This is our final update of the year, and what a way to end it by adding an additional comma to our net worth for the first time! I know this is mostly a psychological milestone, but earlier in my life I could never have imagined reaching this type of milestone. Both of us are still amazed to be in this position and realize how fortunate we are and how close we are getting to being fully financial independent.
December was a very welcome month as it marked the end of an academic semester and more time with extended family. I was happy to completely shut off my email for a few weeks and spend some time in Florida to celebrate the end of 2019 and the beginning of 2020. Aside from everyone coming back with colds, it was a great month!
A few weeks ago I hit publish on a series of posts that opened up our income, savings, spending, and investment history in order to be completely transparent with how we reached our current net worth. It is still a little scary having these numbers on the internet for everyone to see, but you can read our rationale for doing so in the first post in the series.
Looking specifically at our progress in December we had quite a jump in our net worth. At the end of December our net worth grew to $1,010,980 with a large part of that increase coming from an approximately 2% gain in our portfolio. It is amazing to think how 1% or 2% can have such a huge impact on savings when they get to this level!Continue Reading for the specific details