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Net Worth Update

October 20th, 2023 at 10:03 pm

I know I made at least one report between the side bar and now, but I can't remember what it was, can't find it in the blog post, and forgot to update, so I will make sure I update it this time.  I am going off of the side bar for this, though.

Our 401K now sits at $110,046.18.

Our IRA has been all over the place, but currently rests at $12,409.31

Our total retirement now sits at $122.455.39 up $9111.88 from the sidebar total of $113,343.51.  Excluding company stock of course, which is added into the total net worth.

I also went through the savings accounts.  I know I am lazy about recording interes these days.  I know I save $70 each month for garbage, but the amount paid is $67.28, so I just leave the extra in savings, and I know I oversaved on the car insurance I just paid, because it was lower.  So I swept that all into the Emergency Fund and it is now at $10,572.11 up from $10,441.01, a difference of $131.10.

This increases net worth by $9,242.98 from $207,517.35 to $216760.33.  And the house was just assessed by the city auditor as being worth a bit over $800,000.  That will automatically make us millionaires when my mother dies.  But I'd rather have my mom than the house.  Next year the valuation of the van will go down, but we should again get more company stock then the decrease in value should be.  It is still valuable to us due to the low mileage.

So over all we are moving ahead.  Not as fast as I wish we were, because our IRA keeps tanking, but we are getting there.  The 401K isn't doing all that great either.  It just looks like it is because DH has been working so much overtime since April that his contributions and the company match going in have made it really grow.  But not much else has happened.  Sure we've bought stock, but whether or not they've done anything is hard to tell, becaue it sure seems like the amount we put in and work has put in, is the amount we have.  I know one day it'll start making a profit again, but very unlikely for the next 15 to 18 months.  Hopefully, not longer.  It depends on how bad the recession gets, although I would argue it is a depression and not a recession, looking around at many of the people here.  They just keep redefining the words, so as not to look bad for the history books.

As Oliver Anthony would say, "And they think you don't know, but I know that you do."

And as Forrest Gump would say, "And that's all I got to say about that." 

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