,000 Total Assets $1,195,651Net Worth $1,115,032.00 (down 1.07%)
how long are you thinking for this yucky? more than 2 years? also - wanted to ask about AA - since you are down 1% and I am down 15%. eyeballing, seems sp500 is down over 3% for the same time period, so wondering about your AA. We all know my AA is pretty risky, so I'm accepting the wide ups and downs as par for the course I've choosen. Gracefully, with a few profane meltdowns . I'm mentally prepared for it to be a solid two years, but really I'm just guessing. If WWIII breaks out who knows.... I'm pretty heavy in S&P in my retirement accounts. Probably around 65%. In addition I have about 25% in FLPSX and 10% in bond funds. The down 1% for me is just for the last month, not YTD and it's NW, so includes debt paydown and shoveling in new money.
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Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,359
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Post by Rukh O'Rorke on Mar 6, 2022 19:24:13 GMT -5
how long are you thinking for this yucky? more than 2 years? also - wanted to ask about AA - since you are down 1% and I am down 15%. eyeballing, seems sp500 is down over 3% for the same time period, so wondering about your AA. We all know my AA is pretty risky, so I'm accepting the wide ups and downs as par for the course I've choosen. Gracefully, with a few profane meltdowns . I'm mentally prepared for it to be a solid two years,  i was kind of thinking along the same lines.....the pandemic isn't over, supply chain sux, the russian invasion - who know where that is going to lead. I'm down 15% the last month, sp about 3-4% I think. Ah!  this is what is making it different than the overall market! I am too - and still 15% down in a month....I just have to laugh and go on with my day..... |
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Post by minnesotapaintlady on Mar 6, 2022 22:00:04 GMT -5
I am too - and still 15% down in a month....I just have to laugh and go on with my day..... Also, my house is included in my NW calc, so that 300K of the 1.1M hasn't changed. |
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Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,359
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Post by Rukh O'Rorke on Apr 1, 2022 10:58:58 GMT -5
| April 2 2021 | Dec 31/Jan 1st | Feb 3 2021 | Mar 5 2022 | April 1 2022 | | 401k and rollovers | $1,304,844
| 1,754,854
| 1,530,246
| 1,326,083 | $1,629,256.50
| | Roth | $197,893
| 224,473
| 196,767
| 180,945 | 213,577.61
| | I-bonds |
| 10,020
| 15,057
| 16,099 | 17,142.60
| | Other: EF, ESOP, HSA | $49,159
| 40,828
| 42,045
| 38,121 | 40,640.39
| | Total |
$1,551,896
| 2,030,175
| $1,784,115 | $1,561,248 | $1,900,617.10
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surprisingly, this has really popped back up! Just eyeballing a graph, looks like the market is up 5% this past month, with tesla up 25% - which explains my bounce. Really double checking everything - cause maybe I'm an April fool or something? But it looks to check out. It's a relief, but the volatility is something I need to think about if/when I do retire. If I can take the heartburn of that without a paycheck coming in! Squeaked another 1k into the ibonds before end of month, now all ibonds are at 7.12% interest. Wondering what the next interest rate will be? I think we find out on April 15th? oh - and ugg! Taxes!! |
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Ava
Senior Member
Joined: Jan 30, 2011 12:23:55 GMT -5
Posts: 4,319
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Post by Ava on Apr 1, 2022 11:52:17 GMT -5
Update for April 1, 2022
Assets
Condo $84,700 per Zillow
Car $15,800 per Kelley Blue Book
Savings Account $2,000
HSA $27,924
Retirement Accounts (IRA, Roth IRA and 401K) $239,375
Total Assets $369,799
Liabilities
Credit Card $403
Mortgage Balance $51,718
Car Loan $12,545
Student Loan $77,153
Total Liabilities $141,819
Net Worth 4/1/22 $227,980
Net Worth 1/1/22 $233,300
Wow. My net worth decreased. The value of my car and my condo declined since 1/1/22.
I have less money on savings. I took the money to fund my 2021 IRA, and to pay my plane ticket and my mom's plane ticket.
Retirement accounts decreased even though I've been contributing and funding the IRA, and my employer has also contributed.
Car loan and mortgage balances continue to decrease as I make my monthly payments. The student loan is on pause for now.
I have a credit card balance now. It's for a Fidelity credit card I got. It gives me 2% rewards and I pay it monthly. Nevertheless, I have a balance at this moment, so I added it to liabilities.
Not happy with this picture. Lot of money invested in retirement vehicles, plenty of sacrifices to continue plugging ahead, and net worth is trending down.
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buystoys
Junior Associate
Joined: Mar 30, 2012 4:58:12 GMT -5
Posts: 5,650
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Post by buystoys on Apr 1, 2022 12:06:07 GMT -5
| Dec 31 update
| Mar 31 update
| Jun 30 update
| Sep 30 update
| Dec 31 update
| IRA/Roth
| $1158k
| $1094K
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| Cash
| $82k
| $71K
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| House Value
| $209K
| $209K
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| Rental Value
| $100K
| $100K
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| House Mortgage
| $-82K
| $-76K
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| Total
| $1.467m
| $1.398m
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Ages: 58/65 Retired on disability DH pension: $12.5k DH SSDI: $21k Me SSDI: $30k Zillow says our house is worth more, but I'm leaving it the same for now as we're not selling any time soon. Same with the rental.
