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09-04-2020, 07:57 AM
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#41
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Full time employment: Posting here.
Join Date: May 2017
Posts: 802
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Quote:
Originally Posted by cyber888
Congrats, it probably went down a bit today with the Dow and Nasdaq losing 3% - 4%. But no worries.
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Yep, that was short lived!
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09-04-2020, 11:06 AM
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#42
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Full time employment: Posting here.
Join Date: Sep 2006
Location: SoCal
Posts: 928
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No worries, you’ll just get another opportunity to celebrate again when it crosses that threshold again.
__________________
I can't complain, but sometimes I still do.
- Joe Walsh
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09-04-2020, 11:36 AM
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#43
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2007
Location: New Orleans
Posts: 47,500
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Small milestone - $2M
Hey, that's not a small milestone! To me that makes you the rich guy on the forum. And yesterday was just one day.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
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09-08-2020, 03:45 PM
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#44
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Confused about dryer sheets
Join Date: May 2019
Posts: 4
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I was inches away from this milestone, before the plunging of September 3rd, 4th, and 8th....
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09-08-2020, 03:54 PM
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#45
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Thinks s/he gets paid by the post
Join Date: Aug 2017
Posts: 2,109
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As someone who has not hit 2M and won't it seems pretty great to me!
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09-08-2020, 04:18 PM
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#46
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Recycles dryer sheets
Join Date: May 2014
Location: Pontiac
Posts: 101
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Great accomplishment!
__________________
Happily retired since Spring 2018!
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09-08-2020, 05:38 PM
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#47
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Recycles dryer sheets
Join Date: Aug 2013
Location: Pebble Beach & Cocoa Beach
Posts: 354
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Good job. Hope the next mil comes quick.
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09-08-2020, 08:05 PM
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#48
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Recycles dryer sheets
Join Date: Jan 2013
Posts: 313
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Congratulations! Well done! The next $1M will be even easier.
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09-08-2020, 09:34 PM
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#49
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Recycles dryer sheets
Join Date: Nov 2017
Posts: 343
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Quote:
Originally Posted by brokrken
So, this morning when I updated my spreadsheets, as I do every morning (I know, I'm obsessed) I noticed that for the first time ever that our net worth (not including real estate) passed the $2M mark. We've been able to put this together mostly over the last 10 years. The plan is to tack $1M more on in the next 5 and then RE right as my daughter is graduating high school (529 should come very close to covering the bulk of her higher ed). Or, we will at least head south to better weather and the mountains. I guess if my company made me an offer I couldn't refuse, I'd hang around for a bit longer. But, at that point, it would be purely my choice.
Anyway, I can attribute much of this progress to the wise tutelage I received from many of you folks. So, I thought I'd share.
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Only in America would someone consider that a small milestone. That puts you in what, the top 5 pct of all Americans? Congrats though.
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09-08-2020, 09:51 PM
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#50
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Thinks s/he gets paid by the post
Join Date: Oct 2012
Location: Reno
Posts: 1,338
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No small milestone.
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09-08-2020, 09:55 PM
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#51
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Recycles dryer sheets
Join Date: Jan 2012
Posts: 63
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Quote:
Originally Posted by brokrken
So, this morning when I updated my spreadsheets, as I do every morning (I know, I'm obsessed) I noticed that for the first time ever that our net worth (not including real estate) passed the $2M mark. We've been able to put this together mostly over the last 10 years. The plan is to tack $1M more on in the next 5 and then RE right as my daughter is graduating high school (529 should come very close to covering the bulk of her higher ed). Or, we will at least head south to better weather and the mountains. I guess if my company made me an offer I couldn't refuse, I'd hang around for a bit longer. But, at that point, it would be purely my choice.
Anyway, I can attribute much of this progress to the wise tutelage I received from many of you folks. So, I thought I'd share.
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Congrats! I had this milestone 2 week ago but after recent sell-off I'm back
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09-08-2020, 10:35 PM
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#52
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2014
Location: Spending the Kids Inheritance and living in Chicago
Posts: 17,094
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Happens to a lot of milestones.
Good news is you get to celebrate that milestone again ..
__________________
Fortune favors the prepared mind. ... Louis Pasteur
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09-09-2020, 05:55 AM
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#53
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Recycles dryer sheets
Join Date: Jan 2008
Posts: 397
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Congrats overachiever!
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09-09-2020, 07:53 AM
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#54
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Recycles dryer sheets
Join Date: Jan 2008
Posts: 328
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Congrats!
Although, if I had $3M today, I could literally retire and afford to pay for housing, food, some kid's college expenses, vehicle expenses, etc. for the rest of my life.
__________________
Primary title "chief moron"
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09-09-2020, 08:07 AM
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#55
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Full time employment: Posting here.
Join Date: May 2017
Posts: 802
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Quote:
Originally Posted by myself
Congrats!
Although, if I had $3M today, I could literally retire and afford to pay for housing, food, some kid's college expenses, vehicle expenses, etc. for the rest of my life.
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$3M yes, but I'm only at $2M so far!
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10-09-2020, 07:42 AM
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#56
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Full time employment: Posting here.
Join Date: May 2017
Posts: 802
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Took a little over a month, but finally eked back over the $2M mark. Let's try and stay at (or better yet, above) that mark this time.
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10-09-2020, 10:08 AM
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#57
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Recycles dryer sheets
Join Date: Sep 2006
Location: clearwater
Posts: 439
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Quote:
Originally Posted by haloFIRE
Well done! That is so far ahead of a small mile stone! Many never break 1M
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Most
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10-09-2020, 01:09 PM
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#58
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gone traveling
Join Date: Sep 2003
Location: DFW
Posts: 7,586
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That's a great milestone, congrats.
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10-09-2020, 01:38 PM
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#59
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Thinks s/he gets paid by the post
Join Date: Mar 2009
Posts: 2,985
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Humble brag aside, You're doing great! Let her ride. Congrats!
__________________
Took SS at 62 and hope I live long enough to regret the decision.
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10-10-2020, 11:03 AM
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#60
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Thinks s/he gets paid by the post
Join Date: May 2019
Posts: 2,818
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$2M sounds like a big milestone to me, but as many, I view that through my own perspective of being a single person, a paid off home, LCOL area, no kids. I'm not quite to $2M, but along with pension/retirement income, I already have more than enough for my situation to pay short and long term expenses and still have about $40K/yr in discretionary spending... just for me, so I don't really care about hitting $2M. I've already exceeded any amount I thought I would reach and could retire at anytime.
For a family as the OP, $2M may be a different situation. If the home is paid for and there's pension income, and in LCOL area, that's still pretty good. In a HCOL area, with a large amount still owed on the home, and no plans to move to a LCOL area, and no pension, $2M won't seem like so much.
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