<< Back to all Blogs
Login or Create your own free blog
Layout:
Home > June 2016 net worth update
 

June 2016 net worth update

June 24th, 2016 at 05:43 pm

Doing this early since I won't get to it while we're on vacation in England ...

Assets:
NT's UK pensions:
#1: 17,105 pounds ($25,658)
#2: 20,501 pounds ($30,752)
#3: 4,452 pounds ($6,678)
NT's 401(k): $43,051
NT's Roth IRA: $10,168
AS's trad. IRA: $15,289
AS's Roth IRA: $26,367
AS's SEP IRA: $9,485
CJ's 401(k): $89,389
CJ's Roth IRA: $13,246
NT's flat: 180,000 pounds ($270,000)
CJ/NT/AS house: $470,000 (value -6%)
---
Total Assets: $1,010,083

Total Debt: $480,832

Current Estimated Net Worth: $529,251

May 2016 estimate: $519,476

Change in net worth: +$9,775

Summary: Boy, what didn't happen this month?!? I revised our U.S. home value up, but also added $4K of debt to our friends (see previous post for explanation). I changed the British pound exchange rate from $1.60 to $1.50 in light of the EU nonsense. (Current rate is $1.37 but I do believe it'll stabilize from there, so I went with the general average of the past few years.) So NT's retirement and home values decreased. However, all our U.S. retirement accounts were up this morning (no doubt the Brexit panic will be reflected in tomorrow's balance, so I snuck in just in time!)

Lots of ups and downs, but overall gain of nearly $10K. And our assets are up over a million for the first time since we sold the condo!

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 $1.50 for every British pound.

4 Responses to “June 2016 net worth update”

  1. My English Castle Says:

    But a nice time to spend some US$. Have a great time!

  2. creditcardfree Says:

    Umm yeah, I'm NOT looking at our retirement balance for awhile!

  3. rob62521 Says:

    Good job on your update. I am with ccf...not checking my accounts for awhile either.

  4. ThriftoRama Says:

    Well, la di dah! Over $1million!

    I have to add, I consider myself a reasonably on top of things person until I log on to this site and see everyone's math and spreadsheets. Y'all make me feel like a slacker.

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Will not be published.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 9.  [ Why? ]

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