December 28, 2021December 28, 2021 FOGA

December 2021 Net Worth

Financial Independence, Net Worth

We’re at the end of another quarter and the end of 2021. You know what that means: It is time for our quarterly net worth update! 🥳

Last time we were here:

Then: September 2021: $485,000/$135,000

Back then we were increasing our amount to index funds, the house value had gone up, and we were paying down the mortgage. It was a $90,000/$26,000 increase from June 2021. So how are we looking now:

Now: December 2021: $557,000/$182,000

A total increase of $72,000/$47,000 from September 2021. We made the stretch goal of $550,000 for 2021. When I made that, I purposely picked what I thought, at the time, was a crazy number that we were not going to reach… Shows you what the hell I know.

The house appreciated by about $25,000- that’s with me still estimating on the low side. This market is just crazy and things are about to get even more interesting. We also increased amounts to index funds & my employee discounted stocks, maxed out the IRAs, maxed out the IULS, and paid down the mortgage. Got a lot done this quarter.

With Mr. FOGA being a full-time househusband now, this was the first quarter of this year with us living on one income. During this quarter, I got three paychecks. The joys of a highly irregular income. This is in large part due to delays in construction with *gestures at the world* everything that is going on. In total, I had at least seven homes that should have closed this year (and therefore gotten a paycheck in 2021) that will be in January now. That threw off one of my 2021 goals, but more on that in the future.

This is just awesome growth, and I am still a little in shock. Super happy though.

Financial Independence Milestone: VacayFI

Between just our index funds, employee stocks, and IULs we have over $50,000 invested. I only use these accounts since they are the only ones we have without age restrictions. The IRAs and 401Ks cannot be accessed until we are 59.5 so, we don’t include those in this factor. Although with just my 401K, I should be a millionaire without contributing another penny.

The next stop is FoodieFI, which is over $75,000 invested.

If you are wondering what the hell I am talking about with this, check out Guac’s awesome post about these particular milestones here.

I honestly cannot believe that we did it. The original goal for net worth in 2021 was $450,000. We surpassed that by over $100,000. That is just….wow. What a way to end the year.

How did you do in 2021? Did you hit your net worth goal?


Feature Photo by Joanna Kosinska on Unsplash