Layout:
Home > October 2012 net worth update - REVISED

October 2012 net worth update - REVISED

October 18th, 2012 at 04:22 pm

Assets:
NT's UK pensions:
#1: 13,884 pounds ($27,768)
#2: 17,268 pounds ($34,536)
#3: 3,709 pounds ($7,418)
NT's 401(k): $20,031
NT's Roth IRA: $4,664
AS's 401(k): $8,005
AS's trad. IRA: $1,682
AS's Roth IRA: $8,740
CJ's 401(k): $47,242
CJ's Roth IRA: $4,664
NT's flat: 130,000 pounds ($260,000)
CJ & AS's condo: $160,000
Emergency fund (shared asset): $16,455
House down payment/moving fund: $1,490
---
Total Assets: $602,695

Total Debt: $302,695

Current Estimated Net Worth: $300,000

August 2012 estimate: $292,272

Change in net worth: +$7,728

Summary: Most of our retirement accounts stayed pretty stagnant (meaning they lost some value, since we did contribute cash to them all), but NT got a matching distribution in his 401(k), one of his UK funds had a significant rise, we added to the EF and moving funds, and we paid off a decent amount of debt. It all adds up! We were just $5 short so I put that amount in the moving fund to take us to our goal. Smile

Our net worth topped $600K for the first time, and we have now reached our goal of $300K net worth! Now I just hope the markets hold out enough for us to keep this net worth through the end of the year.

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.

0 Responses to “October 2012 net worth update - REVISED”

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]