Join Early Retirement Today
Reply
 
Thread Tools Display Modes
Old 05-16-2017, 09:03 AM   #21
Thinks s/he gets paid by the post
 
Join Date: Oct 2006
Posts: 4,629
Quote:
Originally Posted by ndnguy822000 View Post
What is your net worth for persons in their 30-40? I am 35 and have about 155k in a 401k, 19k in a Roth, 420k in real estate and a few cars worth about 25k. Overall probably around 550k total net worth.
Without looking it up, I'll guess that $550,000 puts you the in the top 1% of net worth for single people in their 30's.
Independent is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 05-16-2017, 09:09 AM   #22
Recycles dryer sheets
 
Join Date: May 2017
Posts: 85
Quote:
Originally Posted by Independent View Post
Without looking it up, I'll guess that $550,000 puts you the in the top 1% of net worth for single people in their 30's.


Sweet! I don't want to work forever so that's good to hear. Guess I'm not doing too bad for a cable guy. It's all about savings vs spending .
ndnguy822000 is offline   Reply With Quote
Net worth 30-40 year olds
Old 05-16-2017, 09:17 AM   #23
Thinks s/he gets paid by the post
 
Join Date: Jun 2014
Posts: 1,069
Net worth 30-40 year olds

With house, about 500 at 35. Now turning 39 at about 1 million. So yeah, it speeds up and thats nice to look forward too. (100% stock)
dallas27 is offline   Reply With Quote
Old 05-16-2017, 09:26 AM   #24
Moderator Emeritus
 
Join Date: May 2007
Posts: 12,895
My individual NW passed the $1M mark around my mid-30s.
FIREd is online now   Reply With Quote
Old 05-16-2017, 09:34 AM   #25
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Jun 2005
Posts: 10,252
An inflation calculator: Inflation Calculator | Find US Dollar's Value from 1913-2017

For some of the old folks on this forum, a net worth of $500,000 back whenever is like a net worth of $1,000,000 today.
LOL! is offline   Reply With Quote
Old 05-16-2017, 09:36 AM   #26
Recycles dryer sheets
 
Join Date: May 2017
Posts: 85
Quote:
Originally Posted by dallas27 View Post
With house, about 500 at 35. Now turning 39 at about 1 million. So yeah, it speeds up and thats nice to look forward too. (100% stock)


Great work!!!
ndnguy822000 is offline   Reply With Quote
Old 05-16-2017, 09:37 AM   #27
Recycles dryer sheets
 
Join Date: May 2017
Posts: 85
Quote:
Originally Posted by FIREd View Post
My individual NW passed the $1M mark around my mid-30s.


AmAzing !!![emoji847]
ndnguy822000 is offline   Reply With Quote
Old 05-16-2017, 09:46 AM   #28
Full time employment: Posting here.
 
Join Date: Nov 2015
Posts: 661
These net worth threads really have very little meaning unless someone wants to give you their entire life story.

If you have someone who is 39 and someone who is 32...and they both have $1,000,000...you would think the 32 year olds NW is more impressive. But if the 32 year old has been making $200,000 since late 20's and the 39 year old is only making $50,000...now the 39 year old reaching 1MM is much more impressive. The 39 year old is making 4x less...yet was able to reach that mark...just sayin.
ponyboy is offline   Reply With Quote
Old 05-16-2017, 10:24 AM   #29
Recycles dryer sheets
 
Join Date: May 2017
Posts: 85
Quote:
Originally Posted by ponyboy View Post
These net worth threads really have very little meaning unless someone wants to give you their entire life story.



If you have someone who is 39 and someone who is 32...and they both have $1,000,000...you would think the 32 year olds NW is more impressive. But if the 32 year old has been making $200,000 since late 20's and the 39 year old is only making $50,000...now the 39 year old reaching 1MM is much more impressive. The 39 year old is making 4x less...yet was able to reach that mark...just sayin.


What if the 32 year old was only averaging 45k per year and saved most of what he made and when economy was down he was putting 25% plus company match in his retirement . Everyone is unique and handles Monet differently but I understand your point. Btw i was that 32 year old
ndnguy822000 is offline   Reply With Quote
Old 05-16-2017, 10:51 AM   #30
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Mar 2003
Posts: 18,085
What is the point of these wiener comparison threads?
__________________
"All animals are equal, but some animals are more equal than others."

