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May 2012 net worth update

May 21st, 2012 at 05:37 pm

Assets:
NT's UK pensions:
#1: 13,884 pounds ($27,768)
#2: 16,005 pounds ($32,010)
#3: 3,709 pounds ($7,418)
NT's 401(k): $15,964
NT's Roth IRA: $3,897
AS's 401(k): $6,761
AS's trad. IRA: $1,682
AS's Roth IRA: $6,403
CJ's 401(k): $40,841
CJ's Roth IRA: $3,897
NT's flat: 130,000 pounds ($260,000)
CJ & AS's condo: $160,000
Baby/emergency fund (shared asset): $13,999
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Total Assets: $580,640

Total Debt: $310,961

Current Estimated Net Worth: $269,679

April 2012 estimate: $272,065

Change in net worth: -$2,386

Summary: Sigh. Despite paying off a few thousand of debt and making our regular contributions of over a thousand to our retirement accounts, all our retirement accounts lost value more than that. Sometimes I feel like we're getting no returns on our retirement accounts. But, since I don't keep records of what I've contributed, I can't look up the truth to cheer myself up.

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 very approximate. 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.

1 Responses to “May 2012 net worth update”

  1. Shiela Says:
    1337660008

    I'm not game to look at our retirement fund this month, the Aust market has lost trillion or something crazy amount this month. I think I pre-maturely celebrated going over $100K mark last month, I'm pretty sure it has gone back under it again now.

    Hopefully next month is a different story for all of us.

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