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October 2014 net worth update

October 15th, 2014 at 04:05 pm

Assets:
NT's UK pensions:
#1: 17,105 pounds ($27,368)
#2: 19,653 pounds ($31,445)
#3: 4,452 pounds ($7,123)
NT's 401(k): $31,033
NT's Roth IRA: $6,930
AS's 401(k): $12,979
AS's trad. IRA: $1,682
AS's Roth IRA: $18,605
CJ's 401(k): $70,465
CJ's Roth IRA: $6,930
NT's flat: 140,000 pounds ($224,000)
CJ & AS's condo: $140,000
CJ/NT/AS house: $440,000
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Total Assets: $1,018,560

Total Debt: $679,079

Current Estimated Net Worth: $339,481

September 2014 estimate: $351,278

Change in net worth: -$11,797

Summary: Debt repayment couldn't outpace the market downturn that hit all our retirement funds, especially since we haven't been contributing anything to our Roths. Also, I downgraded the value of the US condo to our current sale price (though it's going to end up being worth less than that with the money we have to pay to sell it).

I'll update the Individual Net Worth page shortly, breaking it out by person.

Notes on the numbers above: House value estimates are 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 $1.60 for every British pound..60 for every British pound.

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