jenpen
Established Member
Joined: Jun 16, 2011 17:56:35 GMT -5
Posts: 322
|
Post by jenpen on Mar 9, 2023 23:29:21 GMT -5
Sorry about that. I'm usually annoyed when people delete posts, but yes, I did post about the personally -- not financially -- devastating year I'd had, but then realized I wasn't comfortable putting that out here. Extremely grateful for TheOtherMe 's words of support. sending hugs for whatever that may have been..... Thank you, Rukh O'Rorke. Short story is, I lost both of my parents last year. That's the part that mattered, and then there was other crap that happened....life, you know. But it goes on.....
|
|
TheOtherMe
Distinguished Associate
Joined: Dec 24, 2010 14:40:52 GMT -5
Posts: 27,120
Mini-Profile Name Color: e619e6
|
Post by TheOtherMe on Mar 10, 2023 11:17:02 GMT -5
jenpen I can not imagine your pain in losing both parents in one year My condolences
|
|
Ombud
Junior Associate
Joined: Jan 14, 2013 23:21:04 GMT -5
Posts: 7,592
|
Post by Ombud on Mar 31, 2023 15:01:50 GMT -5
Schwab Accts: | | %
| Previous: | 860,556
| Stocks | 761,192
| 85%
| Fixed Income | 134,359
| 15%
| Current | 895,551
| Difference | 34,995
| YTD | +7%
|
|
|
ners
Junior Associate
Joined: Dec 23, 2010 16:21:18 GMT -5
Posts: 6,481
|
Post by ners on Mar 31, 2023 19:45:59 GMT -5
March 31, 2023, update
Assets Cash 24,085.74 Retirement 171,279.29 House 80,000.00 Car 1,750.00 Stock 6,473.21 HSA 7,495.18
Total Assets 291,083.42
Liabilities Mortgage 50,699.47 Helco 6,139.47 Car 1,270.65
Total Liabilities 58,109.59
Net Worth 232,973.83 Movement in the correct direction.
|
|
|
Post by minnesotapaintlady on Apr 1, 2023 10:50:57 GMT -5
Update for April. Inching closer to where I was at my all time high in January of 2022. I moved a 20K Traditional IRA to bonds last week as I start the 5 year countdown asset shift.
Mortgage - $75,309 CC debt - $5320 Total Debt $80,629Cash and Savings - $56,226 529s - $64555 Retirement - $792,362 House - $300,000 Total Assets $1,213,143Net Worth $1,132,514
|
|
saveinla
Junior Associate
Joined: Dec 19, 2010 2:00:29 GMT -5
Posts: 5,222
|
Post by saveinla on Apr 1, 2023 11:14:27 GMT -5
Update for April. Inching closer to where I was at my all time high in January of 2022. I moved a 20K Traditional IRA to bonds last week as I start the 5 year countdown asset shift.
Mortgage - $75,309 CC debt - $5320 Total Debt $80,629Cash and Savings - $56,226 529s - $64555 Retirement - $792,362 House - $300,000 Total Assets $1,213,143Net Worth $1,132,514
minnesotapaintlady - Tell me more about the Bonds. I think we are on the same timeline, and I am interested to see what you are doing.
|
|
|
Post by minnesotapaintlady on Apr 1, 2023 11:28:38 GMT -5
Update for April. Inching closer to where I was at my all time high in January of 2022. I moved a 20K Traditional IRA to bonds last week as I start the 5 year countdown asset shift.
Mortgage - $75,309 CC debt - $5320 Total Debt $80,629Cash and Savings - $56,226 529s - $64555 Retirement - $792,362 House - $300,000 Total Assets $1,213,143Net Worth $1,132,514
minnesotapaintlady - Tell me more about the Bonds. I think we are on the same timeline, and I am interested to see what you are doing. Oh, nothing fancy at all. Just broad-based bond mutual funds. I had about 8% of my retirement in VBTLX (Vanguard Total Bond Market Index Fund) for quite a while and I had this 20K Traditional IRA sitting at Fidelity in a Target Fund with high fees and just exchanged it for FXNAX (FIDELITY U.S. BOND INDEX FUND). This gets me to a 90/10 stocks/bond ratio.
