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View Poll Results: At what age did your NW hit $1 M?
under 25 1 0.29%
26-30 7 2.01%
31-35 34 9.74%
36-40 63 18.05%
41-45 88 25.21%
46-50 60 17.19%
51-55 66 18.91%
56-60 20 5.73%
over 60 10 2.87%
Voters: 349. You may not vote on this poll

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Old 11-05-2014, 12:11 PM   #61
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I guess Mark Zuckerberg hasn't voted yet.
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Old 11-05-2014, 12:15 PM   #62
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Originally Posted by VaCollector View Post
I am always amazed at how truly rich and young a lot of the posters here are....and while I appreciate their successes, I can't be the only one here who might feel a little insecure or embarrassed by my lack of financial success
Oh, I wouldn't worry about it. The fact that you're on this forum and have an early retirement mindset probably puts you ahead of a good 90% or more of the general population
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Old 11-05-2014, 12:21 PM   #63
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I always based Net Worth on investable assets without real estate.

Age 46 for the first million.

Took another twelve years to reach five million.


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Old 11-05-2014, 12:46 PM   #64
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Age 51 when we first noticed it. We've recently hit 5 million 7 years later.
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Old 11-05-2014, 01:51 PM   #65
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Old 11-05-2014, 02:26 PM   #66
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Originally Posted by VaCollector View Post
I am always amazed at how truly rich and young a lot of the posters here are....and while I appreciate their successes, I can't be the only one here who might feel a little insecure or embarrassed by my lack of financial success
Don't think it matters one way or another since you are here too. It's not how much you have so as much as what you MAKE of what you have. Reading the posts many have "won" and "lost" a million.
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Old 11-05-2014, 02:31 PM   #67
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Don't think it matters one way or another since you are here too. It's not how much you have so as much as what you MAKE of what you have. Reading the posts many have "won" and "lost" a million.
Yep... since I can live a kingly existence on less than 30k annually, my 2M feels more like 5M.
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Old 11-05-2014, 03:18 PM   #68
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36 for me in 1996.
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Old 11-05-2014, 04:31 PM   #69
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Yep... since I can live a kingly existence on less than 30k annually, my 2M feels more like 5M.

... and since my yearly expense is about $90k here in Bay Area/CA, my 2M feels more like $500k. ...
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Old 11-05-2014, 04:48 PM   #70
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How about an option for "I don't have a million yet"?

That would be me - and I'm already ER'ed! (Current age is 50, about to turn 51).

You guys still gonna talk to me, or will it be one of those things that over time, I notice I'm not being invited to as many events as I used to be, or I see you guys in a group on the other side of the room talking - and I'm not part of that group.......or I walk into the room and it goes strangely silent

However, with a 760K portfolio, an AA of ~60/40, and a draw that is ~2% of the current value, I occasionally wonder when I'll hit $1M.

I guess you will be asked less frequently for the Grey Poupon going forward...
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Old 11-05-2014, 04:53 PM   #71
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How about an option for "I don't have a million yet"?

That would be me - and I'm already ER'ed! (Current age is 50, about to turn 51).

.
I suspected as much when you did not buy the lighted toilet seat !
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Old 11-05-2014, 04:56 PM   #72
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Originally Posted by VaCollector View Post
I am always amazed at how truly rich and young a lot of the posters here are....and while I appreciate their successes, I can't be the only one here who might feel a little insecure or embarrassed by my lack of financial success
Va,

To help keep things in perspective:

- Over 22,000 registered users on this site and
- Less than 100 responses to this thread.

I think we have a wee bit of selection bias in these responders.

Also have you tried to put a dollar number on the value of your accrued SS benefits? I suspect this may be quite a large number. Any pensions would also help things.

Bottom line - Don't get discouraged!

-gauss
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Old 11-05-2014, 05:01 PM   #73
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Age 51 when we first noticed it. We've recently hit 5 million 7 years later.
I'll have what he is having!
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Old 11-05-2014, 05:07 PM   #74
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I'm not sure what this means due to inflation, but it's still somewhat interesting.

For us (household) net worth hit 1M at 38. This is about 9 years after I got out of grad school.
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Old 11-05-2014, 05:16 PM   #75
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Yep... since I can live a kingly existence on less than 30k annually, my 2M feels more like 5M.
Where is that? Probably not in Vancouver.....
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Old 11-05-2014, 05:20 PM   #76
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I'll have what he is having!
Portfolio gaining 5x in 7 years! I am green with envy.

But if it involves putting it all in one stock, well, I am too chicken for that. And if it is about working for some companies for stock options, I am too old and tired for anybody to want me, and then I am also retired.

Darn, it's hard to keep up with the Jones when you have no earned income to buy stocks, let alone drawing down your stash for home repairs, buy health insurance, put gas in your motorhome. And then, I got reminded that I needed to halve my number because I am married. There goes the "multimillionaire" label.

I feel poor!
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Old 11-05-2014, 05:23 PM   #77
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Where is that? Probably not in Vancouver.....
Yes, Vancouver. With brief respites from the rains in the Baja. And summers in the Gulf Islands. No kids. No debts. Modest home. Inexpensive hobbies.

It can be done. And we do.
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Old 11-05-2014, 06:16 PM   #78
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I am always amazed at how truly rich and young a lot of the posters here are....and while I appreciate their successes, I can't be the only one here who might feel a little insecure or embarrassed by my lack of financial success
A smart man only believes half of what he reads and hears, a wise man knows which half to believe.
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Old 11-05-2014, 07:04 PM   #79
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Old 11-05-2014, 08:14 PM   #80
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$1M at 37, $2M at 40 for me.
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