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View Poll Results: At what age did your NW hit $1 M?
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under 25
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1 |
0.29% |
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26-30
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7 |
2.01% |
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31-35
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34 |
9.74% |
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36-40
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63 |
18.05% |
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41-45
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88 |
25.21% |
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46-50
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60 |
17.19% |
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51-55
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66 |
18.91% |
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56-60
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20 |
5.73% |
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over 60
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10 |
2.87% |
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11-04-2014, 04:52 PM
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#21
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gone traveling
Join Date: Oct 2007
Posts: 1,135
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maybe a parallel question - how many years ago did you hit $1m.
Someone who hit $1m at age 40...who is now age 75...is a heck of a lot different than someone who hit their first $1M last week...
The value of a buck just ain't what it used to be......
I hit mine on paper at age 32 around the turn of the century...that dot com thing worked for a while...then suddenly it didnt work...then finally clawed back, then 2008 ... it's been an interesting run.
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11-04-2014, 05:02 PM
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#22
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Recycles dryer sheets
Join Date: Dec 2011
Location: Chicago area
Posts: 431
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38 for net worth, 40 for investable assets.
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11-04-2014, 05:03 PM
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#23
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Dryer sheet aficionado
Join Date: Mar 2011
Location: New York
Posts: 44
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38 (in 2007)
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11-04-2014, 05:17 PM
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#24
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Recycles dryer sheets
Join Date: Apr 2014
Posts: 70
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29 in 2011
Sent from my iPhone using Early Retirement Forum
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11-04-2014, 05:29 PM
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#25
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Recycles dryer sheets
Join Date: Aug 2013
Posts: 275
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I crossed the $1M mark in invested portfolio at age 36 in Feb'2000. Hit $1.6M in Aug'2000 all due to company stock options that were exercisable at the time. Enter the tech bubble burst  . Did not cross the $1M mark again until age 42 and stayed above $1M from then on...... Wish I would have pulled he trigger on those stock options at the time. I was so concern about the tax hit... Hind sight is 20/20....
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11-04-2014, 05:44 PM
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#26
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2006
Posts: 7,693
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I am pretty sure I hit the $1 million mark in 1995 which would have made me 35 or 36 depend on when during the year I hit it.
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11-04-2014, 05:46 PM
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#27
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Recycles dryer sheets
Join Date: Nov 2010
Location: va
Posts: 73
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Hit it last year at age 43. I started with almost zero in 1997. It took 15 years to reach a Mil mark. some lucky decisions along the way. Now it's $1.2M last check. WOW, the snow ball is gaining momentum. It gets to the point where my money makes more than me now. Any one feel that way?
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11-04-2014, 06:02 PM
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#28
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Recycles dryer sheets
Join Date: Aug 2009
Location: Vancouver/Gulf Islands/Baja
Posts: 479
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35. Didn't ER until I hit 2M.
__________________
Retired at 42... the world is my oyster, and I am now in the process of shucking the hell out of it.
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11-04-2014, 06:11 PM
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#29
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Location: South central PA
Posts: 3,217
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49
Sent from my iPhone using Early Retirement Forum
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11-04-2014, 06:17 PM
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#30
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Full time employment: Posting here.
Join Date: May 2011
Posts: 873
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54
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11-04-2014, 06:29 PM
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#31
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Dryer sheet aficionado
Join Date: Jun 2011
Location: The mountain west
Posts: 35
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About a month ago, just a few days before I turned 58...better late than never!!
__________________
If you want to go fast, go alone
If you want to go far, go together
~African proverb
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11-04-2014, 06:33 PM
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#32
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Full time employment: Posting here.
Join Date: Mar 2011
Posts: 534
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I know the exact date. I was 31.
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11-04-2014, 06:41 PM
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#33
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Gone but not forgotten
Join Date: Jul 2012
Location: Peru
Posts: 6,335
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Never made it, but could maybe qualify with inflation adjusted numbers from 1992, three years after we retired. 
86 responses... wow!
Poverty has its' own rewards, or, as we used to tell Franchise applicants...
"Never pay income taxes again."
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11-04-2014, 07:18 PM
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#34
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Recycles dryer sheets
Join Date: Aug 2014
Posts: 120
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52 including tax differed, 53 1M tax differed (at .2M cost basis) + .3M after tax w/o home equity
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11-04-2014, 07:32 PM
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#35
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Thinks s/he gets paid by the post
Join Date: Aug 2011
Posts: 3,325
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Age 42 for DW and myself in 2007.
(exclusive of residence)
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11-04-2014, 08:01 PM
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#36
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jul 2008
Posts: 34,855
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For me, it was at around 40.
But, but, but a $1M then was worth $1.5M now. 
__________________
"Old age is the most unexpected of all things that happen to a man" -- Leon Trotsky (1879-1940)
"Those Who Can Make You Believe Absurdities Can Make You Commit Atrocities" - Voltaire (1694-1778)
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11-04-2014, 08:38 PM
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#37
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Nov 2007
Posts: 7,746
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32. March of 2013.
Almost half way to the next million milestone now.
__________________
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).
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Age when you became a millionaire
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11-04-2014, 08:52 PM
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#38
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Full time employment: Posting here.
Join Date: Apr 2006
Posts: 876
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Age when you became a millionaire
I think age 45.
Sent from my iPhone using Early Retirement Forum
__________________
"Tell me, what is it you plan to do with your one wild and precious life?" - Mary Oliver
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11-04-2014, 09:02 PM
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#39
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Recycles dryer sheets
Join Date: Jul 2013
Location: Cocoa Beach
Posts: 414
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Mine would have been in 2010 at age of 43 for first million (single).
Then went above $2M in 2012 (married).
Currently $3M (married with retirement house bought).
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11-04-2014, 09:17 PM
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#40
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Location: Williston, FL
Posts: 3,925
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If you are married, do not forget to divide it by two...
I was filling out a mortgage application, and the NW statement showed $1.1M based on a conservative estimate of property values. Since then, about 3 years later, it has exceeded $2.3M.
I hit investable assets over $1M this year, at age 54, but I have since used some of it to pay off a mortgage. I should hit it again within 6 months.
__________________
FIRE no later than 7/5/2016 at 56 (done), securing '16 401K match (done), getting '15 401K match (done), LTI Bonus (done), Perf bonus (done), maxing out 401K (done), picking up 1,000 hours to get another year of pension (done), July 1st benefits (vacation day, healthcare) (done), July 4th holiday. 0 days left. (done) OFFICIALLY RETIRED 7/5/2016!!
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