Net Worth Update #8 – Nov ’17


I can’t believe this is the second to last Net Worth update of the year. November absolutely flew by, it seems just like yesterday was Halloween. This is the first month since late spring that we have had 1 mortgage and set of utility bills. Based on the overall numbers you will see the positive impact of this. We had anticipated seeing a decrease of $500 a month moving and hopefully within the next month, we can verify this. As of right now, we think it might be a bit more than this. Mainly due to the taxes, water, electricity, and heating all costing less on a monthly basis.

November proved positive on many fronts, including my job. I had mentioned in the post about putting it all together that I had never tracked or officially calculated our net worth. I started back in April 2017 with the first Net Worth Update #1  and will continue to track and post monthly. This month provided another jump in our net worth, which was driven by positive gains in investments and our retirement accounts. Here is a look at this month’s numbers.

Net worth progress:

Total – Retirement $457,862 Total – Installment $0
Total – Liquid $113,060 Total – Transacting $5,119
Total – Investments $208,801 Total – Revolving $0
Total – Physical $89,800 Total – Physical $269,622
Total Assets $869,524 Total Debts $274,739
Net Worth Nov ’17 $594,784
      Monthly Change $16,564
      Change Since Apr $106,180

The Breakdown:

Our monthly change was an increase of $16,564 bringing our net worth up to $594,784. Our year end goal of $600,000 is within reach, with only a month left to the year. We are almost at 60% of our FI $1,000,000 goal. I will go into more details about this month’s number below, but first a quick break down of what we are looking here. Net worth = AssetsLiabilities. In short, everything you own minus everything you owe.


Retirement – 401K, 401B, and a Roth IRA account

Liquid – Checking/Savings Accounts

Investment – Stocks

Physical – House and car

Liabilities (Debt):

Transacting: Credit Card (paid in Full Monthly)

Physical: Mortgage and Truck Payment

Note: I am using Zillow for the estimated value of our home. It is the closest/most realistic value I can get on a monthly basis.


The month of November saw the majority of the gains come from our retirement and investment accounts. Our retirement account saw ~ $10,000 gain this month, as we had seen the previous 5 months. If this can keep up, that account could grow by $120,000 next year. WOW! Just thinking about that is a bit mind boggling. If these kind of gains continue we should really be able to maintain our goals, especially since we are down to 1 income.

I am thinking about breaking down some of the numbers in more detail starting in the new year. Thoughts? Would you like to see more detail in the numbers?


  1. Hey! I just found your blog through a comment on another site, and am so impressed by your net worth growth since April! That’s amazing! I know I’m not supposed to compare, but being just a few years behind you in age, I feel like I should be closer to you. You are doing awesome! Anyway, keep up the good work and look forward to following along with your journey. 🙂

    • Thanks for stopping by. It’s hard not to compare. There has been hard work and sacrifices along the way, but I think we are in a really good spot and can see the positive “snowball” happening. It looks like you have a ton going on (Congrats on your recent announcement) and your renovations look to be coming along. Best of luck on both!

  2. Oh, I can certainly see the compounding at work for you – even just month to month. That’s amazing!

    I’ll get to where you are at someday. For now, I bow to you sensei 😀

    • The compounding is awesome to see in action. I have read and talked about it for years, but am at a point that it is a significant amount month after month. You are doing quite well. Look forward to seeing your Q4 net worth update.

  3. BeginnerLearner

    Hi I am new to FIRE and recently started reading the various financial blogs especially those on FIRE. I have a question re net worth hope you are able to help me. I am very impressed with the monthly growth in your net worth which you mentioned mainly from gains from retirement accounts and investment. You are accelerating to your FI goal. In the event of asset price adjustment, what effect would it have on your retirement plan & timing ? Thanks .

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