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July 2012 net worth update

July 19th, 2012 at 04:59 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): $16,961
NT's Roth IRA: $4,213
AS's 401(k): $7,221
AS's trad. IRA: $1,682
AS's Roth IRA: $7,159
CJ's 401(k): $43,019
CJ's Roth IRA: $4,213
NT's flat: 130,000 pounds ($260,000)
CJ & AS's condo: $160,000
Baby/emergency fund (shared asset): $14,750
House down payment/moving fund: $1,000
---
Total Assets: $587,414

Total Debt: $308,822

Current Estimated Net Worth: $278,592

June 2012 estimate: $274,611

Change in net worth: +$3,981

Summary: Modest gains in all our retirement accounts and a modest amount of saving and debt repayment add up again! We need to increase our net worth by $4,282 per month to reach our goal by year's end, but considering this was a month when we didn't pay much extra on debt at all, this is a good result.

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.

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