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March 2011 net worth update

March 21st, 2011 at 04:29 pm

Assets:
NT's UK pensions:
#1: 12,663 pounds ($25,326)
#2: 16,005 pounds ($32,010)
#3: 3,709 pounds ($7,418)
NT's 401(k): $12,322
NT's Roth IRA: $3,261
AS's 401(k): $5,351
AS's trad. IRA: $1,682
AS's Roth IRA: $3,703
CJ's 401(k): $39,530
CJ's Roth IRA: $3,261
NT's flat: 130,000 pounds ($260,000)
CJ & AS's condo: $160,000
Baby/emergency fund (shared asset): $9,673
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Total Assets: $563,537

Total Debt: $343,817

Current Estimated Net Worth: $219,720

February 2011 estimate: $219,894

Change in net worth: -$174

Summary: We lost value in all our U.S. retirement accounts, and our debt paydown was very modest, so we posted a loss in net worth for the first time in many months. At least it was only in the hundreds, so it doesn't feel too bad. AS's contributions and debt repayment outweighed her investment losses by about $480, so at least we made a bit more progress toward positive net worth for her.

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

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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