I don't know that I'll do anymore than that this year though until I research more because I'm still not a big bond fan. They dropped as much as the stocks did in the last downturn, without all the growth to compensate for the risk. They're not doing that whole "one is up while the other is down" thing anymore like they used to.
Maybe treasuries is where it's at these days for the fixed income portion?
|
|
Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,018
|
Post by Rukh O'Rorke on Apr 1, 2023 13:06:07 GMT -5
Update for April. Inching closer to where I was at my all time high in January of 2022. I moved a 20K Traditional IRA to bonds last week as I start the 5 year countdown asset shift.
Mortgage - $75,309 CC debt - $5320 Total Debt $80,629Cash and Savings - $56,226 529s - $64555 Retirement - $792,362 House - $300,000 Total Assets $1,213,143Net Worth $1,132,514
Awesome!!! What is your target allocation at retirment?
|
|
Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,018
|
Post by Rukh O'Rorke on Apr 1, 2023 13:21:15 GMT -5
minnesotapaintlady - Tell me more about the Bonds. I think we are on the same timeline, and I am interested to see what you are doing. Oh, nothing fancy at all. Just broad-based bond mutual funds. I had about 8% of my retirement in VBTLX (Vanguard Total Bond Market Index Fund) for quite a while and I had this 20K Traditional IRA sitting at Fidelity in a Target Fund with high fees and just exchanged it for FXNAX (FIDELITY U.S. BOND INDEX FUND). This gets me to a 90/10 stocks/bond ratio.
I don't know that I'll do anymore than that this year though until I research more because I'm still not a big bond fan. They dropped as much as the stocks did in the last downturn, without all the growth to compensate for the risk. They're not doing that whole "one is up while the other is down" thing anymore like they used to.
Maybe treasuries is where it's at these days for the fixed income portion?
buffet is not a fan of bonds at all! I have been keeping a close eye on treasury bonds, planning to start buying if they ever get to 5% interest. Although I've noticed that sometimes lately they have been selling over the par value, which is not cool in my book, lol! If rates hit 5% I will watch the purchase price for a month or two, I think people get excited at the rate switch so I will try to wait to see if that happens at a jump and then cools down? Not sure. but 5% locked in for 20-30 years would be great I think, especially if the fed is targeting 2% inflation as they ideal.
|
|
|
Post by minnesotapaintlady on Apr 1, 2023 13:26:07 GMT -5
Update for April. Inching closer to where I was at my all time high in January of 2022. I moved a 20K Traditional IRA to bonds last week as I start the 5 year countdown asset shift.
Mortgage - $75,309 CC debt - $5320 Total Debt $80,629Cash and Savings - $56,226 529s - $64555 Retirement - $792,362 House - $300,000 Total Assets $1,213,143Net Worth $1,132,514
Awesome!!! What is your target allocation at retirment? I haven't decided yet. I don't think I'll ever be a 60/40 person though...at least not in early retirement. Right now 90/10 feels "ok" and I can see maybe going to 75/20/5 (stock/bond/cash equivalent) prior to retirement. I'm contemplating changing where some of my new contributions go in my 401K to build up the bond portion rather than sell things later. Currently it's 100% S&P Index fund. I got another big raise this week (for me). Second on in less than a year! So, I'm going in to change things up on the 401K front anyhow.
|
|
|
Post by minnesotapaintlady on Apr 1, 2023 13:40:52 GMT -5
Oh, nothing fancy at all. Just broad-based bond mutual funds. I had about 8% of my retirement in VBTLX (Vanguard Total Bond Market Index Fund) for quite a while and I had this 20K Traditional IRA sitting at Fidelity in a Target Fund with high fees and just exchanged it for FXNAX (FIDELITY U.S. BOND INDEX FUND). This gets me to a 90/10 stocks/bond ratio.
I don't know that I'll do anymore than that this year though until I research more because I'm still not a big bond fan. They dropped as much as the stocks did in the last downturn, without all the growth to compensate for the risk. They're not doing that whole "one is up while the other is down" thing anymore like they used to.
