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honydonk · 09-21-2007, 03:45 PM

Hi,

I have been reading these forums from 1 week and now i am really tensed about our retirement and other financial aspects.

DW and myself have saved about 150k in taxable and around 70k in various tax defered accounts. I am self employed and hence 401k is less and taxable income is more.

I am 28 yrs and DW is 25 yrs old.

We have a mortgage on our house which we bought last year in the 500k range. Nowdays that is the norm. I am not sure when we will have a positive networth bcs its going to be a long time to have one with the current market.

How did other ppl manage to get a positive networth before 33 if someone graduates in the 25 yrs range . I cant seem to understand that and that is keeping me awake big time.

thanks
honkydonk

09-21-2007, 03:45 PM	#1
honydonk Dryer sheet wannabe Join Date: Sep 2007 Posts: 16	Hi, I have been reading these forums from 1 week and now i am really tensed about our retirement and other financial aspects. DW and myself have saved about 150k in taxable and around 70k in various tax defered accounts. I am self employed and hence 401k is less and taxable income is more. I am 28 yrs and DW is 25 yrs old. We have a mortgage on our house which we bought last year in the 500k range. Nowdays that is the norm. I am not sure when we will have a positive networth bcs its going to be a long time to have one with the current market. How did other ppl manage to get a positive networth before 33 if someone graduates in the 25 yrs range . I cant seem to understand that and that is keeping me awake big time. thanks honkydonk