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November 2012 net worth update: slipped under goal amount

November 19th, 2012 at 05:28 pm

Assets:
NT's UK pensions:
#1: 13,884 pounds ($27,768)
#2: 17,268 pounds ($34,536)
#3: 3,709 pounds ($7,418)
NT's 401(k): $19,556
NT's Roth IRA: $4,463
AS's 401(k): $7,708
AS's trad. IRA: $1,682
AS's Roth IRA: $8,615
CJ's 401(k): $45,107
CJ's Roth IRA: $4,463
NT's flat: 130,000 pounds ($260,000)
CJ & AS's condo: $160,000
Emergency fund (shared asset): $16,915
House down payment/moving fund: $2,195
---
Total Assets: $600,426

Total Debt: $300,918

Current Estimated Net Worth: $299,508

August 2012 estimate: $300,000

Change in net worth: -$492

Summary: Well, we paid off debt and added to savings, but it wasn't enough to offset the stock market fluctuations this month; we dipped down below my 2012 goal of $300K net worth.

But, we're only $492 off. I feel confident that we can make that amount up in the December net worth tally and still make our goal.

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 very approximate. 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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