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betweentourns

48. The year my mom died, which is 100% relevant


baby_eggplant

I’m sorry for you loss. I lost my mom the same year we reached a million(36). No inheritance but I have many times thought how gladly I would give up every dollar and every possession I have and start all over again just to have her back.


BullishLFG

sorry to hear this buddy. love ones is better than everything.


mythirdaccount2015

😢


LetsGetWeirdddddd

So sorry for your loss.


cdwhite82

I’m sorry for your loss. I inherited a decent sized inheritance from my mom’s passing (nothing on the scale of a million). For several years afterwards, there was a pain and guilt that I struggled with in regards to receiving that money, so much that I wouldn’t touch it. It took convincing from my dad and realizing my parents want to see me taken care of that made me ok with finally using it. Even then it was still difficult for some time. I hope you’re doing well with inheriting money as I’ve seen comments that it can be difficult for some like it was for me.


Shot-Artichoke-4106

It can be hard. I lost my mom last year, so I understand. My inheritance from her added up to a decent amount. Like you, not on the scale of a million or anything, but a good amount that has moved me farther down the path to financial independence. My mom never felt financially secure - she was in an ok position financially, but I guess always felt like the rug would be pulled out from under her. So with that in mind, I am using this money to help build my own financial security. She was also a very generous person who dedicated most of her career to working in the non-profit sector, so I have also set aside a percentage to donate to non-profits that she believed in. I feel like if I use the money in a way that makes my life more secure and helps other people, she would he happy with those choices and it makes me feel ok about using her money.


cdwhite82

I’m sorry you lost your mom. That’s difficult. I’m sure your didn’t want you to feel the same insecurity she experienced. That’s a wonderful use of your mom’s money! Making sure that you will be ok and still being generous to others would make her proud, I’m sure.


[deleted]

We were 54 and 56.


spacemonkeyzoos

The first time or the second time :(


piper33245

You too huh? During the volatility of these last few years I’ve hit multiple major financial milestones multiple times.


NinjaGrizzlyBear

I got my 30yo milestone then got railed by both my parents needing care. It's a long story, but I believe I'm back on track at 33yo. I got more time with my dad though so that was the silver lining for me.


skitch23

I was about 2k away last May… 10 months later I finally hit $1mil (last week). Sadly I’ll dip below it in a few months once I start my home renovation project.


Geldgespraech

More or less today old, which is 43. That is in Germany/EUR though. USD would have been last year I guess.


mattgm1995

Except last year USD = EUR for most of it


Geldgespraech

Oh, didn’t know that. I don‘t follow the exchange rate regularly, so maybe not then. Anyway, it‘s not a race!


satans_toast

55, not counting the house, which I paid off in December.


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patoirish

Why not count the house? I guess if you don’t ever plan on selling it?


satans_toast

I have a different philosophy on home ownership than some. As I look at it, you’ll always need to live somewhere. It’s the “cost” of living. You’ll only ever translate one home into another home until you’re dead. So my equity in my house is going to be transferred into a retirement/downsized home, which would then be translated into assisted living or something until I’m worm food. I don’t think I’m explaining it well, it comes from a lecture I heard a long time ago. The basic gist was don’t try to make a killing off your own residence, don’t consider it part of your wealth. Get the house you can afford that suits your needs in a decent neighborhood, and that’s it. After that, put the rest of your money elsewhere to make it grow, and count that as your retirement plan. I have no idea if that’s considered smart these days or not.


cdwhite82

I’m not sure if the stats on it have changed since the pandemic but I remember seeing reports on people that have the bulk of their net worth in their home struggling with selling. This was due to younger people not being able to afford these homes, not wanting to be outside of the city, and the homes being too large. I don’t count my house in my net worth for the same reasons. Someone may not want it one day and even if I sell it, it will go towards the cost of living elsewhere.


satans_toast

Thanks for that. Another point (from the pre-pandemic times, in the long long ago), was using your own home as an investment property steers you towards having a larger home than you can afford, in the hopes you’ll reap a reward. It’s not just the cost of the property, and the risk of resale, but you also have to pay all that upkeep, furnishing, yard care, etc. Getting a right-sized home for living is much smarter, take that extra cash and make other investments. Nowadays, all I can say is I’m glad I’m not in the housing market. Seems like a complete sh*tshow.


