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ยป How much have you accumulated in savings and retirement accounts?
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post 1536133941 11-30-2017, 01:31 PM
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#301
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Originally Posted By Bar182
Not actively adding to my retirement account as I think either 1. It won't exist by the time I can access the funds or 2. The age to be able to access it will be raised so high I will die before accessing.
Afraid the entire United States infrastructure will collapse by then? (or where ever you are located)
post 1536135941 11-30-2017, 01:51 PM
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#302
  1. DatFeelGuy
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Originally Posted By JoshSP1985
Age 32 64k which is a little above average for my peer group according to JP morgan, I also have an ESOP worth over 20 so when that's factored in very well compared to peers def top percentile. I'll be ramping up contributions a lot once kids get out of daycare that's another 16k a year liquid. Oh and Wife has like 24k in her 403B
You think you're in the top percentile for your age group with a net worth of 84k? You're about 850k short for 30-34 age group unless you have some serious assets you aren't listing.
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post 1536136051 11-30-2017, 01:52 PM
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#303
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Originally Posted By DatFeelGuy
You think you're in the top percentile for your age group with a net worth of 84k? You're about 850k short for 30-34 age group unless you have some serious assets you aren't listing.
That was for 401k balances per JP morgan for the 30-39 age group

Also calling MASSIVE BS on the 30-34 year old having a net worth of 900k+ unless you're talking top 1%


Edit: Checked again that was compared to other people with a 50-75k salary so not all age group.
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post 1536136351 11-30-2017, 01:56 PM
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#304
  1. MetroBrah
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Originally Posted By DatFeelGuy
You think you're in the top percentile for your age group with a net worth of 84k? You're about 850k short for 30-34 age group unless you have some serious assets you aren't listing.
Originally Posted By JoshSP1985
That was for 401k balances per JP morgan for the 30-39 age group

Also calling MASSIVE BS on the "average" 30-34 year old having a net worth of 900k+
this
post 1536136391 11-30-2017, 01:56 PM
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#305
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Also if anyone wants to compare themselves to average net worth

AGE RANGE NET WORTH
35 to 44 years old $45,740
45 to 54 years old $100,404
55 to 64 years old $164,498
65 to 69 years old $193,833
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post 1536136471 11-30-2017, 01:57 PM
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#306
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Originally Posted By JoshSP1985
That was for 401k balances per JP morgan for the 30-39 age group

Also calling MASSIVE BS on the 30-34 year old having a net worth of 900k+ unless you're talking top 1%


Edit: Checked again that was compared to other people with a 50-75k salary so not all age group.
Yes I am talking top 1%. That is what "top percentile" means.
Work hard
Enjoy yourself
Do the right thing
Compound your interest
post 1536136571 11-30-2017, 01:58 PM
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#307
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Originally Posted By JoshSP1985
Age 32 64k which is a little above average for my peer group according to JP morgan, I also have an ESOP worth over 20 so when that's factored in very well compared to peersdef top percentile. I'll be ramping up contributions a lot once kids get out of daycare that's another 16k a year liquid. Oh and Wife has like 24k in her 403B
see above
Work hard
Enjoy yourself
Do the right thing
Compound your interest
post 1536137281 11-30-2017, 02:06 PM
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#308
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Originally Posted By MetroBrah




this
Reading comprehension...not even once
Work hard
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post 1536137681 11-30-2017, 02:09 PM
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#309
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Originally Posted By DatFeelGuy
Yes I am talking top 1%. That is what "top percentile" means.
/concede

originally I was thinking about percentiles related to a similar salary not full pop.
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post 1536137781 11-30-2017, 02:11 PM
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#310
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Originally Posted By JoshSP1985
/concede

originally I was thinking about percentiles related to a similar salary not full pop.
mirin humility. You're still doing great it sounds like. gjdm
Work hard
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post 1536138071 11-30-2017, 02:14 PM
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#311
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Originally Posted By SuperHercules
Restaurants, bars, and liquor stores have accumulated the majority of my savings
Nice portfolio
Work hard
Enjoy yourself
Do the right thing
Compound your interest
post 1536138171 11-30-2017, 02:15 PM
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#312
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Originally Posted By DatFeelGuy
mirin humility. You're still doing great it sounds like. gjdm
Should get a bump to 80 around year end so that'll help too
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post 1536138251 11-30-2017, 02:16 PM
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#313
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UK brahs might be interested in a thread I made herehttps://forum.obnoxiousbrutes.com/showt...hp?t=175051411when it comes to investing in P2P loans. I've been getting solid returns up to 14%
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post 1536140071 11-30-2017, 02:34 PM
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#314
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Originally Posted By .aeterna
Is this real life
Yeah my friend convinced me this will be the next big thing and to buy some and I was like lol whatever so i put in a $100 and bought 50 thinking if they went up to $6 a coin id make 200 bucks and id be the smartest 17yr old ever. I ended up forgetting about them for a few years until they really spiked in 2013 and thought this is cool, so i checked them from time to time over the years to see how the price is going until recently when it exploded. Might cash out soon
post 1536168311 11-30-2017, 07:30 PM
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#315
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I pay into a rediculously expensive government pension so any "savings" I have on top of that goes into my side gig. Currently worth about 100k with like 60k in the pension and 2k in the bank.

I have only started up a TSFA recently because of the misc. Was putting all my money into my unstable business but recently started investing.
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post 1536168861 11-30-2017, 07:35 PM
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#316
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Originally Posted By DatFeelGuy
You think you're in the top percentile for your age group with a net worth of 84k? You're about 850k short for 30-34 age group unless you have some serious assets you aren't listing.
Not really. There's a lot of articles saying if you're 18 (as in no debt) and have $1 then you're richer than like 40% of American people.

People on this thread may have some retirement assets but it likely pales against their massive mortgage or student loan debt.
post 1536169321 11-30-2017, 07:39 PM
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#317
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post 1536169781 11-30-2017, 07:44 PM
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#318
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Originally Posted By DoYouEvenNEM
Not really. There's a lot of articles saying if you're 18 (as in no debt) and have $1 then you're richer than like 40% of American people.

People on this thread may have some retirement assets but it likely pales against their massive mortgage or student loan debt.
Pretty broad brush you are painting with
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