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October 2016 net worth

November 2nd, 2016 at 08:10 am

NT's UK pensions:
#1: 17,105 pounds ($21,381)
#2: 20,501 pounds ($25,626)
#3: 5,523 pounds ($6,904)
NT's 401(k): $45,526
NT's Roth IRA: $14,268
AS's trad. IRA: $15,380
AS's Roth IRA: $30,665
AS's SEP IRA: $10,762
CJ's 401(k): $91,383
CJ's Roth IRA: $18,730
NT's flat: 180,000 pounds ($225,000)
CJ/NT/AS house: $470,000 (value -6%)
Total Assets: $975,625

US Mortgage (duplex) $401,590
Loan from friends (duplex) $9,000
UK Mortgage 1: $36,112
UK Mortgage 2: $7,612
UK Mortgage 3: $8,016
Total Debt: $462,330

Current Estimated Net Worth: $513,295

August 2016 estimate: $556,383

Change in net worth: -$43,088

Summary: The market trended downward slightly, we managed to put quite a bit into our retirement -- but the biggest change was the currency exchange rate from $1.50 to $1.25 per British pound. Took our total assets below a million for the first time since May, and our net worth to its lowest since March. Ah well -- it's just a math thing. We'll build back up.

Notes on the numbers above: House value estimates are approximate. (I do have my eye on a comparable listing for the UK flat and one for the US duplex, but no movement on them as yet. Their sale prices [if they sell] should give me a good idea of both properties' true worth.) UK pension values updated about once a year. UK asset values and debt amounts are calculated figuring $1.25 for every British pound.

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