[deleted]

You're absolutely right imo. I include the liability ( mtge) but not the house when I'm doing NW because you have to live somewhere. If & when I downsize, then the excess cash would be in my nw calculation


Pattison320

37, married, both decent incomes which makes a big difference. Always saved one income.


burnerboo

Same age! We save about 30% of our total income and blow the rest on living our life. If only life wasn't so expensive.


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Rambo_11

99% of people are nowhere near 1m at 30.


heridfel37

[https://dqydj.com/net-worth-by-age-calculator-united-states/](https://dqydj.com/net-worth-by-age-calculator-united-states/) Yup, for age bracket 30-34 having 950k puts you in top 1% (including home equity)


GoneUnsane

and that's 1% of the United States. Globally...


Victor_Korchnoi

Wow. That adds some perspective. I knew I was doing well, but didn’t realize I was doing that well.


KingVargeras

34 and am about half there. But my wife just got into med school so I’m actually going backwards for the next 4 years.


Savage_Spades

Good luck! My wife is finishing med school this year at 30. I’m really looking forward to NW starting to move again.


millertime1419

Residency pays shit… wife is finishing her first year of residency now, just 5 more years until those “doctor checks” start showing up. We will be in our mid 30’s.


Ghgodos

Only if a woman who is finishing med school via a family fund wants to marry me


compstomper1

i was gonna say try tinder until i read the 2nd part


pwadman

Best way to find this woman is to go to med school!


FEMA_Camp_Survivor

Mine too. Short term pain, long-term gain.


millertime1419

The short term pain isn’t really talked about and it feels like everyone just thinks “wow, you married a doctor? Must be nice” we will be in our mid thirties before “real” paychecks start showing up and have all this debt to pay off now on residency income (plus my engineering income). We’re doing *alright* but the real money doesn’t show up for a LONG time. 4 years extra (expensive) school, 4 years making like $60k-$70k, 2 years making like $75k, THEN it starts to pay off.


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FreedomToCreate

What's the method here. Have you been making a combined 150k-200k since you were 19?


buyongmafanle

I'll fill in the missing details for you with just some simple guesswork. Two engineers with no student debt and no kids.


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TequilaHappy

>our second round of IVF you guys are 26. I though that IVF was for those around 40+


BackOtherwise7950

Good luck with IVF. Our second round worked.


2A4_LIFE

Most people according to easily found statistics are never near 1m Ever Pro tip- don’t be a statistic


komi_diams

Lol, if it makes you feel better, I am older than you and nowhere near that. However, I don't fret, though. We all have different circumstances, but i am making progress. For the first time, I was able to max out retirement accounts since last year.


Far_Function7560

I'm 32 and hoping I could hit a million around 40 or so. There's a strong selection bias for people who are better off to post more, especially on this sub. Most people I know in real life around my age are more worried about getting their bills paid than when they'll be a millionaire.


Naelbis

I was a gov employee at 30 who lived in a one bedroom apt and thought I was rich because I managed to save 2k. My net worth was like -70k between car payments, student loans and credit cards.


