Hitting The Next 100k In Net Worth

Are you working towards your first 100k or are you filling in the gaps until your first million? This is meant to be a motivation post for those people seeking to increase their net worth! 

I’m a natural saver.

I was saving with no clear purpose until I accumulated 100k – mainly in my 401k.

At that point, I realized that if I made investing a priority, I could substantially change my household’s financial picture.

Money to me has always equated to freedom in some form or another. 

Freedom from financial stress, anxiety, worries.

This eventually turned into a financial freedom goal. A goal to redefine my 9-5.

It has become clear to me as each 100k is achieved, the snowball becomes bigger and the momentum is stronger.

No inheritances, no funny business – just hard work and a goal.

100k net worth

What’s Included in My Net Worth Calculation

The net worth calculation looks like this:

Assets – Liabilities = Net Worth

Head over to this article and scroll down mid-way to find out what is typically included in the calculation.

There is a clearly defined way to calculate net worth, but it’s up to you what you choose to include (or not).

Here’s what I include:


  • Current value of all stock market investments
  • Current value of pension (rolling this over when Mr. FTD leaves employer)
  • Savings (for the past few years, I’ve held <$10k in savings for emergencies)
  • Rental real estate fair market value (pending next 1-2 years)


  • Rental real estate mortgage (pending next 1-2 years)
  • If I had debt, other than the mortgage, I would include it

Here’s what I don’t include:

  • Value of cars
  • Home value(+)/mortgage(-) on main home
  • Possessions that may/may not be valuable

Here are a couple of reasons why:

The value of my two cars are not included because I’m not driving a Rolls Royce. 

In all seriousness, it’s mainly because my cars aren’t worth much and they will continue to depreciate.

Both cars are 10+ years old and may be valued around $10k total.

The home equity is not included because I cannot readily liquidate it for cash.

I’m using it as a buffer for when it’s time to sell and use the equity for a down payment on a new home.

On the flip side, I don’t include the liability as a reduction in net worth either.

I like to keep my home separate in the calculations because it makes it much clearer for me on what I actually have to work with in terms of retirement assets. This is a personal preference.

My mortgage balance is my only recurring liability, so other than credit card balances that get paid in full each month, I don’t have any other debt to consider in this net worth calculation.

My net worth would increase by ~$45k if I were to include home equity (home value – amount owed).

Please note the net worth purists will say that I am calculating my net worth incorrectly. I shared how I approach it.

Timeline On Hitting The Next 100k

I have been an investor since 2007, and during that time I have experienced the ups and downs of the market.

Here’s what I DON’T DO:

  • time the market
  • invest in a speculative manner
  • pay exorbitant fees
  • sell low in a down market
  • make decisions based on fads

I plan on hitting the next 100k’s how I have done it in the past – mostly

Right now, I’m primarily invested in low-fee index funds and individual stocks.

In the next 1-2 years, the plan is to include rental real estate in the asset mix.

Overall – I don’t invest unless I’m willing to part with that money for an extended period of time.

As a buy and hold investor, I invest with a long-term outlook.

That being said, depending on the market and contributions, the plan is to hit the next 100k in mid-2021.

This applies a conservative growth rate along with consistent monthly contributions.



Looking for a financial tool to manage your finances? Check out Personal Capital. I have used it for a number of years and it is one of my go-to’s. Learn more about it by reading my article here.

Personal Capital for your investing tracking needs – not actual amounts

Related articles: 

net worth 100k

The Future Is As Bright As You Make It

For anyone out there that is wondering how they can start building wealth, know that you can achieve it – if you work for it.

I abide by the following wealth equation:

Financial Wealth = Earning power + Saving power + Investing power

An excess of money is not the end goal, it’s just the fallback plan.

If I could offer one slice of advice, it would be to stay motivated in any endeavor that you want to accomplish and keep moving forward.

There are people who make things happen, there are people who watch things happen and there are people who wonder what happened. To be successful, we have to be people who make things happen. – Jim Lovell

You can only change your life if you are willing, and it all starts with making short-term and long-term goals. Follow along and learn how you can change your future by reimagining it.

To get started accumulating wealth and your own 100k milestone – read the following articles.

Use the same spreadsheet I use to get a handle on the finances:

Get familiar with the wealth equation:

Understand the difference between saving and investing for the long-term:

Get solid motivation to stay on course with your financial goals:

Full-Time Dollars 9-5 redefined

Read more about my mission HERE.

*As with all financial and investment decisions, consult a professional. Read disclaimer here.

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Did you hit any new milestones this year? Do you plan on hitting a milestone by eoy? Please share below!

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  • Four Pillar Freedom

    That’s great you plan on hitting $100k by next November. I’m on track right now to hit my very first $100k by next summer. It has been a slow and steady road to reach the first $100k but I’m sure my savings will speed up after that point. It’s encouraging to read these updates from people who have saved more than myself and to see that investment returns have helped propel your net worth so much.

    I love your index-fund approach and the fact that you don’t try to time the market. Those two decisions alone make you a better investor than 90% of the population.

    Looking forward to watching your progress 🙂

    • Full-Time Dollars

      From my experience, yes, as you continue to increase your holdings, the financial snowball will form bigger and increase much faster. When I first started accumulating $$, I kept reading how eventually the investments would start amassing at contribution levels. This year that happened, but that likely will not be replicated. I have work to do in terms of matching my contributions year over year from investment returns in the future…slow and steady.

      Props to you on your progress. I can pretty much assure you that you will never second guess paying yourself first. If you plan on posting about when you do hit the first 100k, I look forward to reading all about it! 🙂

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