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Post by minnesotapaintlady on Feb 26, 2021 20:34:30 GMT -5
I'm in the Two Comma Club!!! Ran my monthly NW calculations today and just squeaked over the line at $1,007,712.00 Thank you tax refund and totaling my van!  About 200K of that is home equity.
The most amazing thing to me is it is up 276K in the last 12 months alone.
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giramomma
Distinguished Associate
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Post by giramomma on Feb 26, 2021 20:46:57 GMT -5
Great Job!
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Miss Tequila
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Post by Miss Tequila on Feb 26, 2021 21:11:42 GMT -5
Awesome!! And truly amazing given that you weren’t a high earner. That shows some serious commitment and smart investing!
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Rukh O'Rorke
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Post by Rukh O'Rorke on Feb 26, 2021 21:12:31 GMT -5
I'm in the Two Comma Club!!! Ran my monthly NW calculations today and just squeaked over the line at $1,007,712.00 Thank you tax refund and totaling my van! About 200K of that is home equity.
The most amazing thing to me is it is up 276K in the last 12 months alone.
Fantastic!  Welcome aboard!! |
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ajmom
Initiate Member
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Post by ajmom on Feb 26, 2021 21:14:03 GMT -5
Congratulations! That is quite an achievement!
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schildi
Well-Known Member
3718 and no text
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Post by schildi on Feb 26, 2021 21:28:19 GMT -5
Congrats!
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busymom
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Why is the rum always gone? Oh...that's why.
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Post by busymom on Feb 26, 2021 21:40:44 GMT -5
Well done!!  |
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Post by minnesotapaintlady on Feb 26, 2021 23:02:56 GMT -5
I'm going on a spending spree to celebrate. I ordered a portable jump starter for the car and tomorrow I might go crazy and get a new Fitbit.  |
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mollyanna58
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Post by mollyanna58 on Feb 26, 2021 23:31:27 GMT -5
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buystoys
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Post by buystoys on Feb 27, 2021 9:22:39 GMT -5
w00t!
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GRG a/k/a goldenrulegirl
Senior Associate
"How you win matters." Ender, Ender's Game
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Post by GRG a/k/a goldenrulegirl on Feb 27, 2021 9:30:49 GMT -5
I'm going on a spending spree to celebrate. I ordered a portable jump starter for the car and tomorrow I might go crazy and get a new Fitbit. I see you eating cat food in retirement you spendthrift!! 😉🎉 |
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dannylion
Junior Associate
Gravity is a harsh mistress
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Location: Miles over the madness horizon and accelerating
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Post by dannylion on Feb 27, 2021 9:43:14 GMT -5
Well done! Congratulations!
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finnime
Junior Associate
Be kind. Everyone you meet is fighting a great battle.
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Post by finnime on Feb 27, 2021 10:59:50 GMT -5
Fantastic! Good for you!
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azucena
Junior Associate
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Post by azucena on Feb 27, 2021 11:16:18 GMT -5
My hero!
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Post by minnesotapaintlady on Feb 27, 2021 11:56:41 GMT -5
I'm going on a spending spree to celebrate. I ordered a portable jump starter for the car and tomorrow I might go crazy and get a new Fitbit. I see you eating cat food in retirement you spendthrift!! 😉🎉 No way! Have you priced cat food! That stuffs expensive.  I need to break down and get jeans too. It's to the point where my fat thighs have worn through all my pairs.  I went on to Old Navy to just get a couple more of the exact same thing and it's been so long since I bought that they don't make them anymore. Dammit. Had the same thing happen to me the time before when Pennys quit making the style I had. I swear next time I find jeans that fit well and are comfortable I'm going to buy a dozen pairs. |
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jerseygirl
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Post by jerseygirl on Feb 27, 2021 12:25:39 GMT -5
Well done! Celebrate (frugally!!)
