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.