Great breakdown👍🏼

My highest earning years were in my 50s. I retired at 62. Wish I retired earlier, but paying for medical insurance was tough.

I don’t consider net worth of a million to make one a millionaire, however it is a great accomplishment!

I have a high net worth, but no money. That was the result of years of digging out of school and home debt.

I woke up with a flu this morning. Nice to not have to call into work. I can just take care of myself. Huge benefit of retirement. I don't value trolls opinions because I don't find them based on reason and decency. It is fun to block them and rob them of the childish attention they seek.

Subtract all the property taxes, homeowners insurance, maintenance, major appliances you replaced, landscaping, etc. for the time you are in your home from the supposed value of your home. That is more realistic. Those expenses are huge. A new roof, electrical work, plumbing, HVAC, maybe even work on a foundation. Deduct it. Renter's don't have any of those expenses...and in 2024 it is way better to rent. Put all that money somewhere else that works for you. You also cannot rely on what your home value years later when you try to sell it.

Hi Julie, that's a great job, well done. I do a similar analysis - but monthly! HNY to you for tomorrow midnight! Rob - from Devon, UK.

1100 sick hours. Yowza!!! That is awesome. I am fortunate enough to be able to cash out my PTO and I do at least 100 hours each year. Great little boost for the nest egg

Congratulations!!

I have 13 months since I retired for real, permanently. I am Ok, zero debt and living very frugal. I wish you Happy New Year, all the best for you and family.🎉🎉🎉🎉🎉

Ignore the trolls! You are doing great!

Guess who is going to be a millionaire 😂

We are uninsured and set aside savings on our own for everything. Insurance through the market place for our income level would be over $325 per person, we are a family of five and can’t afford that ouch! That’s with a huge deductible of $19,000…..so that would be paying almost $40,000 per year before the plan pays for anything other than a few medications….blows my mind.

What a great quote! I’m a first time viewer. Is this a budget for a couple or for one person? From the video I know you have children, at least two are married and there are grandchildren.

A great quote to kick off the new year - thanks, Julie!

Best of luck in the new year Julie! Another yr down for me and nine more to go til I can join you in retirement bliss :-)

You are doing great. Good job.

Goooo Julie!🎉 Great job!

Great video!!

Do you not consider your pension as part of your assets? Maybe I missed it- I saw a number of retirement account types. I currently consider my pension account and asset (while working) but I suppose once you retire it could be considered income instead. I am always confused on this.

Congratulations soon to bee millionaire!! 🥳 May the new year bring you happiness, stability and even more wealth. Happy new year!

It’s hard but it’s doable……it’s nice to see it go up every year. “That’s what SHE said ! “ 😂

It's an awesome feeling to have financial peace and security. Great job!!! You have this and are going to continue hitting it out of the park. I am running our year end nunbers too and looked at my wife with wide eyes as she nearly fainted when she saw the number. 2024 was another banner year. Cheers and happy new year!!

52. Started working at 9 for the family business lol. I work a corporate job as a software engineer. Almost 30 years in tech and 43 years working. I sing and produce my own music as a hobby. I'll probably perform in bars/clubs when I feel like it and design video games with my own music incorporated into them. Working out is also a big part of my life. Oftentimes, quieting the mind is a useful way to figure out a general plan. Otherwise, we end up floundering while seeking out purpose

Congratulations Julie! Happy New Year!

Personally, I would not let the market value of our home reflect how well I'm doing financially. Don't get me wrong, I do include our home in our net worth statement but I don't use market value but rather what we paid for it plus some of the major upgrades as the value to enter into our net worth statement.

$3400/month for retirement spending.😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂 If that’s ONLY for you?😂😂😂😂😂😂😂😂😂😂😂 go the dck away, you’re so out of touch.

I am retired and live alone. No one is going to take of you if you come down with cancer like I did this year. I was fortunate to have people to take care of me. By the way all of us will eventually get sick. Be careful about the nurse and the purse comment. Have a care team.

Isn't education nice, I also have 704.00 sick hours right now, and I don't use them either. I'll have to come up with a plan for those in the next five years. If I don't use them, they only pay them out at 50% of the value. Some faculty take their last six months off paid, and just use those. I get 11 days a year that rollover year-to-year. Happy New Year, I went to bed at 8:00 p.m. last night.

