Net worth in just our retirement accounts, which are most aggressively invested:
2014 $252,000
2024 $853,000 ($647,000 in 2014 dollars)
We've made regular contributions during those ten years, so it's really not useful to you.
Net worth including all assets and liabilities:
2014 $622,000
2024 $1,480,000 ($1,123,000 in 2014 dollars)
Mathematically, sure I guess if you kept your money invested long enough in investment that averaged 10% returns, then over a long enough period of time you'd see your money double every ten years or so. But there are a million variables, which is where risk management comes in, and then you have varying rates of return depending on your asset allocation.
2014 $252,000
2024 $853,000 ($647,000 in 2014 dollars)
We've made regular contributions during those ten years, so it's really not useful to you.
Net worth including all assets and liabilities:
2014 $622,000
2024 $1,480,000 ($1,123,000 in 2014 dollars)
Mathematically, sure I guess if you kept your money invested long enough in investment that averaged 10% returns, then over a long enough period of time you'd see your money double every ten years or so. But there are a million variables, which is where risk management comes in, and then you have varying rates of return depending on your asset allocation.
Statistics: Posted by HappyPappy — Thu May 16, 2024 4:57 pm — Replies 63 — Views 8129