Year over Year Changes/history:
- 2012 -Here is our 2012 year end net worth. Cutting to the chase, our net worth at the end of last year was $933,487.
- And, our 2011 year end net worth. Executive summary - net worth at the end of 2011 was $807,149.
2013 End of the Year Net Worth -
Drumroll . . . $1,234,033. We're up almost exactly $300,000 from last year - helped primarily by the giant uptick in the stock market, and paying down our mortgages.
Here are the nitty gritty details (note that we don't include employer stock options, as they are on an extended vest):
-$939,808 (property loans). We're below the $1 million mark! Woohoo!
+Seattle house value - $1,045,000
+Vacation house value - $400,000
+Retirement savings - $701,616
+Cash - $28,505
Total assets = $2,175,124
Assets - Liabilities = $1,234,033.
All told, we're up almost 200% since our first official tracking in September of 2010, when our net worth was $628,009. I would like to retire (meaning, move to a part-time job) at 50, which is 13 years away. My health will dictate if this is realistic. M has no plans of retiring, and he'll be 47 this year.
We have lots of plans for the year ahead. . . we hope to sell our vacation house (well, plan to, I certainly don't hope to sell it, but you know what I mean), continue to accumulate cash so we can purchase a home in California, & potentially adjust our retirement savings over the next few years so we can build a downpayment.
Do you track your net worth? What are your plans to increase it this year?