Great video per usual. I'm surprised you put 100% stock in one of your IRAs instead of diversifying.

Hi Julie, always love your videos and I’m so delighted to see your increasing net worth!!! I did want to mention that home prices don’t Always go up-as someone who owned a home that dropped in value by one third in 2008 I’m acutely aware of this. It ended up being fine, because we’d purchased it 10 years prior for less than the peak price, and because we didn’t need to sell it until 2017 when it had (more than) recovered its value. Sadly, however, we had friends who had purchased at the peak and lost their jobs when the economy tanked, and they lost their houses too. It’s true that the housing market trends up, but in shorter terms (even 8 years) it can definitely go down, so people need to be ready to be Very flexible (add roommates!!!) during lean times.😁

How awesome to double your net worth, I need to fill mine out for this year, we buy new cars and then keep them for well over 10 years. The last two we have passed them on to our kids, we know then that they have a safe and reliable car as we were the only owners. Best wishes for 2025, I have really enjoyed your channel, don’t under your US terms as I am an Aussie but that’s ok :) I am exited to have a bridging account to track in my net worth thanks to you 🎉

Our two story suburban house has only gone up about 31% in 21 years. The increase has just broken even with the property taxes we’ve paid on the house over those same years. Nope - our suburban home in a major city was NOT the best financial investment we’ve made. Not by a long shot. However, it was a fantastic investment in terms of place to live and raise our children, with top rated public schools to send them to college.

I have started tracking my net worth this year. As of nov. I am around $880,000. I have 12 years until I retire. I will keep tracking every month. Can't wait to see how much it will go up in 2025.🎉🎉🎉🎉

Happy New Year Julie and congrats on your current net worth! I'm with you, I'm still driving my 2010 car. However, I have almost 250,000 miles on mine! LOL

Getting so close to that $1,000,000 mark. It’s a great feeling. Congratulations for doing so well. I told a good friend of mine about your channel and she retired soon after watching you. She loves your channel as much as I do.

Great accomplishment! Thank you for sharing these videos. Hope you have a great New Year! 🎉

For business banking reasons, I did a personal financial statement annually for over 30 years. It was always interesting trying to grow this and now that I’m 7 years into retirement, my goal is to simply maintain my net worth. I must say, I’m really impressed with how you’ve done! You should be very proud of yourself! Good job! 👍😀

I’m not retired but I stoped watching the news a few years ago. I don’t miss the drama 😊

You have given me the motivation to try this tracking spreadsheet. I just calculate every month or more on a sheet of paper my accounts, but I never get to see the jumps. Do you mind me asking what do you invest your HSA in? I'm getting ready to do something like that. Fellow teacher who also retired this year, but much less than you did so I'm trying to figure things out the best I can. Thanks so much

Even the experts say I am wrong but, I look at net worth as cash, income streams and investments only. My paid off house has a value if it is sold, but no value to my spendable moneys while I live in it. So, I call my house value zero. Same thing for my paid off car. The house and cars are items that I need to survive, can't sell them because I need them to survive. My family is welcome to sell them when I pass because I will not need them. On the other hand, if I owe $25,000 on the car and $100,000 on the house then I have $125,000 negative equities against my net worth.

I have 2 rescue dogs. The male is a pit bull mix and the sweetest boy. The female is a German Shepherd American bully mix. They keep me active and their love is unconditional. 🥰

Suggestion: at your home site, put links to all of your spreadsheets and any other resources some people might need.

I enjoy your videos. Congratulations on your accomplishments. I wish you a happy and healthy new year!

I’m happy you are making these videos for us.

Congratulations on closing in on the $1,000,000 Net Worth number! Watching your upward trend over the past several years is pretty amazing. Great work knocking out the mortgage prior to retirement! Happy New Year, Julie!

Wow! Congrats! Thank you for sharing your journey toward financial retirement satisfaction! One thing I have never tracked before that I am going to begin in 2025 is Asset Allocation - I think we are too weighted in stocks in all of our accounts.

Thank you for sharing Julie! You're doing great! Happy New Year!

That’s a great way to start off the New Year. Congratulations!

Lookin good!