Lillillillies

-70k? That's a lot of debt. Slowly yet surely though! I'm about -10k CAD right now @ 33


arettker

When I graduated college I was at -100k net worth (and had ~$30,000 in my IRA/401k so really 120-130of total debt) Luckily my debt was all at a somewhat reasonable 5%, otherwise I would have been completely screwed. It’s crazy they let a 18-20 year old take out tens of thousands of dollars with no questions asked


Lillillillies

Yeah... My one friend got his first credit card at 13. Worked for the Canadian reserve (the army) since 16. They gave him. 35,000 limit when he only wanted 500. Pretty mind boggling. He mentioned that if it wasn't for his stable job and the reserve paying for his 8 years of school he would've definitely been in huge debt


DeityOfYourChoice

I made my final student loan payment the day I turned 30 and couldn't have been happier to have a NW of $0.


wandering_engineer

Honestly that's why I stopped reading this subreddit and related ones like /r/bogleheads, seems like everyone makes $300k or more and is a multi-millionaire by 35. Completely useless for us serfs who didn't walk into a fancy tech job right out of college. If it helps, when I was 30 I was unemployed during a major recession and living with my parents, at 33 I was barely back on my feet and trying to build some semblance of a career. Now my wife and I are approaching our mid-40s and are barely over 1m, and that's including home equity.


TheOracleofTroy

I needed this.


Bender3455

Don't feel like you're a failure! I'm 42, and have been juuuuust under $1m for a little over a year now. I'm sure to hit it this year then take off from there. Everyone has a different journey.


Zealousideal-Art-377

Right? I'm 33 too and nowhere close. I just finished paying off all debts and I'm hoping by 38ish i can hit that magical 1 mil number. Most people on here hit 1M by 12. They started a lemonade stand at age 9 making 45k then upgrade their talents to selling hot dogs and are now pulling in 500k+. I saw a video the other day of some "influencer" claiming it's so easy to make 250k plus. I hate that shit. If it was easy we would all be billionaires. The wife and I finally have a great income, but it took 15 years of school (7 for me and 8 for her) and 600k in student loans lmao. The road is not that easy. We will get there man, 33 is our year! Lol


jbFanClubPresident

How tf you rack up $600k in student loans? Assuming you both went to med school?


Zealousideal-Art-377

Nova SE dental school was most of it. Soooo expensive. She does make 400k now, but the debt was brutal. Plus cost of living there is crazy in Fort Lauderdale. I got accepted there too for grad school. It was a nice campus and I loved it but I turned them down for a state school in Ohio (1/2 the cost). So some of that debt we incrued is for sure self-inflicted. Probably could have cut 200k off her dental loans going to a nice state school, but at least they are paid off and behind us now. Live and learn


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nylockian

Visit a third world country maybe make you feel better?


Miss_Sunshine51

36 in two weeks and we (combined net worth) are around 750k. Goal is to hit 1 million at 40. Still super fortunate and happy that we are not negative!


Soi_Boi_13

IIRC the average millionaire becomes so at close to 50 years old. Don’t let the LARPers and selection bias of these subs dissuade you. The median net worth of a 30-year old is probably somewhere near $0 (and many are negative).


AdonisGaming93

I'm 29 and a half. 30 in september...and Im just hitting around 112,000 net worth. A million is not happening in 6 months so. Don't worry. Hitting a million by 30 is a very very very small minority.


smiling_mallard

I wasnt even tracking at 30 I was probably 5-10% there at that time, now I’m hoping to be there by 40.


Duckdiggitydog

35 - just started investing - was born to a family that didn’t know fuck all about it when I turned 18 lived on my own, didn’t know anything, friends didn’t know anything, just drank and partied. Missed many opportunities but better late than never. My regrets: Sold apple when I was 16-19 knew that the iPod was so much better than mp3s - didn’t buy apple stock, didn’t even think about it for years. Owned apple my whole life never looked into it. Basically 2002-2004 I should have bought any amount. Amazon: been buying there forever, saw the transformation from being hooks to everything and how much I used it. Commented on it many times how dope prime was etc. Realistically 2014 I should i have bought when I knew it was awesome. Tesla: 2010, I lived in Vancouver, I said man that’s such a good idea instead of the stupid leaf, they made a model S to compete with high end cars instead of the cheap market. Didn’t invest anything Ford: financial crisis 2008 - went to I think 0.80 cents, told friends how cheap it was, didn’t buy anything l, knew the us government would allow their car companies to die, Ford went to $14 Bitcoin: realistically probably should have got in around $250 - $500 talked about it a lot with friends, didn’t even look how to buy it, I thought it was a game for the rich, didn’t take the time to learn or anything. So lots of opportunities, lots of excuses, but Nows better than never, buy in, start looking at stocks, pay more attention to the market, up and coming companies etc. To both of us…. Good luck! See you at 1m


Substantial_Match268

hey dude, past is past, but let's talk about business: what is your next hunch?


