Share your FIRE Milestones - 2013- 2020

[refi]

Hit $3M NW!!! Can't tell anybody else. Let's see if I can stay above the mark with current market stability.

[ugeauxgirl]

Congratulations- That's a big one! It's nice to be able to tell someone about financial successes. I love that about this forum.

[moneymaker]

Hit $1 million in Net worth yesterday.

I include all investment accounts, taxable and retirement; and Real estate equity.
Accounts: $463k
RE equity: $539k (primary and 2 rentals)

I actually feel like I have less money and just want more and more now! I think because bigger things and experiences feel more attainable now!

We are 37 with two girls- 10 and 7
Eligible for military pension at 44. I’m proud of where we are!

[Extra Medium]

Quote:

Originally Posted by moneymaker Hit $1 million in Net worth yesterday. I include all investment accounts, taxable and retirement; and Real estate equity. Accounts: $463k RE equity: $539k (primary and 2 rentals) I actually feel like I have less money and just want more and more now! I think because bigger things and experiences feel more attainable now! We are 37 with two girls- 10 and 7 Eligible for military pension at 44. I’m proud of where we are!

Way to go, what a great milestone!

[refi]

Quote:

Originally Posted by ugeauxgirl Congratulations- That's a big one! It's nice to be able to tell someone about financial successes. I love that about this forum.

thanks! and yes, absolutely! even if it's with random strangers on the internet

some random thoughts, some probably obvious:
- $2m --> $3m was WAY easier than getting to $1m
- FIRE and $ isn't everything; re-focus on priorities
- Enjoy the ride and smell the roses

[street]

I have no idea when I hit milestones of 1,2 or 3 million. I never dwelled on it or even thought about it. I can say now, they come faster and easier with little effort and I know when I reach them now.

[L Carlisle]

Working the last 4 graveyard shifts EVER... Finally retirement is VERY NEAR.

[lem1955]

Thanks to the great education I received from Burton Malkiel - A Random Walk Down Wall Street back in the early 1980's, Roger Gibson - Asset Allocation- Balancing Financial Risk, and the smart people on this blog I retired in 2015 with $1.7M saved. Since then, I've taken an average 5.2% from retirement assets each year and my portfolio has increased to $2.05M. I'm confident that I am still within a SWR because I am delaying taking SS to age 70, I will inherit a private real estate partnership paying a monthly annuity-like disbursement, and maybe an additional $500K too (not counting on that). I feel very fortunate to be getting off personal health insurance (no ACA subsidy) in May and onto Medicare + PlanN, no mortgage and paying down a small HELOC, good health, happy marriage. And now I have to say kinehora twice to keep away the evil eye.

[Jerseytunahunter]

Quote:

Originally Posted by street I have no idea when I hit milestones of 1,2 or 3 million. I never dwelled on it or even thought about it. I can say now, they come faster and easier with little effort and I know when I reach them now.

Me too! I always worked and planned to build wealth but never tracked it until FIRE was part of our dinner conversation.

[COcheesehead]

I had a line of credit for my business and the lender required a personal financial statement every year, so I was forced into tracking my assets. I kept all those records. Looking back at them now is kind of fun.

[427Vette]

Like mentioned above it feels good to tell someone of your financial gains but its not something to bring up with all of your friends. Anyway, our Fidelity account hit 3 million yesterday. It was the elusive number that I was trying to get to for what seems like an eternity. Now that I have made it seems a little anticlimactic. Hopefully I can start the FIRE process more comfortably now. Thanks to the forum for the knowledge I have attained here.

[Markola]

Quote:

Originally Posted by 427Vette Like mentioned above it feels good to tell someone of your financial gains but its not something to bring up with all of your friends. Anyway, our Fidelity account hit 3 million yesterday. It was the elusive number that I was trying to get to for what seems like an eternity. Now that I have made it seems a little anticlimactic. Hopefully I can start the FIRE process more comfortably now. Thanks to the forum for the knowledge I have attained here.

