EscapeVelocity's Net Worth for April 2021


Assets Value Change ($) Change (%)
Stocks & Bonds $17,364,115 $794,917 4.80%
Retirement $1,367,294 $24,077 1.79%
Home $2,374,046 $15,900 0.67%
Other Real Estate $361,000 - -
Cars $30,000 ($405,000) (93.10%)
Personal Property $0 - -
Business $4,000,000 ($1,000,000) (20.00%)
Sail Boat $405,000 $405,000 -
$25,901,455 ($165,106) (0.63%)
 
Debts Value Change ($) Change (%)
Home Mortgage(s) $0 - -
Other Mortgage(s) $0 - -
Student Loans $0 - -
Credit Cards $0 - -
Car Loans $0 - -
Other Debts $0 - -
Total Debts $0 - -
Net Worth $25,901,455 ($165,106) (0.63%)
*All values shown in USD ($)
Notes:
I've officially begun winding up my interest in my law firm. It looks like a liquidation value is about $7 million, or $4 million after-tax, so that's what I'll use for now since it's looking like that is what will happen. Also, if there is a buy-out, I think it's likely to have roughly the same net outcome (i.e., ordinary income rates versus LTCG). Anyway, I am very excited for the next chapter, but it looks like it will be about 9 to 18 months before I'll be in a position to actually move ... also, for what it's worth, since prior months had a pre-tax value for the business, it actually looks like I was reasonably accurate on the value leading up to this event.

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