Net Worth

Popping in to make a notation of our net worth prior to my husbands retirement from the military at the end of this month (February 2026). My husband is 56 and will receive a pension monthly for the rest of his life. He isn't ready to not be working, so he is looking around for other ways to spend his time and potentially earn another income. It's possible that he won't work again, thus the reason I want to make a note here at this transition period.

Our cash on hand is $121604.

Our home is valued at $419,600 and we owe $282,336, which means equity of $137,264.

Our retirement accounts combined are valued (as of 2/29/2026) at $1,729,613.

$121,604
$137,264

$1,729,613

Total $1,988,481

Our 2023 Honda Odyssey is valued at $29,000

Our 2007 Honda Ridgeline is valued at $3000

$1,988,481

$29,000

$3000

Total Net Worth $2,020,481

Saving, investing and making good decisions with our resources pays off! Thanks to God for all his blessings. 

7 Figure Net Worth

A quick report.

Our net worth crossed into seven figure territory this week!! Our assets consist of retirement accounts and cash invested in money market and certificates of deposits. 

We do own three paid in full vehicles, while they do have value it is not included in our net worth. We currently rent, so there is no home value to include right now.  We also have no debt! My husband is 51 and I am 48, so we are doing pretty well. 

The rate at which the stock market is rising seems abnormal to me.  The S&P 500 index is up over 4% since the beginning of the year! I'm thankful to see the balances of our accounts rise, but I am concerned at the pace. 

I do trust the process of investing, as it has served us well thus far! 

Have you reached a milestone in your net worth (assets - debts)? 

P.S. I learned while filing our taxes today that even if you took the standard deduction for 2020, you can still claim up to $150 in charitable cash donations ($300 if married). These are then an adjustment to income. This appears to be only for 2020.