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Forum » At what age should your net worth be the following:
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Thread: At what age should your net worth be the following:

post 1660089083 04-22-2022, 12:49 PM
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Originally Posted By Destor⏩
Sounds like a good stretch goal in that I don't know if this would be achievable for the majority of people coming out of that situation and with parents who aren't also functioning at a high level professionally/financially

I didn't even fully appreciate long-term consequences etc until I was 25, and then it was like a switch flipped in my brain. People who come from affluent white-collar families, have the correct influences early in life around this stuff, they can likely get the ball rolling more quickly and have a better shot at this


Don't even necessarily need an inheritance, but having parents and family who work as professionals and understand business/finance would be a huge advantage here in terms of getting you started down the correct path earlier in life
I agree 100%. My parents weren't rich materialistically (refugees from war) but they were rich minded. They taught me the value of long term planning, compounding results over time, deferred gratification etc. So when I got my first job I already understood the value of qualified accounts, etc.

With my kids I am taking it to the next level. No need to wait until you are out of university. I already pay them for work they do and they are able to contribute to their own accounts. But they have to actually put in the work.

And its all about planting seeds of possibilities early. My kids receive birthday money, new years money, etc from family. The eldest (8 year old) chooses to spend a little and tuck away the rest in his green light account (investments) and he also said he is saving for his vending machine so he can look to place it either in his BJJ gym that he trains at or the private gym down the road that we train at.

My 6 year old still wants to buy pokemon cards so I am hoping a switch flips in his head sooner or later
post 1660090963 04-22-2022, 01:29 PM
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Originally Posted By meanstringbean⏩
Lol misc e statting


Will say some of the numbers presented here are possible, but I have friends in IB on Wall Street and don’t have the net worth numbers here (500k in 20s). Sure the tech numbers are possible but lol at 2k a month in that scenario. If you’re FAANG and living in California that isn’t happening.


It “could” but most likely won’t.


IMO a great stretch goal is 1M by 40. This was made in the white coat investor - a financial books for doctors. If that’s a good mid life net worth goal for a physician it’s good enough for me
This.





MISC is sad these days. Most of us are at a rational age where these numbers are absolutely laughable when over 75%+ of the country can even afford 1 surprise expense without bankruptcy.... so that fact some are still putting this chite up in this forum is just sad.














These are sane, rational numbers for standard US citizens in standard cost of living areas. SRS


• 20-28- $50K w/ normal job, no outstanding debts.

• 30-35- $ 100K Normal family/mortgage/car payments

• 40-50- $200k Close to retirement with no major health issues, mortgage paid off or almost paid off

• 50-65- $400K Retired, house paid off, portfolio had time to accrue compound interest.






All these numbers are given no significant windfalls, health expenses, ECT. Just normal rational, statistically significant numbers.





MISC is wack A/F with the number iTT SRS
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post 1660096893 04-22-2022, 03:21 PM
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Originally Posted By Luc1fer⏩
I dun goofed. Didn't start investing until ~30yo. I think the younger generation has easier access now to invest.
I started 401K with my company day 1 at 23. Don't wonders. And then just saved everything else. I keep 10K in cash available, and whenever I get over 10K I deposit it into my other investing account with stonks.
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post 1660097503 04-22-2022, 03:32 PM
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Originally Posted By donblaximus⏩
I agree 100%. My parents weren't rich materialistically (refugees from war) but they were rich minded. They taught me the value of long term planning, compounding results over time, deferred gratification etc. So when I got my first job I already understood the value of qualified accounts, etc.

With my kids I am taking it to the next level. No need to wait until you are out of university. I already pay them for work they do and they are able to contribute to their own accounts. But they have to actually put in the work.

And its all about planting seeds of possibilities early. My kids receive birthday money, new years money, etc from family. The eldest (8 year old) chooses to spend a little and tuck away the rest in his green light account (investments) and he also said he is saving for his vending machine so he can look to place it either in his BJJ gym that he trains at or the private gym down the road that we train at.

My 6 year old still wants to buy pokemon cards so I am hoping a switch flips in his head sooner or later
Absolute legendary mindset. That's how a father should be, especially with knowing so much more about the world and how to make it these days (information so readily available). The general formula kids are given these days through the systems are to create broke slaves. Teaching them the skills and wherewithal to perceive and achieve is a compounding interest on life for kids.

What do you do for a living again?
post 1660098283 04-22-2022, 03:53 PM
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Much depends upon the inflation rate. With Biden's policies inflation has been at 40 year highs and getting worse.
post 1660098303 04-22-2022, 03:53 PM
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Originally Posted By meanstringbean⏩
100k -

200k -

500k -

1 M -

Multi M -
100k - 21 (assumes started working sales, coding, trading, etc. at 18 (lol at college))

200k - 22

500k - 25

1 M - 30

Multi M - 35 (having kids b/w 30-35 gonna slow you down, but assets and income start to snowball here)
post 1660099873 04-22-2022, 04:39 PM
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Originally Posted By Masterchieffer⏩
100k - 21 (assumes started working sales, coding, trading, etc. at 18 (lol at college))

200k - 22

500k - 25

1 M - 30

Multi M - 35 (having kids b/w 30-35 gonna slow you down, but assets and income start to snowball here)
This

if you really want to make it
milestone is 1M before 30
No glow No go crew
post 1660100743 04-22-2022, 04:57 PM
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Numbers are basically meaningless.

