|
|
|
Archive for September, 2026
September 30th, 2026 at 06:43 pm
Well, this was a meh month for net worth. We basically erased the $12K of gains from last month. I'll really be interested to see where this year ends vs where it began, because I don't feel like we've had too many great months. At least we're still in Coast status by both my future calculations, with the lower estimate being that we have a $280K surplus in retirement savings, so that's good.
Most of the loss was retirement accounts and a few grand was borrowing from the HELOC to cover our shortfall. More on that hopefully in a separate post; suffice it to say it's still a sticky financial situation but we're much better off than we were at the end of last month. We're still adding a lot of debt this year and we'll still need to pare down our 2027 annual budget, but once again, pulling together with my partners has yielded a great amount of progress!
| Assets |
|
|
|
| NT's UK pensions: |
|
|
|
| AV1: 33,420 pounds |
$41,775 |
|
|
| SW: 41,722 pounds |
$52,153 |
|
|
| AV2: 8,462 pounds |
$10,578 |
|
|
| NT's trad. rollover IRA |
$173,862 |
|
|
| NT's Roth IRA |
$115,971 |
|
|
| NT's SEP IRA |
$10,140 |
|
|
| NT's AAC acct |
21,554 |
|
|
| AS's trad. rollover IRA |
$43,290 |
|
|
| AS's Roth IRA |
$166,354 |
|
|
| AS's SEP IRA |
$116,786 |
|
|
| AS's Nevada acct (approx amt) |
$380 |
|
|
| CJ's trad. rollover IRA |
$356,982 |
|
|
| CJ's Roth IRA |
$125,240 |
|
|
| CJ/NT/AS house ($643,000 value -6%) |
$604,420 |
|
|
| CJ/NT/AS rental property ($599,000 value -6%) |
$563,060 |
|
|
| TOTAL ASSETS |
$2,402,544 |
retirement only: |
$1,235,064 |
| |
|
|
|
| Debt |
|
|
|
| Main mortgage |
$311,444 |
|
|
| Rental property mortgage |
$362,937 |
|
|
| HELOC |
$49,000 |
|
|
| Windows |
$14,695 |
|
|
| Loan from friends (main house) |
$9,000 |
|
|
| TOTAL DEBT |
$747,076 |
|
|
| |
|
|
|
| Current Estimated Net Worth Sept 2026 |
$1,655,468 |
|
|
| |
|
|
|
| August 2026 estimate: |
$1,675,242 |
|
|
| |
|
|
|
| Change in net worth |
-$19,774 |
|
|
| |
|
|
|
| |
|
|
|
| COAST FIRE: |
https://walletburst.com/tools/coast-fire-calc/ |
|
|
| retirement goal |
$1.59 million by 2039 (CJ age 65) |
|
|
| |
|
|
|
| Current age: 52 |
|
|
|
| Retirement age: 65 |
|
|
|
| Annual spending in retirement: $63,600 |
|
|
|
| Monthly contribution: $250 |
|
|
|
| Investment growth rate: 7% |
|
|
|
| Inflation rate: 3% |
|
|
|
| Withdrawal rate: 4% |
|
|
|
| Current invested assets |
$1,235,064 |
|
|
| Coast FIRE number at current age |
$954,913 |
|
|
| Current status: at Coast FIRE with surplus: |
$280,151 |
|
|
| |
|
|
|
| |
|
|
|
| Coast FIRE budget |
|
|
|
| Ideal budget |
Monthly |
|
|
| Housing |
$0 |
(rent will cover prop expenses) |
|
| Healthcare |
$1,500 |
|
|
| Groceries |
$1,000 |
|
|
| Fun |
$1,500 |
|
|
| Travel |
$1,000 |
|
|
| Utilities |
$500 |
|
|
| Giving |
$500 |
|
|
| Home improvement |
$500 |
|
|
| Gifts |
$250 |
|
|
| Transportation |
$250 |
|
|
| Monthly |
$7,000 |
|
|
| Minus add'l rental income |
-$1,700 |
|
|
| Total monthly |
$5,300 |
|
|
| Annual |
$63,600 |
|
|
| |
|
|
|
| SSN estimates 2024 |
Start age 62 |
Start age 70 |
|
| Monthly benefit |
$4,200 |
$7,200 |
|
| Plus monthly from retirement |
$5,300 |
$5,300 |
|
| Total monthly |
$9,500 |
$12,500 |
|
Posted in
Tracking Net Worth
|
0 Comments »
|