|What a year! Despite the fact that I have incurred student debt and have been paying very large school payments, I was able to surpass my goal by $5,000 due to a strong finish on my investments.
Next year it should be interesting to see how the market performs, but I am planning conservatively and estimate my net worth in Dec. 2011 to be approximately $105,000. While I will continue to incur substantial tuition debt, this will be offset by the lumpsum pension I become vested in February. I will plan on my salary staying flat and contributing 11% (including company match) to my 401k and an additional 6.5% to my mutual funds. Happy New Year's and good luck everyone with their own goals!
Breakdown of Assets
Cash: Savings in an ING account, I don't include checking balance here since the money is already planned for bills.
Stocks: Mutual funds
Retirement: Company 401k and IRA plan
Cars: 2004 Honda Civic, value determined at kbb.com
Other Assets: Stocks and options
Dec 2009 Net Worth (age 26):
$50,000 (actual $58,168)
Dec 2010 Net Worth (age 27):
$80,000 (actual $85,184)
Dec 2011 Net Worth (age 28):