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July 2020 net worth update

July 31st, 2020 at 05:55 pm

Assets:
NT's UK pensions:
AV: 22,397 pounds ($27,996)
SW: 29,047 pounds ($36,309)
FL: 6,462 pounds ($8,078)
NT's 401(k): $92,548
NT's Roth IRA: $46,606
AS's trad. IRA: $21,978
AS's Roth IRA: $68,610
AS's SEP IRA: $47,913
CJ's 401(k): $163,988
CJ's Roth IRA: $51,208
NT's flat: $212,500 (200,000 pounds value x1.25 -15%)
CJ/NT/AS house: $592,200 ($630,000 value -6%)
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TOTAL ASSETS: $1,369,934

Debts:
US Mortgage $368,807
Loan from friends (duplex) $9,000
UK Mortgage 1 $27,929
UK Mortgage 2 $5,888
UK Mortgage 3 $6,200
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TOTAL DEBT $417,824

Current Estimated Net Worth: $952,110

June 2020 estimate: $758,303

Change in net worth: +$193,807

Summary: Wow, thanks to the higher-than-expected home appraisal, we're suddenly nearing net-worth-millionaire status! Our retirement accounts were all up a fair bit too--maybe $20K? So that helped too!

If our refi goes through we'll add about $5K to our debt next month, so I don't expect to keep at this level. I'm also thinking the stock markets can't hold out against the recession forever, so those could tank at any time. Still, this is a nice number to see!

Notes on the numbers above: House value estimates are usually approximate. UK pension values updated about once a year. UK asset values and debt amounts are calculated figuring $1.25 for every British pound.

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