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October 2011 net worth update

October 24th, 2011 at 09:35 pm

Assets:
NT's UK pensions:
#1: 13,753 pounds ($27,506)
#2: 16,005 pounds ($32,010)
#3: 3,709 pounds ($7,418)
NT's 401(k): $13,515
NT's Roth IRA: $3,461
AS's 401(k): $5,785
AS's trad. IRA: $1,682
AS's Roth IRA: $4,899
CJ's 401(k): $38,073
CJ's Roth IRA: $3,461
NT's flat: 130,000 pounds ($260,000)
CJ & AS's condo: $160,000
Baby/emergency fund (shared asset): $11,421
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Total Assets: $569,231

Total Debt: $331,289

Current Estimated Net Worth: $237,942

August 2011 estimate: $230,981

Change in net worth: +$6,961

Summary: Nearly $7,000 gain! NT's federal loan site is still being dumb, and my payment from last Monday still hasn't posted. If it had, we'd have close to an $8,000 gain. Still, this brings us to our highest net worth yet, beating our last high of $235K in July! Most of this was our retirement accounts making up losses.

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

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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