tag:blogger.com,1999:blog-2445523662180116681.post6078736683960656444..comments2024-03-28T15:14:39.600-07:00Comments on The Hawaii Plan: 2017 Net Worth UpdateHawaii Plannerhttp://www.blogger.com/profile/04760426766801381563noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2445523662180116681.post-81697983060698576742017-01-04T14:10:30.395-08:002017-01-04T14:10:30.395-08:00You are correct - we will still have housing costs...You are correct - we will still have housing costs, but have no plans to live anywhere this expensive in retirement. We also own multiple homes, and will likely only own one in retirement, or may gift our vacation house to the kids, etc. as the time comes.<br /><br />And you are absolutely right - once the savings achieves a certain size, the amount of growth is staggering. Those compound interest gains!Hawaii Plannerhttps://www.blogger.com/profile/04760426766801381563noreply@blogger.comtag:blogger.com,1999:blog-2445523662180116681.post-45053244834971328632017-01-04T14:08:34.764-08:002017-01-04T14:08:34.764-08:00You are doing great!!! You have to start somewhere...You are doing great!!! You have to start somewhere, and doubling your net worth is a great achievement. Woohoo! Hawaii Plannerhttps://www.blogger.com/profile/04760426766801381563noreply@blogger.comtag:blogger.com,1999:blog-2445523662180116681.post-4199496032342690762017-01-04T09:37:51.496-08:002017-01-04T09:37:51.496-08:00Awesome achievements!
Our net worth is itty bitty...Awesome achievements! <br />Our net worth is itty bitty BUT at least it's been in the black for the past two years, whereas it'd pretty much always been negative before that. And I can say ours has doubled over the past three years too :)rivulethttps://www.blogger.com/profile/11352395562904461909noreply@blogger.comtag:blogger.com,1999:blog-2445523662180116681.post-52447337029838423712017-01-04T09:26:54.638-08:002017-01-04T09:26:54.638-08:00Congrats on your awesome achievement! In that you ...Congrats on your awesome achievement! In that you appear to have included your home equity in your overall net worth, I'll offer that going forward you might want to consider splitting it out as a separate net worth line item. In that, presumably, we all have to live somewhere, tracking home equity on one's primary home can be somewhat questionable from the standpoint of determining a retirement withdrawal rate in actual spending dollars. Unless, of course, the plan is to move somewhere less expensive at some point and then bank the excess equity.<br /><br />We found the pace of savings really picks up as the accumulated amounts get bigger, so I'm sure you'll enjoy watching it grow at a more rapid pace in the months and years ahead.Tamarahttps://www.blogger.com/profile/18248579159497266955noreply@blogger.com