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Rukh O'Rorke
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Post by Rukh O'Rorke on Feb 27, 2021 12:50:28 GMT -5
Although - I was surprised anyone was hitting a milestone right now. My stuff is super down the past month. over 10% . was seriously considering given up the day job this year. Not now. Dreamt of work last night.   |
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tskeeter
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Post by tskeeter on Feb 27, 2021 13:17:59 GMT -5
Well done! I like it when the investment account grows by an amount that exceeds the pay check. Especially if the growth is a few times your annual pay check.  |
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susana1954
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Posts: 1,397
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Post by susana1954 on Feb 27, 2021 19:51:59 GMT -5
I will never hit a million, and I am fine with that. Between the pension and SS, I have as much to live on as I did when I was working + I don't have to save for retirement. I am not rich. I never made over $64k. But that's enough to live on if it is just you, yourself, and you. |
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Post by minnesotapaintlady on Feb 27, 2021 20:04:22 GMT -5
Although - I was surprised anyone was hitting a milestone right now. My stuff is super down the past month. over 10% . was seriously considering given up the day job this year. Not now. Dreamt of work last night. I'm mostly in the S&P. This past couple of days things took a dip, but the S&P hit its all time high just two weeks ago. |
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Post by minnesotapaintlady on Feb 27, 2021 20:13:37 GMT -5
I will never hit a million, and I am fine with that. Between the pension and SS, I have as much to live on as I did when I was working + I don't have to save for retirement. I am not rich. I never made over $64k. But that's enough to live on if it is just you, yourself, and you. I've never made over 50K at my job and that was with a crap ton of OT two years ago, but I won't get any pension, so if I want to take home 50K/year I'm going to need a lot of savings. |
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Rukh O'Rorke
Senior Associate
Joined: Jul 4, 2016 13:31:15 GMT -5
Posts: 10,029
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Post by Rukh O'Rorke on Feb 27, 2021 20:14:07 GMT -5
Although - I was surprised anyone was hitting a milestone right now. My stuff is super down the past month. over 10% . was seriously considering given up the day job this year. Not now. Dreamt of work last night. I'm mostly in the S&P. This past couple of days things took a dip, but the S&P hit its all time high just two weeks ago. and you just checked now? my all time high was January 26th.......things are down, but not so much that it's concerning so I'm ok with that. it was nice while it lasted, and I hope it will come back around again some time. seems to be a dip due to good news and the bond market picking up? if so, not a lot to worry about. |
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Post by minnesotapaintlady on Feb 27, 2021 20:18:52 GMT -5
and you just checked now? Yeah. I always do NW on the 1st after the mortgage posts, but since it was a weekend and nothing was going to happen between now and then I got a jump on it. I'm sure it looked better a couple weeks ago, but I did get all my tax refunds and the van payout this week. |
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susana1954
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Posts: 1,397
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Post by susana1954 on Feb 27, 2021 20:19:02 GMT -5
I will never hit a million, and I am fine with that. Between the pension and SS, I have as much to live on as I did when I was working + I don't have to save for retirement. I am not rich. I never made over $64k. But that's enough to live on if it is just you, yourself, and you. I've never made over 50K at my job and that was with a crap ton of OT two years ago, but I won't get any pension, so if I want to take home 50K/year I'm going to need a lot of savings. Yes, I get it. My pension, though, only increases with an act of the legislature. They haven't passed such an act in 12 years so I can't count on a COLA. That is what my retirement savings are for. One day what I take home now won't be enough. The retirement savings will help. |
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jelloshots4all
Senior Member
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Post by jelloshots4all on Feb 28, 2021 6:45:55 GMT -5
I'm going on a spending spree to celebrate. I ordered a portable jump starter for the car and tomorrow I might go crazy and get a new Fitbit. Congrats!!! That is really awesome!!! I ordered that portable jumper starter you mentioned, hopefully I won't need it. I had Amazon credits so it was $20 well spent IMO. |
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azucena
Junior Associate
Joined: Jan 17, 2011 13:23:14 GMT -5
Posts: 5,195
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Milestone!
Feb 28, 2021 10:02:23 GMT -5
via mobile
Post by azucena on Feb 28, 2021 10:02:23 GMT -5
Since you track so well, can you tell me if you're doubling every 7 yrs or so? Like the rule of 72. Just curious as I'm watching that for my own planning having just crossed 500k.
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Post by minnesotapaintlady on Feb 28, 2021 10:50:40 GMT -5
azucena I've only been tracking closely since April 2012. But, I can give you the annual retirement numbers since then. 4/12 - $175,629 4/13 - $220,713 4/14 - $236,608 4/15 - $277,239 4/16 - $282,048 4/17 - $343,524 4/18 - $404,024 4/19 - $461,495 4/20 - $485,363 3/21 - $662,904 So, up 487K in the past 9 years, but I contributed 165K in those years between 401K, IRA, HSA and employer match, so 322K growth. Of course, the last few years have been pretty crazy. If I pulled the 9 years prior to 2012 it would be a lot different.
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saveinla
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Post by saveinla on Feb 28, 2021 11:18:06 GMT -5
azucena It does more than double if the stock market does well. Between Jan 1st 2006 & Jan 1st 2009, my 401k increased by 1000$, even though I had put in close to 50K and employer had contributed 10K. Those were discouraging numbers especially when they were so small to start with.
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Ava
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Post by Ava on Feb 28, 2021 11:25:16 GMT -5
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bookkeeper
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Post by bookkeeper on Feb 28, 2021 11:28:59 GMT -5
Woot, Woot!!! Congratulations, the first mil is the hardest!
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