Saturday, October 13, 2012

Net Worth Number Crunching

I am in the office today, supposed to be working but ended up getting sucked into analyzing our 2012 net worth numbers at networthiq.com.

Overall this year, since January, our net worth is up $92,851 which I must say impressed me.  Most of the growth can be tracked directly to the growth of the stock market since $42,911 of our increase in net worth comes straight from growth in our 401k accounts.  Plus, we have contributed $30,565 to our 401k accounts, so all together our 401k accounts are up $73,476.

The other big area of movement is in our debt load.  We have reduced our debt (all mortgage) from $594,056 to $574,735 for a total of $19,321.  Between the grown in our retirement accounts and the reduction in debt our net worth is up $92,000+, maybe by the end of 2012 it will be up over $100,000.

1 comment:

Anonymous said...

Congratulations!! Our numbers are up too because of the strong stock market this year. Like you we paid down some mortgage debt but then ran it back up for another RE investment. I enjoy reading your blog keep up the posts.