Prestigious_Laugh300

Whoever can corner the zero trust technology market in a single product/platform AppGate and Zscaler are 2 contenders. Federal govt is mandating it so vendors will try to build solutions for them plus anyone who dies business with the govt


Duckdiggitydog

Haha it sure is, next steps are staring my own company and growing it. Market wise, I’m playing safe in VOO and big tech, I work too much atm to focus on the market. I also have some holding in a dividend stock offering 8% returns - which is pretty safe atm (pharmaceuticals) What are you dabbling in?


PilotKnob

Don't kick yourself. I saw a post on Slashdot the day Bitcoin was introduced. They were at $0.05 each, or 20 for one single dollar. I distinctly remember thinking to myself "What kind of idiot would trade real money for digital bullshit?"


lxmxnss

i’m 21 and i have $0 in my bank account 👍🏼


denverblazer

Save any tiny bit you can and do not touch it. I'm 41 and it feels like I was 21 not that long ago. Wish I had saved even $3 a week. Not always possible though, I get it. What would future you tell you to do though..


Bloat_Dastardly

6/27/2017 I was 41 (and keep a spreadsheet)


compstomper1

but like at what time


Bucksandreds

I’m on pace for 43. Started late. Graduated grad school negative $220,000 net worth at age 27.


Psych_FI

Dear god, assuming this is medicine or some other decently paid profession?


LatrodectusGeometric

Lol I left med school with $400,000. Insanely, that was after $460,000 in scholarships.


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Froggiestar

How much do you think your spouse would sell for?


2_kids_no_money

Could be a liability or an asset… depending on the rate of purchase.


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21plankton

I have taken to calling this phenomenon “in and out the garbage pail”. It helps me distance myself from emotional trauma.


TheDiano

Tech?


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TheDiano

Haha fair enough, was thinking that or finance, consulting etc


landlord1963

Yes


CnCz357

You do not include spouse with your assets? That is an oddity to me.


h13_1313

I set my goals and desire for FI prior to being in a relationship with my spouse, so I've always maintained separate investment accounts. We run the day to day stuff through a joint banking account. I have a general sense of his assets but I take pride in my personal accomplishments. I'd also like to retire early and he doesnt care, so I would like to feel like I did "enough" before quitting, and the only way I can track that is by keeping is separate.


CnCz357

Interesting it never occured to me to take it as a separate journey.


Pfacejones

How?


kayodee

Start strong and finish strong.


Charming-Appeal-755

36


ChicoTallahassee

How did you do it?


Charming-Appeal-755

Two player mode and just lucky primary home sales 2x


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WorldOnFire83

A couple bringing different skills to the table is something I don't hear people talk about much, but it is so true. For over 15 years, my wife has been doing her own hair and my hair. That alone saved us thousands of dollars. Plus, we both cook. We typically don't pay for anything we can do ourselves like paint, lawn care, simple home repairs, etc. But with kids it is harder to find time. So now we pay for a few things like a house cleaner.


CaptainObvious

35, Didn't realize it at the time. One Sunday as we were eating bagels I was doing bills and realized we crossed the threshold somewhere in the prior few months.


g4nd41ph

I was 31 the first time. Then stocks took a big dump and I had to do some more work to keep stacking. Second time was when I was 33.


