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Archive for October, 2021

September 2021 net worth update

October 7th, 2021 at 03:24 am

NT's UK pensions:
AV1: 22,397 pounds ($27,996)
SW: 27,225 pounds ($34,031)
AV2: 7,567 pounds ($9,459)
NT's trad. rollover IRA: $110,944
NT's Roth IRA: $68,620
NT's SEP/SIMPLE: $1,237
AS's trad. rollover IRA: $27,899
AS's Roth IRA: $96,160
AS's SEP IRA: $73,417
CJ's 401(k): $230,274
CJ's Roth IRA: $73,553
Proceeds of NT's flat: $179,000 (approx)
CJ/NT/AS house: $592,200 ($630,000 value -6%)
TOTAL ASSETS: $1,524,790

US Mortgage $364,454
Loan from friends (duplex) $9,000
TOTAL DEBT $373,454

Current Estimated Net Worth: $1,151,336

August 2021 estimate: $1,173,382

Change in net worth: -$22,046

Summary: Our first big dip in a while due to the market's effect on our retirement accounts. You may notice our debt section is a lot shorter--it's because we sold the UK flat and paid off the UK mortgages! We about broke even net worth-wise on that. I keep meaning to do a big news update but still waiting for some things to be sorted out on the flat taxes as well as the net pay for AS's new job.

Notes on the numbers above: House value estimates are usually approximate. UK pension values updated about once a year. UK asset values are calculated figuring $1.25 for every British pound (just to have a system, even though the exchange rate varies).