Maybe treasuries is where it's at these days for the fixed income portion?
buffet is not a fan of bonds at all! I have been keeping a close eye on treasury bonds, planning to start buying if they ever get to 5% interest. Although I've noticed that sometimes lately they have been selling over the par value, which is not cool in my book, lol! If rates hit 5% I will watch the purchase price for a month or two, I think people get excited at the rate switch so I will try to wait to see if that happens at a jump and then cools down? Not sure. but 5% locked in for 20-30 years would be great I think, especially if the fed is targeting 2% inflation as they ideal. I'm not a huge fan either. But a lot of people way smarter than me on this kind of stuff seem to feel that it's important to have some. I'll say my son's 529 that was in an age-based fund that was heavy in bonds and fixed income weathered the downturn much better than his UTMA that was 100% stocks...which was a relief.
|
|
Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,018
|
Post by Rukh O'Rorke on Apr 1, 2023 16:43:17 GMT -5
Update.....
| 04.01.2021 | 04.01.2022 | 01.01.2023 | 02.01.2023 | 03.02.2023 | 04.01.2023 | 401k and rollovers | $1,304,844
| $1,629,256
| 958,376 | 1,176,145
| 1,179,871
| 1,259,436
| Roth | $197,893
| 213,577
| 75,245 | 104,637
| 112,479
| 122,508
| I-bonds |
| 17,142
| 21,252 | 21,418 | 21,566
| 24,215
| Notes, Bills, TIPS |
|
| 7,000 | 7,500
| 7,500
| 7,500
| Other: EF, ESOP, HSA | $49,159
| 40,640
| 15,084 | -3,408
| -1,761 | -5,101 | Total | $1,551,896
| $1,900,615
| 1,048,705
| 1,306,210
| 1,311,709
| 1,408,558
|
filled in March values too....
|
|
Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,018
|
Post by Rukh O'Rorke on Apr 1, 2023 16:44:58 GMT -5
March 31, 2023, update Assets Cash 24,085.74 Retirement 171,279.29 House 80,000.00 Car 1,750.00 Stock 6,473.21 HSA 7,495.18 Total Assets 291,083.42 Liabilities Mortgage 50,699.47 Helco 6,139.47 Car 1,270.65 Total Liabilities 58,109.59 Net Worth 232,973.83 Movement in the correct direction. closing in on a quarter million!!!
|
|
Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,018
|
Post by Rukh O'Rorke on Apr 1, 2023 17:12:14 GMT -5
Awesome!!! What is your target allocation at retirment? I haven't decided yet. I don't think I'll ever be a 60/40 person though...at least not in early retirement. Right now 90/10 feels "ok" and I can see maybe going to 75/20/5 (stock/bond/cash equivalent) prior to retirement. I'm contemplating changing where some of my new contributions go in my 401K to build up the bond portion rather than sell things later. Currently it's 100% S&P Index fund. I got another big raise this week (for me). Second on in less than a year! So, I'm going in to change things up on the 401K front anyhow.
congrats on the raise!! how are you going to change 401k? interested how the raise impacts funds selection/AA. or do you only mean upping bond portion? not sure how raise is figuring into that as seems you were already considering? are you including ibonds as bonds or cash equivlent in your AA? Seems they can function more like CD than bonds I think. I have no idea where I am going with AA. Been 100% stocks POV for a long time....I am considering everything bought through treasury direct as cash equavilent since capital is not risked if you keep to maturity. Am considering something between 80/0/20 and 88/0/12, but still really tentative about it all.
|
|
Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,018
|
Post by Rukh O'Rorke on Apr 1, 2023 17:24:50 GMT -5
Update.....
