daystar
Recycles dryer sheets
With the latest upswing in the S&P 500, I reached $1,006,000 in net worth this month. My previous milestones were:
$100,000 in March 2003
$250,000 in December 2006
$500,000 in November 2011
$750,000 in March 2014
I graduated college in 2002 and got my first full-time job working for the Federal government in February 2003. I've been working for the government ever since. My starting salary was $32,000 in 2003 and is currently at $107,000. I am 37 years old.
The first $100,000 in net worth was due to stock gifts that my grandma had given to me during the 80's and 90's when I was growing up. For the most part, I haven't sold any of those stocks. I also received $153,000 in cash gifts from my parents from 2003 to 2016, which I haven't spent.
I would estimate that on my own, I saved and invested $600,000 from my job and the other $400,000 comes from the gifts I have received plus earnings on those gifts.
$100,000 in March 2003
$250,000 in December 2006
$500,000 in November 2011
$750,000 in March 2014
I graduated college in 2002 and got my first full-time job working for the Federal government in February 2003. I've been working for the government ever since. My starting salary was $32,000 in 2003 and is currently at $107,000. I am 37 years old.
The first $100,000 in net worth was due to stock gifts that my grandma had given to me during the 80's and 90's when I was growing up. For the most part, I haven't sold any of those stocks. I also received $153,000 in cash gifts from my parents from 2003 to 2016, which I haven't spent.
I would estimate that on my own, I saved and invested $600,000 from my job and the other $400,000 comes from the gifts I have received plus earnings on those gifts.