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Old 08-23-2007, 01:02 PM   #162
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Join Date: Jan 2007
Location: New Orleans
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Quote:
Originally Posted by FIREdreamer View Post
It helped that both my wife and I came out of graduate school with a good degree and $0 in student debt (My parents paid for my undergrad, I paid for my grad school, my wife paid for both undergrad and grad herself). While in graduate school we even managed to save some money so when we graduated in early 2002, we already had a networth close to 57K before even getting a real job. After graduation we saved: 23K in 2002, 26K in 2003, 41K in 2004, 32K in 2005 (we both lost our jobs that year and had to relocate), 41K in 2006 and we are on schedule for our best saving year so far, 48K for 2007.
That adds up to $260K. I was confused until it occurred to me that the rest of the $420K that you mentioned probably came from good investments, and probably some appreciation of your house.
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