RetireJapan

We're up around 40% in the last year (growth, exchange rate change, and contributions).

A really excellent return; congratulations! I think people at the very beginning of their investing careers sometimes luck into returns like this from a couple of lucky (and too speculative) stock picks but when larger and more mature portfolios like yours and Mr Tako’s get these returns it’s unusual and I think hints that some major market shifts occurred over the year.

TokyoWart wrote: ↑Sun Jan 09, 2022 9:10 am

We're up around 40% in the last year (growth, exchange rate change, and contributions).

A really excellent return; congratulations! I think people at the very beginning of their investing careers sometimes luck into returns like this from a couple of lucky (and too speculative) stock picks but when larger and more mature portfolios like yours and Mr Tako’s get these returns it’s unusual and I think hints that some major market shifts occurred over the year.

Actually it is really stressing me out as I can't imagine that it is sustainable!

The combination of stock market growth and a weakening yen supercharged things (plus we are still contributing).

Interesting times indeed

TJKansai wrote: ↑Sun Jan 09, 2022 3:22 am One question I am asking myself is whether I should minus my future capital gains taxes. Do you include them?

Regular distributions and dividends are one thing, but since I rarely sell anything some holdings are 20 years old and have grown as much as 1000%.

A fund/stock that has unrealized gains of $100,000 probably should be considered to be worth $80,000, but my guess is few people think that through.

This is a really interesting question. I guess you can discount your holdings, or apply the expected taxes to your withdrawal rate. This is what I do -if I assume a 4% withdrawal rate, I adjust that to us actually receiving 3.2%.

RetireJapan wrote: ↑Sun Jan 09, 2022 8:59 am

TokyoWart wrote: ↑Sun Jan 09, 2022 8:24 am Mr Tako gave his update on net worth and his experience in 2021 is what I think I'm seeing in several colleagues and friends of my age. Interesting so how steadily his net worth has increased during an early retirement.

https://www.mrtakoescapes.com/2021-year ... th-update/

I saw that earlier today

We're up around 40% in the last year (growth, exchange rate change, and contributions).

Very impressive. My best years were around 35%, but from a smaller base (and young kids). Mr. Tako's site is interesting and his philosophy is something I can relate to, and a 50% savings rate has been my target for 30 years. I always felt like saving was easy, and had a hard time wondering why people with the same income as me had nothing in the bank. A huge factor might be is that I don't go out to eat or drink much.

What is amazing is he has hit $5m in such a short time, doing it the hard way (not with crypto ).

I did a quick math, found "40", and though "OMG, it can't be right?!

Then I noticed that this would be "months", not "years"

So if all income stopped today, I would survive for 3.3 years.
Not bad considering I only started taking my finances seriously in April 2020.

Well, I'm not including Nenkin or DC here, since these would not be available to me if I was to stop working today.
But the math shows that they would add more 2.5 years until I starve. Again, not bad, I guess?

RetireJapan wrote: ↑Fri Jan 07, 2022 3:58 am After the last couple of years of stock market madness, what is your (family's) current net worth?

I've been wondering... (a dangerous thing, I know)

This poll has net worth framed as a function of expenses. That's certainly a valuable way to look at worth vs just using absolutes (¥xxx,xxx,xxx).

It doesn't have to be connected to this one (responses given here), but would a similar poll on expenses be good? It might be interesting to see the distribution of answers, compared to the pool of answers here.

Maybe in ¥100,000 steps? (1-2, 2-3, 3-4, etc) Would ¥50,000 steps be too granular?

What do you think?

captainspoke wrote: ↑Mon Jan 17, 2022 2:36 am

RetireJapan wrote: ↑Fri Jan 07, 2022 3:58 am After the last couple of years of stock market madness, what is your (family's) current net worth?

I've been wondering... (a dangerous thing, I know)

This poll has net worth framed as a function of expenses. That's certainly a valuable way to look at worth vs just using absolutes (¥xxx,xxx,xxx).

It doesn't have to be connected to this one (responses given here), but would a similar poll on expenses be good? It might be interesting to see the distribution of answers, compared to the pool of answers here.

Maybe in ¥100,000 steps? (1-2, 2-3, 3-4, etc) Would ¥50,000 steps be too granular?

What do you think?

We've had Rent, Car, Spending in Retirement, Savings Rate and now Net Worth. Those cover similar ground, but a monthly expenses might be useful too. I would say ¥100,000 increments would work. My guess is some spend ¥0 on rent, some ¥400,000 or more, so a range of ¥200,000-1,000,000+ might be necessary.

Okay, thanks!

RetireJapan wrote: ↑Fri Jan 07, 2022 3:58 am After the last couple of years of stock market madness, what is your (family's) current net worth?

Our assets are mainly in real estate, and our investments haven't been affected much at this point. There are still loans in repayment, but we've paid them down significantly, and if sold now they'd yield a good number of years worth of spending in cash (but prefer to keep paying them down, as the lower the loan repayment becomes, the higher the returns on the rents, of course!).

Can you add one more option:

"Less than one month of spending".

I'd just like to be able to take part in the poll!