My wife did private practice law (not her firm) for a couple years and quickly decided that's not the life she wanted. Switched to working for the city, 40 hours per week, 18 days paid vacation per year, no worky from home/weekends/evenings, pension that's a pretty good deal even if she doesn't work to full retirement age, etc. was an easy trade off.
How long did it take you to reach net worth milestones?
- Thread starter bank5
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Thanks all for the responses. Seeing how quickly people jump from one milestone to the next is definitely motivating and exciting for young dreamers like myself. It can a little while starting out but I think I'm getting closer to the snowball effect 
Thanks all for the responses. Seeing how quickly people jump from one milestone to the next is definitely motivating and exciting for young dreamers like myself. It can a little while starting out but I think I'm getting closer to the snowball effect
Good thread, and if it has helped motivate you, then even better - best of luck to you going forward.
Westernskies
Thinks s/he gets paid by the post
- Joined
- May 5, 2008
- Messages
- 3,864
My EW's divorce attorney was the first to point out that our net worth was over 1M.... My net worth was just under 500K a few months later...
My net worth was just under 500K a few months later...Interesting question.
I was given a nice push through an IPO when I was 32. That put me north of 1MM for the first time. (2001)
I hit 2MM briefly in 2002 due to the performance of that same stock, but it was short lived. I'm guessing I re-crossed the 2MM in 2003 or 2004, and crossed 4MM in 2007 or early 08. I dipped below 4 during the recent downturn but have since recovered.
I say I'm guessing because I'm away from my home computer and spreadsheets.
I was given a nice push through an IPO when I was 32. That put me north of 1MM for the first time. (2001)
I hit 2MM briefly in 2002 due to the performance of that same stock, but it was short lived. I'm guessing I re-crossed the 2MM in 2003 or 2004, and crossed 4MM in 2007 or early 08. I dipped below 4 during the recent downturn but have since recovered.
I say I'm guessing because I'm away from my home computer and spreadsheets.
Delawaredave5
Full time employment: Posting here.
- Joined
- Dec 22, 2004
- Messages
- 699
Years ago had young kids and a big job offer to consider with a lot of stress/travel. While driving to a meeting to give my answer on the offer, the song "Cats In The Cradle" played on the radio.
That made my mind up. Turned the job down. Spent last decade seeing kids nearly every day after school. Best move I never made....
Harry Chapin - Cats In The Cradle Lyrics
Great song and I've always tried to keep a good balance with travel but it can be hard at times. In the Winter of '88 I'd decided that the 2 year assignment I'd taken to the USA was wearing me out and that I wouldn't renew my option in a few months and stay on for another year. I said this to the kids at breakfast one morning (they were aged 8 & 6) and they were shocked - " but we love it here, we want to stay". DW said "but your Daddie is away from home half the time". "That's okay", they said, "we'll manage".
As it happens, 6 months later I found another assignment in the USA with MUCH less travel so we all ended up happy.
