My Net Worth Goal for 2014 and 2015
So now that I’m working, and I’ve already met my (old) net worth goal of reaching $250,000, I figured I should do some estimates for 2014 and 2015.
So here are my two, short goals:
2014: Reach $275,000 in net worth after taxes
This would be an increase of around $57,000 net this year or 26%.
This would be a bit tough because I did buy a car this year and I had to buy new tires (another $650), as well as replace the brake pads ($150).
I’m revising this goal from the $250,000 since I already hit this in October.
2015: Reach $400,000 in net worth after taxes
This would be an increase of $125,000 or 45%.
My s t r e t c h goal for 2015 is to reach $425,000 in net worth after taxes and expenses.
That’s a major stretch because I’d save $150,000 net after taxes and expenses and it’d be a 54% increase.
Can I do it? I hope so, but I am not going to kill myself to do it. $400,000 is good for me.