Welcome to the detailed breakdown of my financial journey—from my early days before embracing the FIRE (Financial Independence, Retire Early) lifestyle to my current path toward retirement. These are the raw, real numbers that reflect my progress.
Where I Keep My Money + Strategies for Multiple Accounts
If you’re curious about where I keep all my assets and why I’ve chosen specific strategies for managing multiple accounts, you can dive deeper into my approach on the Where Do I Keep My Money + Strategies for Multiple Accounts page.
Current Financial Overview
- Mortgage Balance Remaining: $400,000
- Current Net Worth: $5,855,979
Note: Yes, my net worth is more than sufficient to pay off the mortgage and be done with it. However, I’ve intentionally chosen not to liquidate everything and pay it off in full. The reason? I want to allow my assets to continue generating passive income for the long term. Instead of using my liquid assets to clear the mortgage, I prefer to let my investments grow and continue producing cash flow, maintaining both financial security and a steady stream of income as I progress toward full retirement.
Net Worth Breakdown
Here’s how my net worth is distributed:
- Illiquid Holdings (e.g., real estate such as houses, townhouses, land, etc.)
- Business Holdings (e.g., shares in private companies, business accounts)
- Investments (Not including 401ks, IRAs, SEP-IRAs, or any retirement-specific accounts)
- Stocks/Bonds/ETFs
- Alternative Holdings (e.g., peer-to-peer lending, real estate crowdfunding)
- Cash (Spending and daily use funds)
- Cash (Savings and emergency funds)
(Insert graph of progress here)
Annual Net Worth Progression
Here’s how my net worth has evolved over the years:
- 2024 Net Worth: $882,223
- 2023 Net Worth: $731,790
- 2022 Net Worth: $607,757
- 2021 Net Worth: $755,790
- 2020 Net Worth: $620,767
- 2019 Net Worth: $448,230
- 2018 Net Worth: $280,884
- 2017 Net Worth: $234,822
- 2016 Net Worth: $137,612
- 2015 Net Worth: $89,450
- 2014 Net Worth: $53,352
- 2013 Net Worth: $29,545
- 2012 Net Worth: $20,439
- 2011 Net Worth: $35,000
This is when I started adding extra jobs and began earning a pretty solid income as a single guy with minimal debt. I wasn’t focused on FIRE at this point; in fact, I was still focused on buying things I didn’t need (mostly electronics). Now, I save first and spend second, but I’ll admit: I still buy gadgets! For more about my second year of progress, take a look at: From $0 to Multi-Millionaire in 10 Years – Year 2. - 2010 Net Worth: $15,000
This is when I left my high-paying Director of Interactive Marketing Channels + Analytics role at Starwood Hotels (making over $100k annually) to take the leap into working for myself and discovering FIRE. I wasn’t saving; I was living paycheck to paycheck and spending most of my money on impulsive eBay purchases. I kick myself about that sometimes. If I’d only invested even a little of that money instead of blowing it, I could’ve retired years ago! For more about my first year of FIRE, check out: From $0 to Multi-Millionaire in 10 Years – Year 1.
Final Thoughts
This is just a snapshot of where I stand financially and how far I’ve come. The journey to financial independence is ongoing, and I continue to make strategic decisions to improve my position and move closer to full retirement. I’ll continue to update this page with new milestones, setbacks, and the actions I’m taking to stay on track.
If you’re interested in tracking your own progress or learning more about how I manage my finances, don’t forget to check out my detailed breakdowns of Where Do I Keep My Money + Strategies for Multiple Accounts and how I’m handling real-time changes to my finances on Where I Stand Numbers-Wise.