An exciting milestone: Our assets reached $2 million! I joked that we're multimillionaires but of course A) That's just assets, not net worth and B) There are 3 of us, so each of us has less than a million to our name. Still, it was a great one to reach!
A couple of interesting property things have happened that I'm not counting toward net worth: My dad transferred all his West Virginia properties to his kids. AS and I now each own 1/8th of the property that's my dad's main vacation destination, and I own 1/4th of three undeveloped properties in WV. They're not worth much and I wouldn't be able to sell them even if I wanted to, so I didn't count them. But the uninhabited ones especially may yield future deals with energy companies, so they're worth holding onto. (My dad also changed the title on his Virginia home to a "transfer on death" deed with me and my 3 sisters the eventual owners, but I'm hoping that doesn't change anything for many years!)
Another kinda cool thing: I checked our CoastFIRE calculations and realized I'd estimated our rental income to be $1500, but it's actually closer to $1700. When I lowered the monthly amount we'd need in retirement from $66,000 to $63,600, our right-now CoastFIRE number decreased from $916,186 to $882,871! We're at $874,651 in retirement savings right now, so in that light, CoastFIRE is much more within reach.
I mean, we're kind of Coasting now anyway; with AS and I still working to build our business up to income levels we're happy with, we've barely been able to put away any retirement income since June. NT has some amount going to retirement--$250 a month maybe?--with the 401(k) for his part-time job. Even just that little amount takes us to 3 years from CoastFIRE!
That's very good news, because even though running my own business is hard, I do not miss working for someone else, and I'd love to be able to keep doing this. The income isn't predictable, which is the main challenge. But knowing we don't need to be going full-tilt on retirement contributions makes it a lot more feasible, especially in these early days of it when we're still building a roster of ongoing clients.