What happened to our net worth reports?

Published September 24, 2016   Posted in Having some fun

If you have been with us long enough, you probably realize that we’ve stopped updating our net worth publicly on the website. After several emails asking where these updates went, I felt a weekend blog post was probably in order. So, here goes!

For the record, we haven’t taken down our old net worth posts, so you’re still welcome to peruse those at your leisure.

We stopped updating our net worth and budget numbers here on the blog because they were, by far, our most labor-intensive posts to make. But more importantly, they also tended to be our least popular articles. And, as we learned from the Pareto Principle, happiness in life revolves around focusing in on the 20% of our life that makes 80% of the difference.

Unfortunately, the monthly budget blog posts didn’t make the cut.

Our net worth is publishing soon!

However, I’ve spoken with the wife and we’ve decided to publish our net worth number on the day that we officially set sail after quitting our jobs, which at the moment is scheduled for mid-February of next year. Frankly, the number should come as no real surprise. I’ve hinted already that it’ll be below a million, but not by much.

We feel that publishing our number the day that we make our new lifestyle “official” is appropriate. It keeps us honest along the way. It’s the initial proof that early retirement can work even if you don’t have a million bucks. And for anyone else who might have similar dreams, it provides much-needed context into how we’re making it all happen.

It’s also nice that Personal Capital makes this process insanely easy.

Here’s our 90-day net worth chart straight from our Personal Capital dashboard. Quite frankly, the goal number is completely arbitrary but represents a reasonably conservative estimate of what we’d like to start out with at retirement. Edits were made to remove the numbers, of course.  🙂

Personal Capital net worth chart and our goal

Personal Capital net worth chart and our goal

We track our net worth using Personal Capital



Comments

11 responses to “What happened to our net worth reports?”

  1. Sandipan says:

    It seems to me you have reached to the desired mental state of retirement- less thinking or worrying about money. Its just a matter of time you will reach to the goal and that’s it. Then you will may not need to update anymore. Good situation.

  2. Getting really close to your goal now! Congrats!

  3. So close to your goal, I know for a fact that you can make it!!

  4. Felicity says:

    Nicely done being so close to your mysterious number! 😀

    Good call on the net worth posts, too, sounds like! I’ve been debating writing some, and might still yet, but more like every year.

  5. TJ says:

    I always thought those sorts of posts were the most viewed for people because people love stalking that stuff. It’s interesting that this wasn’t the case for you. It must be an amazing feeling to be that close to the finish line though. Congrats on the amazing accomplishment.

  6. Wow. Really looks like your net worth jumped up a few months ago. Really goes to show the power of just letting your money work for you. Congrats!

  7. Almost there! Keep it up and keep pushing. Don’t let up now.

    Bert

  8. Leigh says:

    For years I wrote monthly net worth updates for myself in addition to the blog ones. Sometime last year, I switched to quarterly personal ones and I stopped doing blog ones entirely. It just doesn’t seem necessary anymore and now that I’m married, I’m definitely done with blog ones. Our combined net worth is over $1M as of now, but we live in a higher cost of living area than you two do. We need to figure out what combined finances look like exactly.

  9. Ms. Montana says:

    I am thinking about doing the Net Worth just once or twice a year. Really that is all we look at it in real life. Our monthly spending is a lot of work, but it’s good for me to really have a chance to look over those numbers (at least for now.) Plus it a bit more personal. Although I have considered doing it every other month as a larger overview.

    I’m glad to hear you have a leave date! So I should expect you in Montana next summer? =)

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