Depends on a number of factors and your personal situation.

Personally, I dont need a ton of money to be happy. I dont have any credit card, student or car debt so that alone gives me a lot of comfort. If i work its only like 6 months now and again. Enough to boost back up the bank account so I can do what I want after that. Plus I dont get good jobs, just call centers and stuff like that. meaningless stuff thats low stress.

Spend time paying your bills off and not striving to buy more crap then the next guy and you will be a lot happier in the end.
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post 1660101153 04-22-2022, 05:07 PM
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Originally Posted By isawthesign⏩
No way you're putting away 250k 2 years after graduation nor 500k at 3.5 years. even with FAANG level salaries
People on here are delusional about income and savings. Most people in America make 35K a year and spend every penny of it, plus run up credit cards just to survive.

A 30 year old with 1/4 million in the bank and no debt is like top 0.001 percent.

I make 75K a year, have no real debt, about 30K in guns and ammo and a couple of paid off old cars. I know I’m a lot better off than most people my age
post 1660101183 04-22-2022, 05:08 PM
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If you aren't 1m net worth by 25 I'd just sui and hope reincarnation is real so you can start again srs
post 1660101213 04-22-2022, 05:08 PM
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Originally Posted By meanstringbean⏩
100k -

200k -

500k -

1 M -

Multi M -
Shouldn't you know?
post 1660171553 04-24-2022, 06:40 AM
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Originally Posted By DeadlyStriker⏩
Absolute legendary mindset. That's how a father should be, especially with knowing so much more about the world and how to make it these days (information so readily available). The general formula kids are given these days through the systems are to create broke slaves. Teaching them the skills and wherewithal to perceive and achieve is a compounding interest on life for kids.

What do you do for a living again?
Appreciate it bro. I always had the belief that my children never chose to be put on this earth, my wife and I chose to have children. For that, I feel I need to do my best to set them up with a foundation they can build upon.

I am ultimately in tech (my main rev stream and passion) but have invested in other interest in a more passive manner.
post 1660171663 04-24-2022, 06:45 AM
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Originally Posted By crupiea⏩
Numbers are basically meaningless.

Depends on a number of factors and your personal situation.

Personally, I dont need a ton of money to be happy. I dont have any credit card, student or car debt so that alone gives me a lot of comfort. If i work its only like 6 months now and again. Enough to boost back up the bank account so I can do what I want after that. Plus I dont get good jobs, just call centers and stuff like that. meaningless stuff thats low stress.

Spend time paying your bills off and not striving to buy more crap then the next guy and you will be a lot happier in the end.
I repsect your position and i am glad that makes you happy. I also believe there isnt one "formula" as everyone is different. I am from the camp that time is more precious than money. With that......I choose to try to make as much as possible with the least amount of work over time. Typically that means putting a bunch of time and thought into something up front and reaping the benefits later.

Per your example......sitting in a call center to make ends meat to me would be a not so great situation. In that scenario I would be trading my time doing something mundane (not growing) in exchange for paper dollars that are being diluted. I would much rather work my ass off on something I enjoy, create a revenue stream from it, then care and feed it from wherever I choose to be (with my kids, home office, out fishing, etc)
post 1660171773 04-24-2022, 06:48 AM
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Originally Posted By FastBack6⏩
People on here are delusional about income and savings. Most people in America make 35K a year and spend every penny of it, plus run up credit cards just to survive.

A 30 year old with 1/4 million in the bank and no debt is like top 0.001 percent.

I make 75K a year, have no real debt, about 30K in guns and ammo and a couple of paid off old cars. I know I’m a lot better off than most people my age
The problem here is some people are talking about stretch goals and some people are talking about the average.
I am speaking on stretch goals. There really is no sense in speaking on average......just google those numbers if those make anyone feel better relatively.
But also google how fat the average American is as well.

$250k at 30 is nothing to scoff at but trust me, its not some great accomplishment. My 8 year old is more than 1/3 of the way there on his own savings and investment.....not mentioning his 529 (that I fund).

Accumulation and investment mindset needs to start the minute you make your first dollar. Not at 23 when you get your first cubicle job.
post 1660180213 04-24-2022, 10:06 AM
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ITT poorcels are SEETHING and TRYING to cope with the black pill reality that they're nothing but POOR wage cuck debtslave middle class plebs getting railed by the overlords

>lol.

DED fooking SRS.
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