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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 11-10-2014, 01:13 PM   #121
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9 million at 45 work and some inheritance.
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Old 11-10-2014, 10:21 PM   #122
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Sep 2012 so 44 years old.

Interestingly, never went under it again. Some other milestones have hit then dipped so went under and had to suffer celebrating achieving 'em multiple times. A million stuck.
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Old 11-10-2014, 11:39 PM   #123
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1 Mil at 36.

2 Mil last week at 40. Very nice feeling.
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Old 11-11-2014, 12:14 AM   #124
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42....seems to be a popular age.
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Old 11-11-2014, 03:02 AM   #125
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Another explanation for the double peak - as you get into your 40's and 50's you and/or your spouse are more likely to receive an inheritance. Even a smallish inheritance can push your savings over the million dollar mark if you were close already.
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Old 11-11-2014, 12:06 PM   #126
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Is becoming a millionaire and having a NW of 1 million the same thing? Are you a millionaire if you and your spouse have a NW of 1 million?

That's your call. There are many roads to becoming a two comma guy. (My apologies to Taylor Laramore)
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Old 12-24-2014, 11:52 PM   #127
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Just joined the club due to a larger than expected inheritance which closed the gap. Like many others, age 42.
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Old 12-25-2014, 05:06 AM   #128
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That's your call. There are many roads to becoming a two comma guy. (My apologies to Taylor Laramore)

Don't forget there are a few 2 comma gals here too.😉

Anyway, 49. Inheritance pushed me over, but I was close. Would've got there sooner if not for a for a glitch in 2004.


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Old 12-25-2014, 05:43 AM   #129
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Another explanation for the double peak - as you get into your 40's and 50's you and/or your spouse are more likely to receive an inheritance. Even a smallish inheritance can push your savings over the million dollar mark if you were close already.
At age 48 I went from close to $1m, to double millionaire status after receiving an inheritance. Without the inheritance I would have broken the $1m barrier that year.
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Old 12-25-2014, 07:42 AM   #130
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Can't remember exactly but between 40-45. Now 57 and over 2M. No inheritance mostly stock that did well and conservative spending.


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Old 12-25-2014, 07:50 AM   #131
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Age 52. Hit $2 million in mid-2011 at age 58 and the financial crisis started. Now we're close to $3 million. We're at that figure if you count equity in the house.


Two good "bumps": we married and moved from NJ to a LCOL state in 2003 and sold our previous houses, mine in 2003 and DH's in 2004. Most of the equity released went into investments. It also helped that when we moved, we had a lot of money to put into savings so we rode the recovery after the dot-com bust and the 2011 crash.
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Old 12-25-2014, 08:52 AM   #132
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I was 34 when I was still single. I got married the year after which added another $400K so I was destined to hit this milestone no matter what at 35.
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Old 12-25-2014, 09:31 AM   #133
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There wasn't a "Don't know" choice. When I lost my job at 51, I added up all my assets. It was safely over $1MM. I probably passed the milestone sometime in my 40's but I can't say when. I'm sure I got a good bump during the 90s.
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Old 12-25-2014, 09:41 AM   #134
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For the millionaires here, at what age did you first have a net worth of $1M? Many, like me, enjoyed this milestone so much that we passed it several times going both ways. If that is you, list the age when you FIRST passed this milestone.
At 67, still haven't made it. Fortunately, DW is doing a bit better, FIRE'd since age 55.
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Old 12-25-2014, 10:18 AM   #135
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At 67, still haven't made it. Fortunately, DW is doing a bit better, FIRE'd since age 55.
That's a key point. For a couple is it $1MM each? I've always considered it a single pot and not my share - her share.
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Old 12-25-2014, 11:07 AM   #136
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At 47 then again at 49. I was 48 in 2008. :-) Doubled since then.



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Old 12-25-2014, 03:54 PM   #137
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For those of us who began work in the '60's with salaries of four figures, when a million was serious money, it took a while longer.
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Old 12-25-2014, 09:52 PM   #138
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Counting my individual assets, I was 40. If you include my spouse's assets, probably 37.


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Old 12-25-2014, 09:55 PM   #139
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Not including value of home: $1M at 46, $2M at 54.
With home: $1M at 42, $2M at 49.
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Old 12-26-2014, 04:00 AM   #140
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first mil 51 , tripled it over the next 12 years
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