Those who accumulated $5-10MM in net worth before retirement …

Those Who Accumulated $5-10MM In Net Worth Before Retirement …

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My NW is ~$5M. I work as an engineer without an especially high income. In 2023 $, my NW by age was as follows. Note that a good portion of net worth relates to buying my primary homes …

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Has Anybody Achieved A NW Of $5-10MM On $150-$300k Income?

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A recent post about $10+MM net worth got me thinking, has anybody here gotten to $5-$10MM net worth off boring investing (index funds), high-ish savings rate (40-60%) and 150-300k …

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Went From $50k Net Worth To $4.5mm In 10 Years : R ... - Reddit

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At the time of launching this new business, I would imagine my net worth was maybe $50-70k, mostly comprised of a small amount of home equity, personal and business property, and …

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For The UHNW Folks Here, What Was Your Path From $10M To …

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Toronto/NYC the 1st home is usually a huge chunk of the $10MM net worth, maybe a cottage but even then if the growth stage or real equity came from shares in a company, it would be silly to …

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How TF Do People In Their Late-20's / Early-30's Already Have ... - Reddit

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Spending 70k on 100k post tax means you are saving only 30% of your income. If you were spending 70k per year before your raise, then you weren’t saving anything. For those that break 1mm net worth by 30, they either have higher income, higher savings ratio, or both.

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Just Passed The 5m Net Worth Mark. AMA : …

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Mine are average value $540k bought average $390k price on average 1-2 years ago. I'm hoping to be down you're path in a few years....also 33 but virtually all my net worth is in those rentals …

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From ZERO Net-worth At 30 To ~$1.4M In 4.5 Years (yeh Tech

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TL;DR: From August of 2016 when I lived at the mercy of friends on their couches & floors to February 2021, from the age of 30 to 35, my net worth increased from 0 to $1.6M (now down …

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My Journey To $1MM In Total Investments At 40 Years Old(even

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Those who are age 55-60 now for example, will have had most of their lives to save before this recent massive bull run, so they should have entered the bull run with massive portfolios …

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What Age Were You When Your Net Worth Hit 1 Million, Where Do

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Graduated med school at age 30, finished residency and fellowship at age 36. Paid off the student loans in the early 40s. Hit $1M net worth in my late 40s. Edit - HCOL area. Always maxed out …

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I Retired At 52 With A $3 Million Net Worth — Here Are 10 ... - Reddit

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Gotcha. Yeah, we have another $500K in home value (paid off) and other misc. stuff (including a tiny pension that comes at age 65 for both my wife and me) that probably adds to net worth. …

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At What Level Of Networth Does More Money Become Meaningless …

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The difference between the quality of life between a $10 million net worth and a $100 million net worth is also big but probably not as big as $1 to $10 million. $30 million is typically the cutoff …

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I Want To Retire With A Net Worth Of 10M Dollars In ... - Reddit

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$400k gross for a single filer in Ohio would result in net taxes owed of around 34.5-36.5%, depending on the local tax situation. This leaves OP with around $255,000 net. Saving $180k …

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Personal: HNW $10M, How Did You Do It? [High Net Worth] - Bogleheads.org

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Aug 13, 2022  · Jags4186 wrote: ↑ Fri Aug 12, 2022 8:08 pm Most people who have a $10mm net worth that aren't athletes/entertainers/trust fund kids did it by starting and operating or selling a very successful business. There are very few people who are able to make enough money at a job to get to $10mm without hitting some sort of RSU or options lottery.

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Personal: HNW $10M, How Did You Do It? [High Net Worth]

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Aug 10, 2022  · To put this in perspective, if you can get a net worth of $3MM by age of 40-45, invest/save NO MORE $, average a 6% return for ~20 more years you will reach $10MM. …

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Anyone Reached $5m Net Worth Over The Years? How Did It Happen?

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You don’t need to make that just to be considered a high paying job. Reply reply. falco_iii. •. $500k is a lot. If a couple makes $200k, pays $30k in taxes and spends $70k per year, then …

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How To Plan For The Next 10 Years. 700k Net Worth. : R ... - Reddit

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401K - $190K. Roth - $11K. Company Stock - $120K. Taxable Investments - $40K. At the moment, I try to max out my 401K each year. I put in 10% of my salary in company stock that …

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