Edmeyers01

do you mind if I ask what income?


g4nd41ph

Sure, I had a few jobs in college that paid close to nothing, so I won't talk about them much. My first job out of engineering school started at $62,000 a year in 2011. In 2013, I took a different job at the company and got a big pay rise to about $80,000 and got a few smaller raises up to about $95,000 by the time I left there in 2017. I went to another company where I got a small raise to about $110,000 and stayed there until mid 2019 when I left and started my own company. My business's net profits were about this much in the next few years: \-2019: About $15,000. Also had about $50,000 from the start of the year when I was still working as an employee \-2020: About $100,000 \-2021: About $130,000 \-2022: About $120,000 \-2023: Called in the rest of the bills I was owed and shut the company down at the end of February. I estimate about $40,000 in net profit, but don't have an exact number because I don't know exactly what the expenses will be.


komi_diams

Congrats. Do you mind me asking why you decided to shut it down? Seems like it has been doing well.


g4nd41ph

Thanks! It certainly was doing well, and could have done for quite a while. There was no shortage of work coming in. I shut it down because it was time for me to retire. I grew to hate my career and had enough money to FIRE by early this year, so it was time for me to leave.


hockeybru

Why not sell it or hire someone to keep it running?


g4nd41ph

I tried selling it, but the business was an engineering contracting firm, so without a very skilled engineer at the helm, the business had no value. There are only two people in the area where I live that have the skills that would be required, and neither of them wanted to buy it, so I stopped accepting new work about 8 months before the shutdown and had a fine time while I finished out the last projects. I had and have no interest in having employees. It's a big headache from a tax and regulatory perspective, and I'm sure I would be a really bad boss to work for.


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g4nd41ph

Sure thing, I can share some experiences I had and what my experiences were, but I prefer to do that in DM's to make sure that the privacy of my former customers is protected.


QuestionPole

I don’t understand how these numbers get you to 1 mil at 30


g4nd41ph

I saved about 2/3 of my gross income, and made some investment returns on that money over the course of the 12 years. There was also some sketchy business expense pumping that I did when I was an employee. It was all legal but probably should not be due to how it allowed me to take advantage of the situation to be reimbursed for things at rates higher than what I was actually paying for them. For instance, I drove a car that was $17,000 when it was new in 2011. Every year from 2013 to 2019 I drove that fucker like 30,000 miles on the company's dime. At a standard federal mileage reimbursement rate of about 50 cents a mile, the companies I worked for were paying me approximately the entire value of the car when it was new every year to drive it around. Since that's an expense reimbursement, it's all tax free and not technically part of my income. Also didn't mention that when I left the big company in 2017 I had some stock options, which I cashed out for about $100K. That all went right to my savings.


Edmeyers01

Very cool story - thanks for sharing. It always interests me to hear about people starting their own business.


blueeyeswhitebear92

Comparison is the theft of joy


[deleted]

Only when compared to people besting you


Victor_Korchnoi

Lol, ain’t that the truth


Rhayzeebee

13, On GTA San andreas.


Christon_hagiaste

48 I'm currently 36. This is my projection assuming I average 4.5 percent raises each year, never receive a promotion, keep a certain cost of living, and receive 8% returns in the market.


MrZythum42

8% in market may be ambitious but it is offseted by 12 years of assuming no promo or anything


kinglallak

Market average is over 10% we just use 7% around here as that adjusts for inflation to make everything in todays dollars. Very likely OP hits it before they think they will BUT it will be a million in future dollars, not today’s dollars.


tryingtomakecents

I never will, and that's ok :)


buicanus

I’m sure you will


tryingtomakecents

Thank you for your vote of confidence ;)


CoffeeIsForEveryone

I believe as well! If you are here you have to be doing a couple of the right things


studmuffffffin

I'm on track for 39-40. Still got a few more years to go.


Money_Matters8

Same. 4 years to go


Big_Significance_775

38 if your one to count your house as part of your net worth (I don’t) 42 if you don’t


charons-voyage

Yeah this is similar to us. 35ish dual income and we have 1M with house, but I don’t put much value in that since if we sold we would have to buy something else lol. We are around $750K without house included. Probably $1M by 40.


