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Personal Finance (Not Investing) • Share your net worth progression

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Didn't have much money in college and thought $3k in moving expenses was a lot of money starting out. Didn't start tracking until a few years after graduation, when I wanted to get serious about eliminating my student loans, but have been pretty strict about it since then. Chemical engineering degree, trained in process control and instrumentation, and now work as a software programmer of control systems. Did 100% travel internationally for work earlier in my career, so was able to stash a lot of cash from not having many expenses. Always maxed out and invested the 401k, but didn't start investing IRA contributions and excess cash until I stopped traveling in late 2016. Wealthfront and Personal Capital helped me get over that analysis paralysis and this site helped me gain the confidence to go my own way in 2021.
Year | Age | Net Worth
----------------------
2011 | 25 | $35k
2012 | 26 | $87k ***student loans eliminated***
2013 | 27 | $148k
2014 | 28 | $251k
2015 | 29 | $357k
2016 | 30 | $468k
2017 | 31 | $558k ***stopped traveling for work, leased a muscle car, rented an apartment, bought a lot of electronics***
2018 | 32 | $590k
2019 | 33 | $573k
2020 | 34 | $698k ***took some gains and bought a sports car***
2021 | 35 | $835k ***started lurking Bogleheads, took control of investments, simplified my portfolio, first year of I bonds***
2022 | 36 | $1014k ***trying to stay the course, first full year doing mega backdoor Roth***
2023 | 37 | $943k ***stressed a bunch about the market this year; had to stop doing mega backdoor Roth due to HCE status with megacorp
2024 | 38 | $1189k ***didn't focus much on the market and investments this year

Statistics: Posted by m0derton — Thu Dec 28, 2023 1:16 am — Replies 3960 — Views 968931



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