I knew February would end up being a pretty good month with high than normal income and the profit sharing from my employer hitting my 401k. Considering the markets didn't have a repeat 5-6% gain, I got pretty close to topping January's personal record. I had about $1,200 in combined 401k contributions and just under $900 in ESPP withholdings. The biggest contributors for the monthly gain were the profit sharing of $4,500 and February net savings over $7,100.
Current Assets: $211,756.69
Curent Liquid Assets: $103,337.63
Current Debts: -$16,975.43
Net Worth: $194,781.26
By the end of the month I'd had my second highest monthly net worth increase. I wasn't able to pass January, but did improve my net worth by $16,113.92. This was a 9.02% increase from January and so far in 2013 I've increased my net worth by $38,829.08. I didn't expect to get off to this great of a start, but I'll take it. I'm now 38.83% of the way towards my goal of a $100k increase for the year.
My after-tax savings rate for February ended up at 82.23% which was down from January but still above my target 80% rate. I'm now averaging 83.79% for 2013 so far.
The first two months of 2013 have been great so far, but there's still lots of work left to do to reach my goals for 2013. I'm hoping that we can get some better opportunities to purchase some some great dividend growth stocks, because I'm behind on my dividend goals but there's still lots left for 2013 to be ableto make some improvements.
I decided to also add one more chart to my monthly updates. This chart will show the number of years that my liquid assets, essentially cash/checking/savings/brokerage accounts, would last based on the spending for the corresponding month. For February, this number came to 5.74 years. Not bad considering 2.5 years ago I had a negative net worth.
I've updated my Progress page to reflect February's changes.
How was your February? Did you do better or worse than you expected this month?