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Net worth 30-40 year olds
Old 05-15-2017, 10:22 PM   #1
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Net worth 30-40 year olds

What is your net worth for persons in their 30-40? I am 35 and have about 155k in a 401k, 19k in a Roth, 420k in real estate and a few cars worth about 25k. Overall probably around 550k total net worth.
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Old 05-15-2017, 11:52 PM   #2
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You are doing good. I don't know what my NW was at your age. I had 401K equivalent account ~$125K-$200K at 35-40 years old that would be ~$180-$260K in today's dollars based on cost of living calculator.
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Old 05-16-2017, 12:34 AM   #3
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You're doing good. I'm 49 and 15 years ago I only had 40k in my 401k and some cash in the bank. My house was paid off but I don't include my house or car in my net worth.
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Old 05-16-2017, 04:46 AM   #4
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You are doing much better than your peers.
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Old 05-16-2017, 04:51 AM   #5
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40 here, NW ~400k not including the $21k/year COLA'd "pension" I receive. Plan is to get that over $1M in the next 5-7 years and then retire. Living paycheck to paycheck in my 20's put a big damper on my net worth growth...

You might find this calculator interesting https://dqydj.com/net-worth-by-age-c...united-states/
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Old 05-16-2017, 06:26 AM   #6
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That was a while back but at 30, I probably had a negative NW. By the time I was 40 I'm sure my NW was positive but probably not by a lot (maybe 200 to 300k). It was the next 10 years (40 to 50) where I really started accumulating.
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Old 05-16-2017, 06:32 AM   #7
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DS (age 32) just announced this past weekend that he and his DW's net worth just passed $500,000. In the OP's calculation of NW, I advise him not to include cars.


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Old 05-16-2017, 06:49 AM   #8
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At 33, I had 300k and quit my day job.
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Old 05-16-2017, 06:52 AM   #9
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There's a whole website for the new guy OP:
https://www.networthiq.com
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Old 05-16-2017, 06:58 AM   #10
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I was at $400k at 35 (1996), so you are ahead of me at your age. Net worth tumbled more than double this amount from 2009 to 2011 in what I call the dark years. The last five years have been a godsend for net worth recovery.
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Old 05-16-2017, 07:01 AM   #11
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Wife is 32...$280,000
Im 34...$448,000

Our Total: $728,000

Not including house
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Old 05-16-2017, 07:21 AM   #12
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DW and I broke 7 figures on our 30s. Her company stock options were a large contributing factor.
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Net worth 30-40 year olds
Old 05-16-2017, 07:45 AM   #13
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Net worth 30-40 year olds

Jus to clarify my primary resident is not on the list and vehicles listed are my extra cars.
My wife's net worth is not listed either.
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Old 05-16-2017, 07:47 AM   #14
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Originally Posted by ponyboy View Post
Wife is 32...$280,000
Im 34...$448,000

Our Total: $728,000

Not including house


Wow fantastic !!!
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Old 05-16-2017, 07:48 AM   #15
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At 33, I had 300k and quit my day job.


What do you do now since you quit your day job ? What type of business ?
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Old 05-16-2017, 07:49 AM   #16
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I was at $400k at 35 (1996), so you are ahead of me at your age. Net worth tumbled more than double this amount from 2009 to 2011 in what I call the dark years. The last five years have been a godsend for net worth recovery.


I got lucky with the real estate market in 2009 when I bought a few cheap properties in California , otherwise I would only have the 401k. I guess a little bit of luck helps
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Old 05-16-2017, 08:32 AM   #17
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I got lucky, did not start accumulating much before going into the Great Recession. Started working after grad school at 32 (2007) with $45k to our names plus $50k in house. Hit $1M net worth (including primary residence) a couple of months after turning 40.
42 now with ~$1M invested, $200k cash (for investment properties) and $80k rental equity.
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Old 05-16-2017, 08:32 AM   #18
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Dude, be prepared to feel humbled, as this board has many. many folks that have accumulated enviable stashes at incredibly young ages.

At 35 (1998), I think I had about $300K in my 401K and another $20K in outside investments, making about $60k a year, so you are doing well.

I am at about $1.6 now, so when you are in your early 50's you should be well north of $2 million. Gratz!
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Old 05-16-2017, 08:39 AM   #19
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Dude, be prepared to feel humbled, as this board has many. many folks that have accumulated enviable stashes at incredibly young ages.

At 35 (1998), I think I had about $300K in my 401K and another $20K in outside investments, making about $60k a year, so you are doing well.

I am at about $1.6 now, so when you are in your early 50's you should be well north of $2 million. Gratz!


It's a blessing to have forums like this to be around like minded folks.
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Old 05-16-2017, 08:58 AM   #20
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I got lucky, did not start accumulating much before going into the Great Recession. Started working after grad school at 32 (2007) with $45k to our names plus $50k in house. Hit $1M net worth (including primary residence) a couple of months after turning 40.
42 now with ~$1M invested, $200k cash (for investment properties) and $80k rental equity.


Amazing congrats , i too plan on getting more properties or paying one down significantly.
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