We are down this quarter for a number of reasons. The markets are reflected in our IRA/Roth numbers and we spent some of our cash. Our mortgage has also gone down, so that's a plus. I just took our distribution today, so that's in the wrong bucket for now. I'll catch it up next quarter. That will also raise our cash up again. ETA: Our cash bucket has been heavy for quite a while now. I am tempted to not take any withdrawals for a couple of years to bring it back in line. Instead, I'm running a little heavy on equities right now and won't rebalance to 30% bonds. Between cash and bond funds, we're around 35%. Close enough to it that I'm not going to mess with the allocation anyway.
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Post by minnesotapaintlady on Apr 1, 2022 12:59:29 GMT -5
Feeling pretty good about things this month, finally got the roofing bill from October and got that paid, the grandparents covered my kid's big tax bills, so that stress is gone, I maxed out the I bonds for the year and have been shoveling a ton into retirement. At some point I'm going to have to take out a HELOC or wipe out a bunch of savings to do some house maintenance, but I've been kicking that can down the road for years. Mortgage - $79,199 CC debt - $900 (cat's teeth - 0% until June 1st, so drawing it out) Total Debt $80,099Cash and Savings - $59,434 529s - $65,457 Retirement - $802,806 House - $300,000 Total Assets $1,227,697Net Worth $1,147,598 (up 2.84%)
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Post by minnesotapaintlady on Apr 1, 2022 13:03:18 GMT -5
Net Worth 4/1/22 $227,980Net Worth 1/1/22 $233,300
Not happy with this picture. Lot of money invested in retirement vehicles, plenty of sacrifices to continue plugging ahead, and net worth is trending down. You haven't checked since January. You'd be happier if you saw how much it went up in March compared to February.  |
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Ava
Senior Member
Joined: Jan 30, 2011 12:23:55 GMT -5
Posts: 4,319
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Post by Ava on Apr 1, 2022 13:07:13 GMT -5
Net Worth 4/1/22 $227,980Net Worth 1/1/22 $233,300
Not happy with this picture. Lot of money invested in retirement vehicles, plenty of sacrifices to continue plugging ahead, and net worth is trending down. You haven't checked since January. You'd be happier if you saw how much it went up in March compared to February. I check every quarter. Was going to check yesterday but I was exhausted and it was after 9 pm when I arrived home. Honestly, I don't want to check more frequently than that. I think it's enough. I'm in it for the long run and seeing the ups and down would only make me nervous. |
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Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,359
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Post by Rukh O'Rorke on Apr 1, 2022 14:19:18 GMT -5
Update for April 1, 2022 AssetsCondo $84,700 per Zillow Car $15,800 per Kelley Blue Book Savings Account $2,000 HSA $27,924 Retirement Accounts (IRA, Roth IRA and 401K) $239,375 Total Assets $369,799
Liabilities
Credit Card $403 Mortgage Balance $51,718 Car Loan $12,545 Student Loan $77,153 Total Liabilities $141,819Net Worth 4/1/22 $227,980Net Worth 1/1/22 $233,300
Wow. My net worth decreased. The value of my car and my condo declined since 1/1/22. I have less money on savings. I took the money to fund my 2021 IRA, and to pay my plane ticket and my mom's plane ticket. Retirement accounts decreased even though I've been contributing and funding the IRA, and my employer has also contributed. Car loan and mortgage balances continue to decrease as I make my monthly payments. The student loan is on pause for now. I have a credit card balance now. It's for a Fidelity credit card I got. It gives me 2% rewards and I pay it monthly. Nevertheless, I have a balance at this moment, so I added it to liabilities. Not happy with this picture. Lot of money invested in retirement vehicles, plenty of sacrifices to continue plugging ahead, and net worth is trending down. Everything is down from January. You are buying at lower prices in your 401k all this time. That’s a good thing! |
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aricia
Junior Member
Joined: May 18, 2011 13:36:32 GMT -5
Posts: 170
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Post by aricia on Apr 1, 2022 17:21:00 GMT -5
4/1/2022
Assets:
House: $300,000 (market’s crazy but I don’t adjust this)
Cash: $315,000
I bonds: $225,000
Brokerage: $145,000
401k/IRAs: $1,320,000 (down $70,000 from 1/1)
HSA: $35,000
529s: $70,000
Cars (4): $35,000
Net worth: $2,445,000 (down $5,000 from 1/1)
Would have been down more but DH received his annual bonus and various company stock related $ to help boost it up.