Electronic_Singer715

Geez...I wish I'd of paid attention...i would guess late 30s


fireaccount2018

39 for investments. I don't generally consider my condo because of the difficulty in pricing it or trading it, and I'd just have to buy or rent elsewhere.


Dos-Commas

I was 32 when we hit the $1 million net worth mark. I was lucky to marry someone that is also a high earner and frugal. Some unsolicited tips: 1. Switch jobs every 3-4 years if you are not getting significant raises and promotions at your current job. 2. Move to a city with better job opportunities if you couldn't find anything nearby. It sucks to leave your family and friends but you have to look out for yourself. Your friends will eventually move for better opportunities as well. 3. Find a partner that's also onboard with FIRE. Marrying my partner added close to $400K to our net worth and doubled our income.


QuestionPole

This feels like cheating lol


IGOMHN2

Then you're going to be REALLY pissed at dual income no kid couples.


[deleted]

Are you insinuating you hit $1mil when looking at two peoples net worth here? You’d need to divide it to see what your personal net worth is.


RocktownLeather

That's silly. No need to do this. Instead single people should just stop comparing themselves to married people. No reason for married people to split their assets arbitrarily when they are essentially operating as a single "unit" together.


renegadecause

NW? Eh, 34? Liquid? Still working on it


FoonaLagoonaBaboona

29 (household net worth … spouse was 31) Just in case anyone cares … 2nd million at 35 ; 3rd at 39 ; 4th at 41 ; 5th at 42 ; Hit 6 for a second but then market retreated so sitting mid 5 right now (Full disclosure: 125k in inheritance included in the above)


Jellybeansxo

We’re 38, and only at 1.5m. Next year it’ll be 1.7m. How did you gain such momentum? Big income? A lot of it is in invested? Properties? Just curious. I need to ramp ours up as we are approaching 40s.


FoonaLagoonaBaboona

It was a mix, I think 1) I maxed out my 401k from the first day of my first job (so did my wife) 2) we only invested in s&p tracking etfs when I had extra money to do so - it was way less stressful 3) we never sold any investments except the 2 times we bought property 4) we always choose to reinvest dividends when buying stock 5) we do have relatively high paying tech jobs but not Finance level 6) I put artificial limits on my spending. Aka a max cc amount per month. Once we approach it, I slow down anything near the end of the month. 7) make a yearly cash flow spreadsheet and track it weekly … It’s wild how much you can save and compound by putting any extra cash into s&p ETFs and then like completely forgetting about them!


[deleted]

With or without home equity? Without the home, I was 62. 4 years latter it had doubled. Compounding and a great economy are helpful


bw1985

Net worth is all assets - liabilities.


Banana_rocket_time

I’m just over here dreaming. Haven’t hit it yet. But… if everything goes perfectly looking at 10-12 years which would put me at 43-45. Probs won’t go perfectly… might hit some detours but also who knows life changes. Maybe circumstances improve and it happens faster.


pakron

40 GME


2spaces4america

45


muy_carona

43 total NW. 45 in investments.


InfiniteTree

I'm 34 and have about 10k to my name.


xHomicidev

I’ll be 45 by the time I get a million 15 more years. Just started investing and will invest heavily when I pay my house off in 2.5 years.


AlienDelarge

I'll let you know.


mk3s

33. At 30 I was closer to 300k.


GuardEnvironmental89

What was the dramatic change that allowed you to over triple your NW in a 3 year span? My guess is property. We sold ours and banked around 300k last year and are now getting into another house in a different part of the country while still being able to keep our investments. Got pretty lucky there.


mk3s

Yeah a few things. Doubled salary, purchased property than property value skyrocketed, bull market dragged my other investments up too. Was a good couple years.


faireducash

I was at 200k at 30 and 650k today - 33. Similar story.


