tag:blogger.com,1999:blog-2445523662180116681.post4084037283289622286..comments2024-03-28T15:14:39.600-07:00Comments on The Hawaii Plan: 2013 End of Year Net Worth UpdateHawaii Plannerhttp://www.blogger.com/profile/04760426766801381563noreply@blogger.comBlogger11125tag:blogger.com,1999:blog-2445523662180116681.post-8303979959773215562014-01-04T11:26:47.180-08:002014-01-04T11:26:47.180-08:00Thank you! Super excited about the year ahead. :-)...Thank you! Super excited about the year ahead. :-)Hawaii Plannerhttps://www.blogger.com/profile/04760426766801381563noreply@blogger.comtag:blogger.com,1999:blog-2445523662180116681.post-38592037919031717652014-01-04T01:09:37.542-08:002014-01-04T01:09:37.542-08:00Great job HP - especially as you had so much going...Great job HP - especially as you had so much going on! Here's to a great 2014 :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2445523662180116681.post-27776909246264182952014-01-03T14:02:28.662-08:002014-01-03T14:02:28.662-08:00Thanks! Yes, the market in Seattle is doing well, ...Thanks! Yes, the market in Seattle is doing well, so we're holding on to the house for a while. We are hoping it will be cost neutral (rent offsets payments) this year, with a potential to make money on it in the next few years.Hawaii Plannerhttps://www.blogger.com/profile/04760426766801381563noreply@blogger.comtag:blogger.com,1999:blog-2445523662180116681.post-36447818981824011012014-01-03T14:00:16.162-08:002014-01-03T14:00:16.162-08:00You're doing great! I think at this stage, we&...You're doing great! I think at this stage, we're really focused on expense reduction, and understanding how to use our assets to benefit us. We focus quite a bit of time on not increasing our expenses, but should spend at least as much on asset management. We're not there yet. ;-) I'm expecting our net worth to change quite a bit over the next year or so as we take on additional debt to buy a house in California. We shall see!Hawaii Plannerhttps://www.blogger.com/profile/04760426766801381563noreply@blogger.comtag:blogger.com,1999:blog-2445523662180116681.post-65084920638678721772014-01-03T09:00:42.331-08:002014-01-03T09:00:42.331-08:00Incredible numbers! :) I keep reading that the Se...Incredible numbers! :) I keep reading that the Seattle housing market is really on the upswing again ... sounds like you might realize a really nice profit when you do sell.<br /><br />We track our net worth ... plans to increase it in 2014 just include our regular retirement contributions and paying down debt.<br /><br />Ms. Morelesshttps://www.blogger.com/profile/05254210551387134202noreply@blogger.comtag:blogger.com,1999:blog-2445523662180116681.post-12684826340668742192014-01-03T06:10:43.942-08:002014-01-03T06:10:43.942-08:00Congrats on your big net worth and savings. The mo...Congrats on your big net worth and savings. The more you make the more you feel pressure to spend. We are a few years behind you, but I am very happy where we are. I have only been keeping track since 2012 then the net worth was $576K and the end of 2013 was $702K, nice boost with the market. This year I will be happy if we can get to around $800K, but the big one will be when we hit the $1M mark! Wheee! Plus we live where the cost of living is much less than you, so our money tends to go further, though our salaries are quite a bit less to, so it kind of all balances out. We both want to retire, or like you at least go down to part time. I would feel confident doing that once the net worth gets to $2M, which my my calculations could be as early at 2020 or 2021, depends on the market and how much we enjoy the journey :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2445523662180116681.post-61954094583921145732014-01-02T19:17:57.860-08:002014-01-02T19:17:57.860-08:00Thanks. :-) We're keeping the Seattle house as...Thanks. :-) We're keeping the Seattle house as a rental investment. Our interest rate on the mortgage is extremely low (2.5%). We're trying it for a year, and then going from there. As part of our relocation, there's also an advantage in keeping the house - we get reimbursed for three months of interest, tax and insurance, with no exemptions if you're renting it out.Hawaii Plannerhttps://www.blogger.com/profile/04760426766801381563noreply@blogger.comtag:blogger.com,1999:blog-2445523662180116681.post-2703953134307799712014-01-02T19:16:18.606-08:002014-01-02T19:16:18.606-08:00Thanks - I think we'll start to diversify more...Thanks - I think we'll start to diversify more. I'm a little nervous about having so much tied up in the stock market.Hawaii Plannerhttps://www.blogger.com/profile/04760426766801381563noreply@blogger.comtag:blogger.com,1999:blog-2445523662180116681.post-48409298828476004482014-01-02T16:11:54.530-08:002014-01-02T16:11:54.530-08:00Great job on the increase! Wow!
Our 401Ks went up...Great job on the increase! Wow!<br />Our 401Ks went up too, but not quite that much. Are you keeping the Seattle home? I think I missed something here when you made the move. Why are you keeping the Seattle home?<br />Anyway, good luck in 2014. It sounds like you have a great plan!Sharonhttps://www.blogger.com/profile/13940623529019637336noreply@blogger.comtag:blogger.com,1999:blog-2445523662180116681.post-83956995090556404652014-01-02T10:12:13.085-08:002014-01-02T10:12:13.085-08:00I always hit Enter too early... but many congrats ...I always hit Enter too early... but many congrats on yours! That's a huge increase in 3 years! Imagine your progress by the time you retire in 13yrs! Taniahttps://www.blogger.com/profile/11075300256482920618noreply@blogger.comtag:blogger.com,1999:blog-2445523662180116681.post-65824864659518064332014-01-02T10:11:28.180-08:002014-01-02T10:11:28.180-08:00I sort of track my net worth, even though it's...I sort of track my net worth, even though it's a grain of salt compared to yours! It is mostly made up my 401k account, which had a pretty good year (up 29%!). In all, including retirement accounts, I have close to $20,000. It definitely beats when I first started in 2011, and it was very negative. I hope to get a lot more in cash reserves vs just retirement funds, which I am restricted to touch, and really, I shouldn't touch it until retirement. Taniahttps://www.blogger.com/profile/11075300256482920618noreply@blogger.com