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July 2010 net worth update

July 25th, 2010 at 07:57 pm

Assets:
NT's UK pensions:
#1: 12,663 pounds ($25,326)
#2: 14,721 pounds ($29,442)
#3: 3,709 pounds ($7,418)
NT's 401(k): $9,308
AS's 403(b): $3,300
AS's IRA: $1,682
AS's 401(k): $634
CJ's 401(k): $32,315
NT's flat: 130,000 pounds ($260,000)
CJ & AS's condo: $160,000
Baby/emergency fund (shared asset): $8,482
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Total Assets: $537,907

Total Debt: $364,005

Current Estimated Net Worth: $173,902

June 2010 estimate: $163,573

Change in net worth: +$10,329

Summary: All our retirement accounts and the EF showed modest gains (NT's 401k did especially well because his company dumped a $700 bonus in there). We also paid off over $1K of debt. But there was another huge leap this month, nearly as big as last month's, due to my finally confirming there was a third pension account in the UK that NT had forgotten he had.

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 fairly conservative. 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 $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 $1.60 per British pound.

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