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Home > July 2025 net worth update
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July 2025 net worth update
August 1st, 2025 at 05:58 pm
We had a very modest increase (about $10K) in net worth; $2K was mortgage reduction and the rest our retirement funds. We're still solidly in CoastFIRE status with a $100K+ surplus, which is good because our spending is outpacing our earnings so far this year. (Some of the extra spending is discretionary; we're taking a trip to Europe and a few others as well, and some of the home improvements we've made weren't strictly necessity. Other things like healthcare, escrow increase, taxes owed and supportive care for our cat with cancer were unavoidable unforeseen costs.) I'm leaning on our HELOC to keep our checking account in the green. I'm hoping to pay some or all of it down before the end of the year, so I haven't added it to the debt side of our net worth calculations, but if it's still lingering by the new year, I will.
Since we all have self-employment and side hustles in addition to the more predictable income of NT's job and the property rentals, that could still change, fingers crossed. But I'm glad we have this cushion in our CoastFIRE plan right now; it makes me less stressed about this year's deficit.
| Assets |
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| NT's UK pensions: |
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| AV1: 29,509 pounds |
$36,886 |
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| SW: 37,117 pounds |
$46,396 |
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| AV2: 7,971 pounds |
$9,964 |
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| NT's trad. rollover IRA |
$144,294 |
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| NT's Roth IRA |
$96,310 |
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| NT's SEP IRA |
$8,286 |
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| NT's AAC acct |
$12,014 |
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| AS's trad. rollover IRA |
$36,033 |
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| AS's Roth IRA |
$135,938 |
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| AS's SEP IRA |
$96,987 |
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| AS's Nevada acct (approx amt) |
$380 |
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| CJ's trad. rollover IRA |
$306,375 |
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| CJ's Roth IRA |
$104,007 |
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| CJ/NT/AS house ($643,000 value -6%) |
$604,420 |
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| CJ/NT/AS rental property ($599,000 value -6%) |
$563,060 |
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| TOTAL ASSETS |
$2,201,350 |
retirement only: |
$1,033,870 |
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| Debt |
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| Main mortgage |
$324,829 |
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| Rental property mortgage |
$372,342 |
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| Loan from friends (main house) |
$9,000 |
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| TOTAL DEBT |
$706,171 |
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| Current Estimated Net Worth July 2025 |
$1,495,179 |
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| June 2025 estimate: |
$1,484,743 |
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| Change in net worth |
$10,436 |
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| COAST FIRE: |
https://walletburst.com/tools/coast-fire-calc/ |
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| retirement goal |
$1.59 million by 2039 (CJ age 65) |
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| Current age: 51 |
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| Retirement age: 65 |
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| Annual spending in retirement: $63,600 |
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| Monthly contribution: $250 |
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| Investment growth rate: 7% |
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| Inflation rate: 3% |
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| Withdrawal rate: 4% |
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| Current invested assets |
$1,033,870 |
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| Coast FIRE number at current age |
$918,185 |
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| Current status: at Coast FIRE with surplus: |
$115,685 |
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| Coast FIRE budget |
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| Ideal budget |
Monthly |
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| Housing |
$0 |
(rent will cover prop expenses) |
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| Healthcare |
$1,500 |
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| Groceries |
$1,000 |
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| Fun |
$1,500 |
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| Travel |
$1,000 |
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| Utilities |
$500 |
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| Giving |
$500 |
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| Home improvement |
$500 |
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| Gifts |
$250 |
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| Transportation |
$250 |
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| Monthly |
$7,000 |
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| Minus add'l rental income |
-$1,700 |
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| Total monthly |
$5,300 |
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| Annual |
$63,600 |
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| SSN estimates 2024 |
Start age 62 |
Start age 70 |
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| Monthly benefit |
$4,200 |
$7,200 |
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| Plus monthly from retirement |
$5,300 |
$5,300 |
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| Total monthly |
$9,500 |
$12,500 |
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Posted in
Tracking Net Worth
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August 2nd, 2025 at 09:17 pm 1754165863