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May 2010 net worth update

May 19th, 2010 at 08:46 pm

I just posted an entry linking to an article calculating

Text is presidents' individual net worth and Link is http://ceejay74.savingadvice.com/2010/05/19/presidents-net-worth_59216/
presidents' individual net worth. It reminded me that it's about time for a net worth update!

Assets:
NT's UK pensions: 7,250 pounds ($14,500)
14,721 pounds ($29,442)
NT's 401(k): $8,119
AS's 403(b): $3,237
AS's IRA: $1,682
AS's 401(k): $353
CJ's 401(k): $31,745
NT's flat: 130,000 pounds ($260,000)
CJ & AS's condo: $160,000
Baby/emergency fund (shared asset): $8,355
---
Total Assets: $517,433

Total Debt: $366,399

Current Estimated Net Worth: $151,034

April 2010 estimate: $152,639

Change in net worth: -$1,605

Summary: We suffered a dip in net worth for the first time in ages. NT's and my 401(k) accounts lost about $4K total, and small gains for AS and the baby/EF, as well as a modest decrease in our debt, weren't enough to offset that. I wasn't aware there was market volatility this month, beyond that one crazy day on Wall Street.

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 fairly conservative. 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 (unless I happen to get some info by chance). 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 $1.60 per British pound.

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