how's your net worth doing year to date?

[DollaDollaBillS$$$]

my retirement account is down quite a bit, although not as much as the s&p due to diversification. for some reason this has me nervous even though I dont plan to retire for another 15 years. its not my first recession but it feels different this time (due to the administration's ineptitude ) not trying to make this political, just saying where I'm coming from. but then I look at my real estate etc and see that its up about as much as my funds are down making me even steven. the one good thing its done for me is to increase my brokerage account investing to capture some of the down market. I'm going to be fine (hopefully) , but boy was it a shocker to see the downward trend ytd. how are you doing? are you doing anything different because of the down market?

[CordMcNally]

I assume that most people here will be down but I bet in 20 years I won't care.

[xraygoggles]

I would be surprised if anyone wasn't down this year - unless they were almost entirely in RE or biz.

But anyone with a large proportion of assets in public equities down for sure.

[CordMcNally]

I would be surprised if anyone wasn't down this year - unless they were almost entirely in RE or biz.

But anyone with a large proportion of assets in public equities down for sure.

I bet those early in their investment careers have a decent shot at being up since contributions typically outpace any investment gains/losses. Those who have a bit more under their belt likely have a more difficult time out-contributing large investment gains/losses.

[dayman]

I bet those early in their investment careers have a decent shot at being up since contributions typically outpace any investment gains/losses. Those who have a bit more under their belt likely have a more difficult time out-contributing large investment gains/losses.

Yeah, I'm 5 years out and about even this year. Contributions have been almost, but not quite, equal to my investment losses. Slightly up overall when including increased home equity.

[JBME]

you're making it political by citing the administration.

As of 6/30 net worth has increased by $45k this year, or 3%. Two reasons why: we don't have real estate other than our primary home but I think the value on it has increased minimally 15% in the past year and I include that in NW. The other reason is we keep plugging away at retirement investments every 2 weeks at our jobs. That's been worth about $50k. But the total balance on our retirement accounts from Dec 31, 2021 to June 30, 2022 is down 19.7% (this includes the contributions so we're down more than 19.7% on the return)

[familydocPA]

I haven't updated my NW since the end of the year, but given that I know how much I have in the market I'm pretty sure I could ballpark it. Certainly down more YTD than the amount I put in annually (which is over six figures). Thankfully, I don't really care.

[NumberWhizMD]

Down, but stopped looking awhile ago. I have my investments on autopilot right now and am continuing the plan. We are a long way away from retirement and have other financial goals right now. First real down market experience, and looking initially was just creating more anxiety. Learning to just trust the process and keep with the plan.

Now as my parents are nearing retirement age, I do see some of their anxiety. Granted, they are both aggressive in their investments. Luckily, they are both able and willing to continue working for now. I suspect in a couple of years, they will be just fine as the market corrects (or sooner).

[CordMcNally]

Now as my parents are nearing retirement age, I do see some of their anxiety. Granted, they are both aggressive in their investments. Luckily, they are both able and willing to continue working for now. I suspect in a couple of years, they will be just fine as the market corrects (or sooner).

I'd be curious if this makes them rethink their asset allocation.

[pit.alumni]

The market should never have gone up as far and fast as it did over the past two years, simply the result of so much stimulus and low interest rates. I'm retired and ytd down about 6.5%. I have about 35% of NW in direct owner RE and moved most of my bonds to cash when interest rates went to zero. Have been gradually rebuying bond funds since May. In the past 6 weeks RE is down about 5% but still up from the start of the year. Rents have increased quite a bit and don't see them going down much unless there is significant unemployment. My projected withdrawal rate from stock/bond portfolio this year is less than 3% and easily covered by cash on hand. Using the down market to Roth convert and taxes for that are included in 3% withdrawal. Resetting interest rates higher is not bad when you're retired since it allows a bit more risk free return.

[zlandar]

Down 6%. That includes home. Only change I've made is $20k in the I bonds which is a fraction of my investment portfolio.

[NumberWhizMD]

I'd be curious if this makes them rethink their asset allocation.

I've actually talked to them about that, and I think only my dad is going to make some changes (parents are divorced). He still wants to be aggressive with his investments, though, so we'll see. Fortunately for him, he has already been collecting his pension from his last job, so he's really just working now for the health insurance benefits. It just comes down to how much "extra" money there will be after all of this.

My mom, on the other hand, is a workaholic and will likely work most of her life, despite saying she wishes she could retire. It took her until about 5 years ago to go from working 7 days a week most weeks to working 4 days a week (and she still works extra days when she takes PTO so she doesn't actually have to use her PTO).

[childay]

Down ~13%, not worried

[Lordosis]

I am down about 5%. But I am only 7 years out and my contributions are significant compared to the total. I am not worried about the paper losses at all.

I am a little worried about increased spending. Daycare is kicking our butts. Several price hikes recently. I get it that they have to pay everyone more but it is getting ridiculous.

Food up a bit too. Some due to inflation and some due to growing kids.

Speaking of growing kids they start wanting more expensive things as they get older! No one warned me about that!!! :P

[LIFO]

I take an active role in my investing that has typically been pilloried on this site. With the exception of the 529 (which is indexed), I am up on an absolute basis and have a positive rate of return.