Later in life yes. Early on I had salaries of $18,000, $25,000, $32,000. We always saved no matter what we made. I finally saved enough to start a business. Same thing happened there. First year made $32,000, but that is where things really started to change. My income went to $60k, $80k, $120k, $180k...things topped out around $300k, but it took a looooooooong time to get there. I also bought a commercial building and the equity in that has gone up about 8x -10x.
The markets helped a lot too. I was nearly 100% equities for much of my life. Only in the last few years have I taken some off the table moving into more income generating investments.
Retirement at age 57 happens July 10th of this year.
It’s been a wild ride, but I am ready for the next adventure.
Thanks for asking.