NW crossed a million

[engprodigy]

Thanks all for the congrats and the tips on bridging the gap until 59.5.

Time to start running lots of calcs on retiring at 45

 

[SJ1_]

Spreadsheet reads $1,000,944.10.

A substantial 401k deposit should happen any day which will provide a decent buffer, but I imagine I'll get to cross it a few more times in the near term.

FWIW, the timeline to this point:

July '05: ~0
Nov '09: NW 108k
Nov '13: NW 504k
Sept '17: NW 1mil
.

wow that's great

took u 4 yrs. to get 1st 100k
next 4 yrs u added 400k
next 4 yrs u added 500k

that's a great trend esp. for ur age

 

[B0bL0blaw]

Spreadsheet reads $1,000,944.10.

A substantial 401k deposit should happen any day which will provide a decent buffer, but I imagine I'll get to cross it a few more times in the near term.

FWIW, the timeline to this point:

July '05: ~0
Nov '09: NW 108k
Nov '13: NW 504k
Sept '17: NW 1mil

I'm 35 so it's a good start but honestly it was quite anticlimactic especially since 401k is nearly half and it can't be touched for another 20-25 years and the after tax amount isn't close to bridging that gap, retirement isn't imminent.

I suppose next milestone is investments passing $1mil, as currently they are only 780k of the total.

As another 35 year old, let me just say well done! I am a few years behind you, currently with about $700k NW and $500k investments. I hope to be at your station ($1M NW with ~$750k investments) by age 38. But you've put even that to shame! I'm impressed.

 

[engprodigy]

As another 35 year old, let me just say well done! I am a few years behind you, currently with about $700k NW and $500k investments. I hope to be at your station ($1M NW with ~$750k investments) by age 38. But you've put even that to shame! I'm impressed.

Thanks.

Looking back at my spreadsheet, Oct '15, basically two years ago was when my NW first crossed $700k, so that's definitely achievable.