Congratulations! $3 million. Wow. You are so right about not bringing up this particular kind of huge achievement with friends. I made that mistake once and learned quickly that it is just not helpful to friendships and becomes a barrier to them, unfortunately. You seem to have the importance of money put in its proper place.

[Dtail]

Quote:

Originally Posted by Markola Congratulations! $3 million. Wow. You are so right about not bringing up this particular kind of huge achievement with friends. I made that mistake once and learned quickly that it is just not helpful to friendships and becomes a barrier to them, unfortunately. You seem to have the importance of money put in its proper place.

+1
Made that mistake once and still hear about it. Never again, except the internet. lol

[ugeauxgirl]

Quote:

Originally Posted by 427Vette Like mentioned above it feels good to tell someone of your financial gains but its not something to bring up with all of your friends. Anyway, our Fidelity account hit 3 million yesterday. It was the elusive number that I was trying to get to for what seems like an eternity. Now that I have made it seems a little anticlimactic. Hopefully I can start the FIRE process more comfortably now. Thanks to the forum for the knowledge I have attained here.

3 million- awesome!

[COcheesehead]

Quote:

Originally Posted by 427Vette Like mentioned above it feels good to tell someone of your financial gains but its not something to bring up with all of your friends. Anyway, our Fidelity account hit 3 million yesterday. It was the elusive number that I was trying to get to for what seems like an eternity. Now that I have made it seems a little anticlimactic. Hopefully I can start the FIRE process more comfortably now. Thanks to the forum for the knowledge I have attained here.

My older brother asked me once how I could retire so early and did I really have enough money. So I told him how much we have. He got real quiet. So it’s hard to talk about financial success with your own family.

[Yoheadden]

Quote:

Originally Posted by moneymaker Hit $1 million in Net worth yesterday. I include all investment accounts, taxable and retirement; and Real estate equity. Accounts: $463k RE equity: $539k (primary and 2 rentals) I actually feel like I have less money and just want more and more now! I think because bigger things and experiences feel more attainable now! We are 37 with two girls- 10 and 7 Eligible for military pension at 44. I’m proud of where we are!

Thank you for your service and congrats. It is a nice feeling to call yourself a millionaire:-}
Keep it simple and keep plugging away. We are savers so it kind of becomes addicting to watch your funds grow. Semper Fi

[Yoheadden]

Quote:

Originally Posted by COcheesehead My older brother asked me once how I could retire so early and did I really have enough money. So I told him how much we have. He got real quiet. So it’s hard to talk about financial success with your own family.

Similar situation happen here with a family member. We had just passed 1 million in Vanguard accounts when during a drive home from dinner, they asked if we were millionaires. I just said maaybeee, & it got awkwardly quiet. Lol

[Jerseytunahunter]

Quote:

Originally Posted by Yoheadden Similar situation happen here with a family member. We had just passed 1 million in Vanguard accounts when during a drive home from dinner, they asked if we were millionaires. I just said maaybeee, & it got awkwardly quiet. Lol

Agreed. This has been a topic of conversation with our close friends and family. Some are FIRE, some still working. It amazes me to hear how little some of them have saved after a lifetime of working w/ 2 salaries. My wife and I are very careful with how much we divulge so as not to make it awkward.

[Downtown]

Quote:

Originally Posted by Downtown Net worth finally crested $2M today. My wife and I are both age 49, so feel good about hitting a major milestone earlier rather than later. We'll keep working several more years then take advantage of semi-retirement by age 55. Definitely a sense of satisfaction getting to this point!

That was originally posted 4/17/2014.

A quick update. Our net worth passed $4M today. Incredible! We are very grateful for our good fortune.

[ugeauxgirl]

Quote:

Originally Posted by Downtown That was originally posted 4/17/2014. A quick update. Our net worth passed $4M today. Incredible! We are very grateful for our good fortune.

Congratulations! Y'all retired yet?