Net Worth Comparison

Overcomer's Profile

Currency
United States Dollar - USD
Date Joined
10/11/2017
Salary Range
150,000 - 199,999
Occupation
Government
Age Range
50-54
Cost Of Living
High Cost Of Living (HCOL)
Why I Joined
To keep myself accountable with the hopes that the positive reinforcement of seeing a growing net worth would drive me to maintain financially sound decision-making.
Best Financial Decision
Aggressively paying off over $70K in student loans and $50K in other debt using (primarily) Dave Ramey's snowball/Baby Step system. Maxing out my Fed 401(K) and contributing to a ROTH IRA (started that one later than I would have preferred though - 2011). Continuing to drive my paid off 17-year old Honda Accord that I bought brand new (šŸ˜–) in November 2003. Those things are built to last FOREVER! Never spent a day in the shop. (Have since donated ā€œBaby Blueā€ to Melwood and am now driving another built to last model by Toyota).

As of 2024 Iā€™m eligible to make ā€œcatch up contributionsā€ to my 401(k) equivalent and IRA. Iā€™m currently doing so, but Iā€™m considering putting that $$ into cash and investment accounts to build my ā€˜stache of non-restricted funds to support an earlyā€™ish retirement (anything between now and 57 which is my minimum eligible retirement age from the Fed ā€” 7 more years but it is very stressful where I am and I donā€™t see myself making it that long. Been a great ride but if not for the health care benefits Iā€™d have moved on long agoā€¦)
Worst Financial Decision
Taking out too many student loans for grad and undergrad. Purchasing a townhouse in 2006 at the peak of the DC housing bubble. (UGH!). Taking too long to refinance my original mortgage rate of 6.25% ā˜¹ļø (Property was underwater for several years, but that is no longer an excuse). **Have since refinanced to 3.5%, but should have been able to get something lower had I been more savvy. Grateful to have gotten in before the recent rate hikes thoughā€¦
Current Investing Strategy
Living below my means, cutting as many expenses as possible, saving and investing the rest with the goal of putting away at least 50% of my net income and reaching financial independence as early as possible. Maxing out the 401(k), maxing out IRA's, plus investment of discretionary income into index funds and cash savings each pay period.
How do you manage your finances?
Closely.
I need financial help with...
Staying the course towards early-as-possible retirement. Limiting my tax liability. Best places to invest for growth while not being overly exposed to risk. Deciding between aggressive debt paydown on the mortgage or more aggressive asset acquisition in the form of index fund investing. Always a conundrum. **I have been focusing on asset acquisition over pre-paying the mortgage given my currently low rate, however, it is tempting to start adding more to principal payoff at this point (2024) given a raise and current levels of discretionary income. Were I mortgage free with my current levels of assets, I could likely leave the full time workforce very soon. I am also trying to balance ā€œliving a littleā€ and being more generous and charitable, with my desire to exit the rat race ASAP. As they say, YOLO and TIP (Tomorrow Isnā€™t Promised).
Last Login
9/8/2024
Budget
This user has not created a budget
Net Worth Entries
All values shown in USD ($)
2024 - September $2,053,403 $193,161 $1,860,242
2024 - August $2,025,073 $193,024 $1,832,049
2024 - July $2,088,194 $192,801 $1,895,393
2024 - June $2,043,564 $193,986 $1,849,578
2024 - May $1,996,755 $196,448 $1,800,307
2024 - April $1,939,755 $194,849 $1,744,906
2024 - March $1,915,181 $194,915 $1,720,266
2024 - February $1,853,063 $197,810 $1,655,253
2024 - January $1,811,929 $201,987 $1,609,942