- George Orwell

Ezekiel 23:20
brewer12345 is offline   Reply With Quote
Old 05-16-2017, 10:57 AM   #31
Thinks s/he gets paid by the post
Just_Steve's Avatar
 
Join Date: Apr 2016
Location: Dutchess County
Posts: 1,599
When I was 30 I didn't have two nickels to rub together but still managed to bail out of the rat race at 55.
Just_Steve is offline   Reply With Quote
Old 05-16-2017, 11:00 AM   #32
Recycles dryer sheets
 
Join Date: Oct 2015
Location: Indiana/Florida
Posts: 318
Quote:
Originally Posted by brewer12345 View Post
What is the point of these wiener comparison threads?
Too see who's wiener is closest to the electric fence?
bigcmagor is offline   Reply With Quote
Old 05-16-2017, 11:04 AM   #33
Recycles dryer sheets
 
Join Date: May 2017
Posts: 85
The point is to kinda get an idea of how we are doing. You sound pessimistic but to some of us it's motivational. I plan on getting to I mil and then start giving money away to people who truly need it to survive.
ndnguy822000 is offline   Reply With Quote
Old 05-16-2017, 11:14 AM   #34
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: May 2005
Location: Lawn chair in Texas
Posts: 14,183
Quote:
Originally Posted by brewer12345 View Post
What is the point of these wiener comparison threads?

You said "weiner", heh heh... [/Beavis]

At 30, my NW was negative. At 40, maybe $100k.
__________________
Have Funds, Will Retire

...not doing anything of true substance...
HFWR is offline   Reply With Quote
Old 05-16-2017, 11:14 AM   #35
Thinks s/he gets paid by the post
 
Join Date: May 2014
Location: Utrecht
Posts: 2,650
37ish, hovering somewhat north of $800k since a few years. Quit the day job in 2012, reduced/stopped accumulating since.

Focus is on fun now, now trying to set up a new venture (I swear, last one I'll try ..).
Totoro is offline   Reply With Quote
Old 05-16-2017, 12:09 PM   #36
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Nov 2007
Posts: 7,746
36. Between DW and me, we have $1.8 million or so. Paid off $150k+ house plus $1.7 million invested mostly in equities.
__________________
Retired in 2013 at age 33. Keeping busy reading, blogging, relaxing, gaming, and enjoying the outdoors with my wife and 3 kids (8, 13, and 15).
FUEGO is offline   Reply With Quote
Old 05-16-2017, 01:07 PM   #37
Recycles dryer sheets
 
Join Date: May 2017
Posts: 85
Quote:
Originally Posted by FUEGO View Post
36. Between DW and me, we have $1.8 million or so. Paid off $150k+ house plus $1.7 million invested mostly in equities.


Damn great job man , impressive [emoji123][emoji847]
ndnguy822000 is offline   Reply With Quote
Old 05-16-2017, 01:20 PM   #38
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Nov 2007
Posts: 7,746
Quote:
Originally Posted by ndnguy822000 View Post
Damn great job man , impressive [emoji123][emoji847]
Thanks. I feel like a million bucks. Plus change.
__________________
Retired in 2013 at age 33. Keeping busy reading, blogging, relaxing, gaming, and enjoying the outdoors with my wife and 3 kids (8, 13, and 15).
FUEGO is offline   Reply With Quote
Old 05-16-2017, 01:27 PM   #39
Moderator
Walt34's Avatar
 
Join Date: Dec 2007
Location: Eastern WV Panhandle
Posts: 25,302
Because of the divorce and then buying a house, at 35 I was up to my eyeballs in debt. Fifteen years later it was all paid off and we had about $30k in savings and I think $95K in a 457 account, and DW had about $68k in a TSP. We feel fortunate to have the COLA'd pension plan that is virtually extinct by now.
__________________
When I was a kid I wanted to be older. This is not what I expected.
Walt34 is offline   Reply With Quote
Old 05-16-2017, 01:34 PM   #40
Recycles dryer sheets
 
Join Date: May 2015
Posts: 67
I'm 34, wife is 32. Combined net worth is $895k today. $250k of that is in a paid off house.
orangehairfella is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Are 25-35 year olds feeling discouraged yet? soupcxan Young Dreamers 85 06-12-2009 11:10 PM
1 Of 2 93-Year-Olds Charged In Manatee County Sex Sting Wags Other topics 18 03-28-2008 06:23 PM
OK, How Many 5 Year Olds Could You Take In A Fight poboy Other topics 24 12-25-2007 07:45 PM

» Quick Links

 
All times are GMT -6. The time now is 08:39 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2024, vBulletin Solutions, Inc.