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ners
Junior Associate
Joined: Dec 23, 2010 16:21:18 GMT -5
Posts: 6,662
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Post by ners on Apr 3, 2022 16:26:05 GMT -5
March Numbers
Assets
Cash 20,174.66
Retirement 182,724.00
House 80,000.00
Car 2,700.00
Stock 7,111.08
HSA $6,469.29
Total Assets 299,179.03
Liabilities
Mortgage 52,769.22
Helco 9,762.46
Car 3,940.80
Total Liabilities 66,472.48
Net Worth $232,706.55
Recovered a bit from last month. Still down for the year.
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Annie7
Junior Member
Joined: Dec 22, 2010 8:42:14 GMT -5
Posts: 249
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Post by Annie7 on Apr 4, 2022 9:06:51 GMT -5
I hadn't put in numbers for this year. here is mine:
| 1/1/2022 | 2/28/2022 | 3/31/2022 | | Cash | 69,687.92 | 60,184.34 | 77,113.06 | | Retirement | 875,542.67 | 825,434.68 | 840,0699.47 | | HSA | 58,453.02 | 53,152.31 | 55,878.73 | | Pension | 164,303.43 | 166,856.67 | 167,872.02 | | Total Assets | 1,933,087 | 1,877,328 | 1,922,063 | | | | |
| | Mortgage | 285,658 | 284,014 | 280,714 | | DS1 Parent Loan | 24,633 | 23,685.58 | 23,207 | | Total Liabilities | 310,291 | 307,700 | 303,921 | | | | |
| | Net Worth | 1,622,796 | 1,569,628 | 1,618,142 | | Difference from previous month | 38,682 | -53,168 | 48,513 | | % change | 2.44% | -3.28% | 3.09% | | YTD % change | 0% | -3.28% | -0.29% |
I'm still down for the year. I do not include my checking account and credit cards in the above. I pay off credit cards every month and I manage the payment thru my checking account. |
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shanendoah
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Joined: Dec 18, 2010 19:44:48 GMT -5
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Mini-Profile Name Color: 0c3563
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Post by shanendoah on Apr 4, 2022 11:45:52 GMT -5
Logging on for my quarterly update. I hope everyone is doing well. I am hoping to hit my $1mil net worth goal this year. I hope very much to do it through retirement plan/savings growth and NOT continued (ridiculous) home value appreciation. (We bought our house for $675k in Dec 2018. $375k appreciation in just over 3 years is unsustainable.)
Age: Shanendoah- 46; C-47
Income: ~$133k/yr
Mortgage: $502,678
Car Note: $27,725
Furnace: $0
HELOC: $7,456
CC (0%): $1,745
Debts Total: $539,604
Savings: $14,380
S Retirement Accounts: $297,455 (down ~$15k from Jan)
C Retirement Accounts: $47,995 (down ~1.5k from Jan)
House: $1,059,061 (up ~$115k from Jan)
Timeshare: $1,500
Car: $25,000
Assets Total: $1,445,390
Net Worth: $905,787 / $359,830
Previous : $800,562 / $377,765
Change: $105,224 / $(17,935)
April 2021 Net Worth: $587,816
Difference: $317,970
Growth: 154.09%
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TheOtherMe
Distinguished Associate
Joined: Dec 24, 2010 14:40:52 GMT -5
Posts: 28,398
Mini-Profile Name Color: e619e6
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Post by TheOtherMe on Apr 4, 2022 15:32:35 GMT -5
Your house is projected to be worth $115K more now than it was in January? This bubble has to burst. Only the very wealthy are going to be able to buy homes in places with that kind of appreciation.
Even around here, the places under $150K are older fixer uppers. I paid less than $150K for my house 12 years ago. There used to be a big section in the monthly houses for sale magazine in that section. Now they are run down fixer uppers that would take a lot of money to even bring up to code.
There aren't a lot of houses for sale here, but the popular category is over $300K. There used to be very few homes in that category. Most townhouses like mine are in that category. Mine is assessed right at $300K so I am guessing that is close to accurate.
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tcu2003
Senior Member
Joined: Dec 31, 2010 15:24:01 GMT -5
Posts: 4,959
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Post by tcu2003 on Apr 15, 2022 14:37:48 GMT -5
Here is my March 2022 update:
ASSETS:
Checking/Savings: $248,939
House: $512,700
Retirement: $1,870,535
Brokerage: $5,670
529s: $83,890
DEBTS:
$0
Total NW: $2,721,734
As usual, the list above excludes our cars, which are worth around $30k combined, but I leave them out because we're unlikely to sell, and need them to get to/from work, kids schools, etc. in the land of suburbia.
We're up about 2.5% over last month.
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tcu2003
Senior Member
Joined: Dec 31, 2010 15:24:01 GMT -5
Posts: 4,959
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Post by tcu2003 on Apr 15, 2022 14:40:15 GMT -5
In other tax related net worth news, we got the email from the tax firm this week, and owe an additional $24k to federal and $4k to state. Ouch. I knew it was coming due to the company stock sale to become an ESOP, but still. Ouch. And realizing that due to timing of when I purchased shares and when the ESOP closed, I'm hit with short term capital gains instead of long term capital gains. And pretty sure this pushed us from the 24% to the 32% marginal bracket. Blergh.
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