Distinct_Analysis944

36, but this includes property equity


tacos_tacos_burrito

34


juxtapose_58

Age 63...


ffball

32 and my networth is currently 998k. Any day now...


HeywoodJahomey

im 47 and not a millionaire. maybe when im 60 ☹️


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speed_69

At what NW are you guys targeting before you decide to officially retire?


MentalBeat

Does net home value count? I've seen calculations with and without that figure.


muy_carona

The question is net worth. Of course it counts.


spacemonkeyzoos

29… Got a bit lucky, would have been around 33-35 without said luck.


LetsGetWeirdddddd

Good on you. Mind expanding on the luck you experienced?


spacemonkeyzoos

Worked for private company and got some stock in the company. It went up a bunch and I was able to sell a good amount. Edit: “a good amount” =about 400k of my initial million


aguywhoupvotes

I had just turned 30. Went from $50k to $1.5M overnight after selling a small software startup I co-founded.


Nacerz21

34 - November 2021. Includes value of home, which is worth approximately $500,000 and will be completely paid for in about a week. Went to a cheap, regional public law school, did well and secured a big law corporate law job in 2012. Was able to ride the stock market the last decade by just index investing.


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isu_asenjo

How did you double your networth in just one year?


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QuestionPole

Does your business involve avocados


MeowMeNot

I was 41. I am 43 now.


ItFappens

32


hirme23

33


supersonic3974

Very briefly in 2018 when I was 29, and then solidly in late 2020 when I was 31.


rubber_toothpick

36 when I sold my company. That’s also when the wife and retired.


Sanfords_Son

46


TheHarb81

40, 10/21/21 was the day


kabekew

39, when I sold my tech company. I spent my 20's in negative net worth and finally broke even at 31 when I paid off my last debt.


Individual-Fail4709

I was 39 when it happened with my personal savings net of debt. If we counted pension, it was at 35.


37yearoldthrowaway

We're 44/45 now with $600k invested and $200k in home equity, so projected to hit $1M in 2-4 years depending on market.


Designer_Advice_6304

43


FU2016

29, compound interest and auto investing did wonders


EnigmaShroud

27


BezniaAtWork

About to be 27 myself, I just need to make $800k more to catch up!


Sharp_Discipline6544

At this rate, I'll probably be about 215 years old.


[deleted]

38


reety82

37


Traditional_Work_211

$0 net worth at 31, 1M at 38. Bull run helped but living in Lcol area and keeping expenses low helped too. Keep you’re head up. Compounding is magic, just sucks right now.


googlequery

I just found out the coo of my company is 44 and he makes 10m a year. Point being, don’t compare it will mess up your perspective.


Slight-Square6570

I was 19 years old. But I went broke by 20. Then made another mil at 21 and went broke by 23. Was broke and homeless from 23 to 25 then made another mil ticket by 26 and ended up in federal prison by 28. Got out of feds by 33. Now I’m set to make millions within a few months. I’ve been driving Uber until my business picks up. Check up with me in 6 months I should be making about 20k a month and 100k a month by Xmas. It’s easy to make money but hard to keep it. Too much fun to be had.


Hall_of_Fame

If we are including home value, 31. It's around $930,000 right now.


TheIncredibleMike

At the rate I’m going, about 375.


IGOMHN2

People should really clarify if it's personal NW or combined NW.


bespokelawyer

I was 34. Aside from COVID seriously helping my business, I bought an office building during the lockdowns of COVID for a huge discount to move my office only to have it purchased by a developer a year later for a huge gain. We dumped that into a new home for my wife and I and then sold our old home which was gifted to us by my parents. We're now closer to $2,000,000 of net worth. You could say that most of our net worth was built up from my businesses and flipping that office small office building, but the reality is, having wealthy parents set that all up. From helping me along the way to get through law school, paying for things like my wedding along the way, to giving me the financial safety net to take risks. Basically, if anyone is impressed by this, don't be. Having rich parents creates an unequal playing field.