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March net worth update

March 25th, 2009 at 08:26 pm

Assets:
NT's UK pensions: 7,250 pounds ($14,500)
10,725 pounds ($21,450)
NT's 401(k): $3,473
AS's 403(b): $2,888
AS's CD: $500
CJ's 401(k): $19,956
NT's flat: 130,000 pounds ($260,000)
CJ & AS's condo: $160,000
Baby/emergency fund (shared asset): $2609
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Total Assets: $485,376

Total Debt: $400,853

Current Estimated Net Worth: $84,523

February 2009 estimate: $80,612

Change in net worth: +$3,911

Summary: With all the excitement recently (especially NT being free of CC debt!!), I nearly forgot to do our net worth for March. My 401(k) actually increased in value, as did NT's, and we paid off a good amount of debt, so we gained some ground in our net worth.

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 or flat value, 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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