Do you keep an eye on your net worth at yoe? If so, when or at what number did you feel accomplished or develop a sense of earned pride to have "made it" (if that even exists in silicon valley for the average joe in tech considering COL and the possible perception of never ending rat race)?
Never thought about it
I do, good way to compare different asset classes and how they do. Since for FIRE the net worth matters less than monthly cash flow rounding is ok for me. For RE I take Zillow midpoint minus mortgage balance, for other investments just last known value, for stocks value of each account at that moment. Have a of 4M in assets and 1.5M in liabilities, feel good about it right now, age 43. First accomplished feeling came when I seen 1M net worth. And I track value of unvested stocks separately, comparing golden handcuffs to the rest. The 4M above includes the unvested value of about 1M. I also track values of retirement accounts separately as I can't use them. I try to balance each investment class to 25%.
Reaching 1M in non RE investment holdings was a nice milestone that helped me breathe easier. Ultimately not truly meaningful (I can’t retire yet, and I have a kid to put through college), but a good mark on the way to solvency.
I do. I try to evaluate my own progress like I would a startup.
Same
Please explain your evaluation process for the benefit of others.
Keep up the good work! Life does get better with age.
Just bought a house(look like a mansion ) in bay area, 21% down 6YOE. Feels like the american dream, wasnt born here
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