Q2 Net Worth Statement
Every 3 months I take 5 minutes to update my net worth spreadsheet and I think this is the most important thing a person can do to track your finances.
The 2nd quarter of 2025 just ended and here’s your reminder to update your net worth spreadsheet.
If you haven’t done this before, it’s really simple:
- Log into each bank/brokerage account you own and write down the current balance.
- Add those balances together with the market value of any real estate or other significant assets you own. This makes up your Total Assets.
- Write down all debts you owe including mortgage, credit, student loans, etc. and add them together to get your Total Liabilities.
- Total Assets minus Total Liabilities = Net Worth
Track this quarterly and watch this amazing journey to FI unfold before your eyes!
Guide to Building a Portfolio for Potentially Higher Safe Withdrawal Rates
One of the best podcast episodes I’ve heard lately was Paula Pant’s ‘Afford Anything’ Episode 618 with the incredible Frank Vasquez, host of the ‘Risk Parity Radio’ podcast and the most frequent contributor in our ChooseFI Community platforms.
In the episode, they offered a free download of a ‘Risk Parity Portfolio’ which is billed as:
“The step-by-step guide to building a portfolio for higher safe withdrawal rates: Learn how to build a portfolio that's strong enough for 5% withdrawals in retirement.”
And the page goes on to say:
“Traditional retirement advice tells you to spend less. Frank Vasquez found a better way: optimize your portfolio for higher withdrawal rates. Frank's parents shocked him in 2009. Despite his father's successful medical career and years of diligent saving, they called asking for money. Frank spent the next decade researching how to build portfolios that actually work in retirement. His risk parity approach has historically supported withdrawal rates around 5% — significantly higher than the standard 4% rule. Download his complete framework and build a portfolio designed for 5% withdrawals.”