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Home > May 2009 net worth update

May 2009 net worth update

May 19th, 2009 at 07:51 pm

Assets:
NT's UK pensions: 7,250 pounds ($14,500)
10,725 pounds ($21,450)
NT's 401(k): $4,170
AS's 403(b): $2,888
AS's CD: $500
AS retirement savings: $120
CJ's 401(k): $23,001
NT's flat: 130,000 pounds ($260,000)
CJ & AS's condo: $160,000
Baby/emergency fund (shared asset): $3,044
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Total Assets: $489,673

Total Debt: $397,555

Current Estimated Net Worth: $92,118

March 2009 estimate: $88,435

Change in net worth: +$3,683

Summary: While not quite as big a gain as the past two months, this is a healthy increase; a combination of increased savings, debt reduction and market recovery.

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.

2 Responses to “May 2009 net worth update”

  1. gamecock43 Says:
    1243046006

    All increases are appreciated-right? I am afraid of my net worth. Just have not gotten around to facing the big number now that the market has dropped so much.

  2. ceejay74 Says:
    1243055760

    Well, it is turning around, but if you haven't checked it for awhile it may be lower than you want. I've been forcing myself to check all along, so I'm relieved to see my 401(k) begin to recover somewhat. Now if only my home's value would start going up!

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