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2016 summary of finances

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  • Nutria
    replied
    Originally posted by tomhole View Post
    Car depreciation offset house appreciation for the most part.
    Do you claim it as a business expense?

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  • Nutria
    replied
    • Net worth will be up around 10%.
    • 401(k) and IRA will increase by just about 6% (not including contributions).
    • Cash for various deferred accounts will increase by 23%. That's after tuition payments and vacations. (Of course, that's why we make monthly deferred payments!! )

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  • corn18
    replied
    Net worth went up $285k. Hit $850k NW and on track for $1M next year. Most of that was 401k, Roth's and taxable. Car depreciation offset house appreciation for the most part.

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  • disneysteve
    replied
    I won't have numbers until the weekend or whenever I have time to sit down and calculate everything but I'll try to remember to post when I do. I know our savings took a pretty good hit, but at the same time, we added a couple of new accounts like our HSA and my new 401k so it might at least partly balance out.

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  • Guppy Tender
    replied
    Current Status, sorta

    Best I can figure is that my net worth has grown by approximately $12,000. Mortgage has been reduced by $8000(regular payments, plus prepayments), and I have about $4000 more in the short term savings/chequing accounts. I don't track my long term savings accounts(mutual funds, 401k), yes I look at them once in awhile, but since I really can't influence the results I don't track the gains/losses in my brain.

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  • rennigade
    started a topic 2016 summary of finances

    2016 summary of finances

    With 2016 coming to a close I thought it would be a good idea for everyone to share how they made out this year.

    How much has your net worth grown? How much has your 401K increased? Taxable accounts increased? Roths increased? What percentage were you up/down for the year? Any milestones reached? Or investments that went south...

    Ill update this thread with mine on Dec 31...by then I will have all the numbers crunched. Also...we have 2 more days for the market to bounce around.
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