March Update

I received a bonus payment recently.  After taxes, it was over 1.5 years’ worth of annual expenses, or stated differently, a 10%+ boost to my net worth.  The mental satisfaction of receiving such a bonus certainly wore off faster than I thought, although I would be more unhappy if it were somehow taken away.  Funny how the mind works.

The overall net worth is $479K.  Liquid net worth is about $310K, after subtracting value of car and retirement assets.   I’ll be halfway to my goal of $750K soon.  Just another $65K, which I should have in 7 1/2 months.  Assuming my salary,  bonus, and expenses are fixed and no stock market appreciation, I should reach my total goal in less than 3 years.  By then, I would expect to be a junior partner.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s