| 04.01.2021 | 04.01.2022 | 01.01.2023 | 02.01.2023 | 03.02.2023 | 04.01.2023 | 401k and rollovers | $1,304,844
| $1,629,256
| 958,376 | 1,176,145
| 1,179,871
| 1,259,436
| Roth | $197,893
| 213,577
| 75,245 | 104,637
| 112,479
| 122,508
| I-bonds |
| 17,142
| 21,252 | 21,418 | 21,566
| 24,215
| Notes, Bills, TIPS |
|
| 7,000 | 7,500
| 7,500
| 7,500
| Other: EF, ESOP, HSA | $49,159
| 40,640
| 15,084 | -3,408
| -1,761 | -5,101 | Total | $1,551,896
| $1,900,615
| 1,048,705
| 1,306,210
| 1,311,709
| 1,408,558
|
filled in March values too.... Going to start keeping track of my AA for retirement funds....96/0/4 Need to start directng more money into cash equivalents for sure! Like MPL, do not want to sell existing stocks to do move allocation. Got nothing good in 401k at work though.....so all that money is still going to stocks, so need to think this through...... Aside from Ibonds and treasuries, my HSA is all cash - but I do want to invest that now that the balance is good aka about 3 years of OOP maxes. So then will have even lower cash amounts.....
|
|
Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,018
|
Post by Rukh O'Rorke on Apr 1, 2023 17:37:13 GMT -5
Adding some AA thoughts. Where I end up will depend of course on what age I retire and my expected social security start day and amount. The higher percent of monthly expenses met by the social security check, the higher the stock AA will be. Will be much more cautious in my AA if I do retire before 62, just knowing I could start drawing at any given time would embolden me! Then at 62, if markets are bullish, will try to hold off on social security to increase the monthly payment as much as I can until the market slumps. Even in a slump, if not too severe may try to tough it out for the "big" payout at 70
|
|
|
Post by minnesotapaintlady on Apr 1, 2023 18:37:45 GMT -5
congrats on the raise!! how are you going to change 401k? interested how the raise impacts funds selection/AA. or do you only mean upping bond portion? not sure how raise is figuring into that as seems you were already considering?I just meant I was going to be in the website making changes to the contribution percentage after the raise (actually down, not up) and since I was in there I might read up on the other investment options and maybe change things. I don't go into my 401K site very often. I can view the balance on the app and that's all I normally care about.
|
|
tcu2003
Senior Member
Joined: Dec 31, 2010 15:24:01 GMT -5
Posts: 4,942
|
Post by tcu2003 on Apr 2, 2023 12:12:48 GMT -5
Here is my March 2023 update:
ASSETS: Checking/Savings: $224,631 House: $512,700 Retirement: $1,732,254 Brokerage: $40,439 529s: $80,190
DEBTS: $0
Total NW: $2,590,215
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.
|
|
aricia
Junior Member
Joined: May 18, 2011 13:36:32 GMT -5
Posts: 151
|
Post by aricia on Apr 2, 2023 21:05:44 GMT -5
4/1/2023
Assets: House: $300,000+ Cash: $370,000 I bonds: $265,000 Brokerage: $180,000 401k/IRAs: $1,310,000 HSA: $45,000 529s: $70,000 Cars (4): $30,000
Net worth: $2,570,000
|
|
Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,018
|
Post by Rukh O'Rorke on Apr 3, 2023 16:27:32 GMT -5
tcu2003 and aricia you two are neck and neck! Any feelings of competitiveness?
|
|
tcu2003
Senior Member
Joined: Dec 31, 2010 15:24:01 GMT -5
Posts: 4,942
|
Post by tcu2003 on Apr 3, 2023 20:44:29 GMT -5
tcu2003 and aricia you two are neck and neck! Any feelings of competitiveness? Not on my end. I love cheering for and seeing others succeed - especially other women! I think we’re pretty close in age, so would be fun to compare cost of living/geographic areas, salaries, kid ages, etc for grins and giggles. Same reason I like seeing azucena’s updates - similar combined household incomes, 2 kids, both in Midwest, both have too much cash, etc. ☺️
|
|
aricia
Junior Member
Joined: May 18, 2011 13:36:32 GMT -5
Posts: 151
|
Post by aricia on Apr 5, 2023 22:05:37 GMT -5
Nope, not feeling competitive! From what I’ve picked up on, I agree that we are in pretty similar situations and I like watching BOTH of our net worths grow!