2023 - December $1,732,496 $197,172 $1,535,324
2023 - November $1,732,496 $197,172 $1,535,324
2023 - October $1,662,607 $197,716 $1,464,891
2023 - September $1,692,621 $197,459 $1,495,162
2023 - August $1,671,016 $199,260 $1,471,756
2023 - July $1,644,695 $199,173 $1,445,522
2023 - June $1,570,024 $199,862 $1,370,162
2023 - May $1,554,732 $200,335 $1,354,397
2023 - April $1,552,664 $199,833 $1,352,831
2023 - March $1,492,809 $201,490 $1,291,319
2023 - February $1,552,097 $203,097 $1,349,000
2023 - January $1,501,048 $203,031 $1,298,017
2022 - December $1,485,738 $204,090 $1,281,648
2022 - November $1,419,591 $205,645 $1,213,946
2022 - October $1,416,769 $205,041 $1,211,728
2022 - September $1,453,641 $206,037 $1,247,604
2022 - August $1,489,891 $206,594 $1,283,297
2022 - July $1,396,718 $208,820 $1,187,898
2022 - June $1,458,990 $211,405 $1,247,585
2022 - May $1,452,281 $211,178 $1,241,103
2022 - April $1,544,464 $211,804 $1,332,660
2022 - March $1,511,776 $211,188 $1,300,588
2022 - February $1,545,176 $212,204 $1,332,972
2022 - January $1,632,373 $215,783 $1,416,590
2021 - December $1,611,025 $214,890 $1,396,135
2021 - November $1,635,893 $213,156 $1,422,737
2021 - October $1,555,017 $213,341 $1,341,676
2021 - September $1,573,946 $213,967 $1,359,979
2021 - August $1,528,544 $214,685 $1,313,859
2021 - July $1,515,026 $215,498 $1,299,528
2021 - June $1,490,096 $215,648 $1,274,448
2021 - May $1,460,189 $215,958 $1,244,231
2021 - April $1,459,749 $215,968 $1,243,781
2021 - March $1,400,568 $216,128 $1,184,440
2021 - February $1,401,608 $219,277 $1,182,331
2021 - January $1,378,476 $218,472 $1,160,004
2020 - December $1,331,823 $219,228 $1,112,595
2020 - November $1,284,766 $219,983 $1,064,783
2020 - October $1,227,356 $221,098 $1,006,258
2020 - September $1,180,925 $221,432 $959,493
2020 - August $1,182,786 $222,150 $960,636
2020 - July $1,145,783 $225,924 $919,859
2020 - June $1,120,290 $224,146 $896,144
2020 - May $1,074,375 $224,751 $849,624
2020 - April $1,020,455 $225,476 $794,979
2020 - March $960,874 $226,586 $734,288
2020 - February $1,146,484 $227,610 $918,874
2020 - January $1,123,888 $228,896 $894,992
2019 - December $1,100,073 $229,540 $870,533
2019 - November $1,071,720 $230,403 $841,317
2019 - October $1,043,346 $231,482 $811,864
2019 - September $1,029,203 $231,652 $797,551
2019 - August $1,006,864 $232,766 $774,098
2019 - July $1,017,705 $233,290 $784,415
2019 - June $1,007,800 $233,944 $773,856
2019 - May $983,770 $234,380 $749,390
2019 - April $966,223 $235,037 $731,186
2019 - March $966,223 $235,908 $730,315
2019 - February $965,777 $236,642 $729,135
2019 - January $913,423 $237,340 $676,083
2018 - December $874,037 $238,000 $636,037
2018 - November $905,728 $240,278 $665,450
2018 - October $916,135 $242,516 $673,619
2018 - September $950,591 $244,560 $706,031
2018 - August $929,915 $246,328 $683,587
2018 - July $929,854 $248,726 $681,128
2018 - June $918,437 $249,640 $668,797
2018 - May $898,728 $247,718 $651,010
2018 - April $874,844 $249,055 $625,789
2018 - March $878,507 $250,558 $627,949
2018 - February $873,312 $251,452 $621,860
2018 - January $865,485 $253,897 $611,588
2017 - December $850,113 $256,002 $594,111
2017 - November $836,400 $255,324 $581,076
2017 - October $831,837 $258,280 $573,557
2017 - September $817,113 $258,114 $558,999
2017 - August $803,302 $253,747 $549,555
2017 - July $798,149 $255,388 $542,761
2017 - June $789,008 $257,710 $531,298
2017 - May $787,821 $256,280 $531,541
2017 - April $771,156 $258,550 $512,606
2017 - March $755,817 $257,667 $498,150
2017 - February $735,074 $258,824 $476,250
2017 - January $727,808 $260,572 $467,236
2016 - November $721,059 $262,061 $458,998
2016 - September $700,062 $261,993 $438,069
