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August 2009 net worth update

August 18th, 2009 at 09:41 pm

Assets:
NT's UK pensions: 7,250 pounds ($14,500)
10,725 pounds ($21,450)
NT's 401(k): $5,692
AS's 403(b): $2,888
AS's CD: $500
AS retirement savings: $485
CJ's 401(k): $26,401
NT's flat: 130,000 pounds ($260,000)
CJ & AS's condo: $160,000
Baby/emergency fund (shared asset): $5,236
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Total Assets: $497,152

Total Debt: $391,851

Current Estimated Net Worth: $105,301

June 2009 estimate: $99,744

Change in net worth: +$5,557

Summary: Wow! We shot past the $100,000 mark much further than I predicted. NT and I combined gained over $3000 in 401(k) worths. I also set aside a bit for AS and into our EF. We paid off a modest amount of debt as well.

Looks like our total assets are nearing the $500,000 mark again, where they haven't been in a loong time! Should get there by the end of the year...

I will update my "Individual Net Worth" page shortly so you can see how it breaks out.

Notes on the numbers above: House value estimates are conservative, and retirement totals don't include amounts currently unvested. I don't have a way to check NT's UK pensions or flat value, so their values stay static for the purpose of this update. UK asset values and debt amounts are calculated figuring $2 for every British pound, which was the exchange rate when I started keeping track. I maintain that ratio for the purpose of tracking progress, even though the exchange rate is now closer to $1.50 per British pound.

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