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December net worth update

December 23rd, 2008 at 07:06 pm

Assets:
NT's UK pensions: 7,250 pounds ($14,500)
10,725 pounds ($21,450)
NT's 401(k): $2,898
AS's 403(b): $3,010
AS's CD: $500
CJ's 401(k): $20,212
NT's flat: 130,000 pounds ($260,000)
CJ & AS's condo: $170,000
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Total Assets: $492,570

Total Debt: $411,044

Current Estimated Net Worth: $81,526

November 2008 estimate: $78,119

Change in net worth: +$3,407

Summary: We paid off at least $1,500 in debt; AS and I showed small gains in our retirement accounts; AS has a new CD in her name; and NT's bonus included 401(k) contribution (with matching!), so his account's value went up nearly $1,000.

I will update my "Individual Net Worth" page shortly so you can see how it breaks out.

Notes on the numbers above: House value estimates are conservative, and retirement totals don't include amounts currently unvested. I don't have a way to check NT's UK pensions, so their values stay static for the purpose of this update. 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 $1.50 per British pound.

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