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June 2013 net worth update

June 18th, 2013 at 07:22 pm

Assets:
NT's UK pensions:
#1: 13,884 pounds ($22,214)
#2: 17,268 pounds ($27,629)
#3: 3,709 pounds ($5,934)
NT's 401(k): $23,665
NT's Roth IRA: $5,600
AS's 401(k): $9,782
AS's trad. IRA: $1,682
AS's Roth IRA: $12,662
CJ's 401(k): $55,989
CJ's Roth IRA: $5,600
NT's flat: 140,000 pounds ($224,000)
CJ & AS's condo: $145,000
Emergency fund (shared asset): $15,000
House down payment/moving fund (shared): $4,544
---
Total Assets: $559,301

Total Debt: $258,175

Current Estimated Net Worth: $301,126

April 2013 estimate: $263,203

Change in net worth: +$37,923 (over 2 months)

Summary: I didn't do a net worth calculation in May because of our vacation, so this covers two months of progress. And, just like that, we're back up to $300K net worth! Retirement went up quite a bit, debt went down, but the biggest contributing factor was finding out that NT's home was worth 140K pounds instead of our estimated 125K. That right there added $24K to our assets.

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 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 $1.60 for every British pound.

2 Responses to “June 2013 net worth update”

  1. scfr Says:
    1371604692

    Just remarkable the progress you have made ... anyone new to the blogs looking at this with envy should go back and read some of her earliest blog entries. The nice figure above is due to lots of hard work & dedication and a laser-like focus on her goals.

  2. ceejay74 Says:
    1371615732

    You are too kind, scfr. But, I do feel like I'm a good example, because if I could stop being a financial flop, literally anyone could. I never knew anyone more hopeless (and hapless) than me with money, but I've figured things out little by little.

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