2016 - August $709,721 $265,491 $444,230
2016 - July $704,535 $269,667 $434,868
2016 - June $694,288 $279,393 $414,895
2016 - May $684,254 $285,590 $398,664
2016 - April $682,300 $286,818 $395,482
2016 - March $671,146 $287,303 $383,843
2016 - February $659,663 $288,772 $370,891
2016 - January $647,714 $297,451 $350,263
2015 - December $676,609 $302,603 $374,006
2015 - August $650,999 $307,633 $343,366
2015 - June $657,646 $306,644 $351,002
2015 - May $653,824 $307,137 $346,687
2015 - April $651,076 $310,466 $340,610
2015 - March $649,418 $310,824 $338,594
2015 - February $633,812 $311,550 $322,262
2015 - January $627,456 $313,622 $313,834
2014 - December $611,771 $313,137 $298,634
2014 - November $616,826 $315,204 $301,622
2014 - September $590,628 $317,520 $273,108
2014 - August $572,177 $317,812 $254,365
2014 - July $556,333 $319,375 $236,958
2014 - June $562,196 $319,947 $242,249
2013 - December $523,854 $330,347 $193,507
2013 - October $500,033 $326,311 $173,722
2013 - September $476,194 $328,025 $148,169
2013 - August $477,515 $327,618 $149,897
2013 - July $458,756 $328,483 $130,273
2013 - June $446,258 $329,944 $116,314
2013 - April $431,345 $332,159 $99,186
2013 - March $417,555 $332,688 $84,867
2013 - February $408,826 $333,232 $75,594
2013 - January $397,226 $332,322 $64,904
2012 - December $387,577 $333,898 $53,679
2012 - November $394,790 $332,177 $62,613
2012 - October $394,914 $332,901 $62,013
2012 - September $403,718 $334,172 $69,546
2012 - August $406,127 $335,350 $70,777
2012 - July $405,091 $335,649 $69,442
2012 - June $395,420 $335,927 $59,493
2012 - May $384,523 $339,324 $45,199
2012 - March $389,376 $339,795 $49,581
2012 - February $384,054 $339,843 $44,211
2012 - January $372,535 $340,448 $32,087
2011 - December $357,524 $341,088 $16,436
2011 - November $358,529 $341,679 $16,850
2011 - October $359,703 $342,757 $16,946
2011 - September $347,867 $345,322 $2,545
2011 - August $346,166 $346,656 ($490)
2011 - July $359,831 $350,285 $9,546
2011 - June $366,610 $352,536 $14,074
2011 - May $365,177 $354,607 $10,570
2011 - April $363,926 $358,785 $5,141
2011 - March $360,642 $361,784 ($1,142)
2011 - February $361,403 $370,319 ($8,916)
2011 - January $364,801 $372,061 ($7,260)
2010 - December $363,308 $374,497 ($11,189)
2010 - November $376,047 $376,535 ($488)
2010 - October $377,074 $380,436 ($3,362)
2010 - September $375,024 $381,886 ($6,862)
2010 - August $363,253 $384,600 ($21,347)
2010 - July $373,897 $390,282 ($16,385)
2010 - June $375,704 $392,126 ($16,422)
2010 - May $390,764 $394,450 ($3,686)
2010 - April $395,075 $397,601 ($2,526)
2010 - March $396,863 $400,687 ($3,824)
2010 - February $392,889 $403,080 ($10,191)
2010 - January $389,863 $405,657 ($15,794)
2009 - December $389,029 $406,303 ($17,274)
2009 - November $382,030 $406,973 ($24,943)
2009 - October $381,158 $408,507 ($27,349)
2009 - September $378,153 $411,019 ($32,866)
2009 - August $376,143 $412,605 ($36,462)
2009 - July $369,456 $413,333 ($43,877)
2009 - June $364,466 $414,098 ($49,632)
2009 - May $364,900 $414,358 ($49,458)
2009 - April $367,679 $416,058 ($48,379)
2009 - March $353,949 $417,245 ($63,296)
2009 - February $346,366 $419,118 ($72,752)
2009 - January $361,082 $421,144 ($60,062)
2008 - December $383,760 $422,769 ($39,009)
2008 - November $376,105 $425,899 ($49,794)
2008 - October $378,860 $428,512 ($49,652)
2008 - September $391,822 $431,178 ($39,356)
2008 - August $395,094 $434,027 ($38,933)
2008 - July $411,417 $435,943 ($24,526)
2008 - June $414,988 $437,397 ($22,409)
2008 - May $428,341 $439,604 ($11,263)
2008 - April $425,502 $441,899 ($16,397)
2008 - March $424,373 $443,690 ($19,317)
2008 - February $441,979 $445,194 ($3,215)
2008 - January $438,566 $446,593 ($8,027)
2007 - December $437,790 $447,183 ($9,393)