Me 45, DH 43, one elementary school child and one middle school child LCOL, small town in Midwest. BestPlaces.net gives our town’s COL as 80 with a USA average of 100. DH salary $235,000, plus bonus and stock options = $325,000 for 2023 I worked very part time after we had kids but stopped in 2020.
|
|
|
Post by minnesotapaintlady on Apr 6, 2023 7:00:15 GMT -5
t-dog was always my net worth buddy, we were crossing milestones simultaneously quite often, but she hasn't posted for years.
|
|
Ava
Senior Member
Joined: Jan 30, 2011 12:23:55 GMT -5
Posts: 4,168
|
Post by Ava on Apr 7, 2023 18:36:02 GMT -5
I just realized I haven't checked my net worth in a very long time.
Assets
Condo $96,300 per Zillow Car $16,027 per Kelley Blue Book Cash $3,000 Retirement Accounts $254,924 HSA $27,000
Total Assets $397,251
Liabilities
Credit Card $1,000- This is a Fidelity Visa card that I use for everything and it gives 2% back. Car Loan- $8,890 Mortgage- $50,143 Student Loan- $77,153
Total Liabilities- $137,186
Total Net Worth $260,065
|
|
Ombud
Junior Associate
Joined: Jan 14, 2013 23:21:04 GMT -5
Posts: 7,592
|
Post by Ombud on Apr 28, 2023 12:01:39 GMT -5
Schwab Accts: | | %
| Previous: | 895,551
| Stocks | 768,348
| 84%
| Fixed Income | 145,146
| 16%
| Current | 913,735
| Difference | +2%
| YTD | +7.92%
|
|
|
Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,018
|
Post by Rukh O'Rorke on Apr 28, 2023 12:27:27 GMT -5
Schwab Accts: | | %
| Previous: | 895,551
| Stocks | 768,348
| 84%
| Fixed Income | 145,146
| 16%
| Current | 913,735
| Difference | +2%
| YTD | +7.92%
|
wait!! why!! you have to wait until close of business today!!! for end of month figures.....
|
|
ners
Junior Associate
Joined: Dec 23, 2010 16:21:18 GMT -5
Posts: 6,481
|
Post by ners on Apr 28, 2023 19:55:48 GMT -5
Update
Assets Cash 25,342.32 Retirement 172,960.89 House 80,000.00 Car 1,700.00 Stock 6,623.82 HSA $7,595.70
Total Assets 294,222.73
Liabilities
Mortgage 50,504.40 Helco 5,804.37 Car 0.00
Total Liabilities 56,308.77
Net Worth $237,913.96
|
|
|
Post by minnesotapaintlady on Apr 28, 2023 21:55:37 GMT -5
Finally over the 800K mark in retirement again. It hit that for the first time in November of 2021. I hate to think of how much money I've thrown in there since then to get back to where I was. Mortgage - $74,980 CC debt - $4993 Total Debt $79,973Cash and Savings - $54,623 529s - $65,405 Retirement - $806,452 House - $300,000 Total Assets $1,226,480Net Worth $1,146,507 (up about 3.5%)
|
|
Ombud
Junior Associate
Joined: Jan 14, 2013 23:21:04 GMT -5
Posts: 7,592
|
Post by Ombud on Apr 28, 2023 22:41:59 GMT -5
Schwab Accts: | | %
| Previous: | 895,551
| Stocks | 768,348
| 84%
| Fixed Income | 145,146
| 16%
| Current | 913,735
| Difference | +2%
| YTD | +7.92%
|
wait!! why!! you have to wait until close of business today!!! for end of month figures..... Ok. Schwab Accts: | | % | Previous: | 895,551
| Stocks | 769,067
| 84%
| Fixed Income | 145,146
| 16%
| Current | 914,314
| Difference | 2%
| YTD | 8%
|
Nowhere close to my 'high'
|
|
Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,018
|
Post by Rukh O'Rorke on Apr 29, 2023 10:11:57 GMT -5
|
|