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Old 09-04-2020, 07:57 AM   #41
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Congrats, it probably went down a bit today with the Dow and Nasdaq losing 3% - 4%. But no worries.
Yep, that was short lived!
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Old 09-04-2020, 11:06 AM   #42
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Yep, that was short lived!
No worries, you’ll just get another opportunity to celebrate again when it crosses that threshold again.

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Small milestone - $2M
Old 09-04-2020, 11:36 AM   #43
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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.
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Old 09-08-2020, 03:45 PM   #44
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I was inches away from this milestone, before the plunging of September 3rd, 4th, and 8th....
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Old 09-08-2020, 03:54 PM   #45
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As someone who has not hit 2M and won't it seems pretty great to me!
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Old 09-08-2020, 04:18 PM   #46
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Great accomplishment!
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Old 09-08-2020, 05:38 PM   #47
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Good job. Hope the next mil comes quick.
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Old 09-08-2020, 08:05 PM   #48
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Congratulations! Well done! The next $1M will be even easier.
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Old 09-08-2020, 09:34 PM   #49
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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.
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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Old 09-08-2020, 09:51 PM   #50
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No small milestone.
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Old 09-08-2020, 09:55 PM   #51
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Originally Posted by brokrken View Post
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.
Congrats! I had this milestone 2 week ago but after recent sell-off I'm back
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Old 09-08-2020, 10:35 PM   #52
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Yep, that was short lived!
Happens to a lot of milestones.

Good news is you get to celebrate that milestone again ..
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Old 09-09-2020, 05:55 AM   #53
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Congrats overachiever!
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Old 09-09-2020, 07:53 AM   #54
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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.
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Old 09-09-2020, 08:07 AM   #55
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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.
$3M yes, but I'm only at $2M so far!
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Old 10-09-2020, 07:42 AM   #56
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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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Old 10-09-2020, 10:08 AM   #57
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Well done! That is so far ahead of a small mile stone! Many never break 1M
Most

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Old 10-09-2020, 01:09 PM   #58
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That's a great milestone, congrats.
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Old 10-09-2020, 01:38 PM   #59
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Humble brag aside, You're doing great! Let her ride. Congrats!
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Old 10-10-2020, 11:03 AM   #60
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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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