Tuesday, October 11, 2016

Net Worth Update 4th quarter 2016

Looks like I forgot to do an update last quarter... time is going by so fast! Thankfully all the numbers are going in the right direction. My husband wants to do a kitchen remodel and even brought up getting a loan... ugh! Going into debt is last thing I want to do, so I think I'm going to stop paying extra towards the mortgage and maybe even contributing less to my 401(k) just in case he just can't wait and I can't talk him into waiting.

Assets:
Approximate value of our house: $250,496 (+$7,429 since last net worth update) (Estimation from Zillow)
Roth IRA: $42,542 (+$1,838 since last net worth update)
Simple IRA: $7,694 (+$321 since last net worth update)
Regular IRA: $6,935 (+$109 since last net worth update)
401(k): $30,338 (+$11,067 since last net worth update)
Savings (including emergency fund): $43,181 (+$4759 since last net worth update)

Total assets: $381,186 (+$25,523 since last net worth update)

Liabilities:
Mortgage: $141,228 ($-7,000 since last quarter)

Total net worth including our house: $239,958
Difference since last quarter: +$32,523

Calculation of my net worth not including the house:

Roth IRA: $42,542
Simple IRA: $7,694
Regular IRA: $6,935
401(k): $30,338
Savings (including emergency fund): $43,181

Total assets: $130,690

Liabilities:
Mortgage: $141,228

Total net worth not including the house: -$10,538
Difference of $25,094 since last net worth update