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» By what age should you have a 6 fig net worth
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post 1669347323 10-12-2022, 07:17 AM
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By what age should you have a 6 fig net worth

Title
post 1669347433 10-12-2022, 07:19 AM
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Originally Posted By Max7771
Title
Conservatively by 30. Thats if you are of decent intelligence and discipline. Ideally....10x that by 30.
post 1669347713 10-12-2022, 07:24 AM
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5 year olds are making millions from youtube, just lol if ur not making 100k as a fetus
post 1669348003 10-12-2022, 07:32 AM
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statistically if your not born rich your not gonna make it.
"We are as our thoughts have made us; So take care about what you think, Words are secondary , Thoughts live ; They travel far."
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post 1669348733 10-12-2022, 07:54 AM
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Depends on profession

If a computer science bro, you should aim for a year or 2 after you graduate IMO - factoring in wages earned while interning
Best lifts:
Bench press: 315x5
Squat: 465x1
Strict press: 205x5
Deadlift: 405x13 (conv tap'n'go with straps)
post 1669350133 10-12-2022, 08:24 AM
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Mid 20s to early 30s

If you don’t, you have a low IQ (srs)
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post 1669350393 10-12-2022, 08:27 AM
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30 for sure
post 1669350433 10-12-2022, 08:27 AM
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25 - been in tech since I was 22
ok
post 1669350893 10-12-2022, 08:36 AM
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Gonna be the contrarian one here. I'd say 30 is a good age, sure, but the one thing I know is that it's never enough, but I somehow find peace when I give more of it away. My G-d provides and I have more than enough. He's never failed me yet, and when I lean into irrational generosity my wealth, not necessarily my money, multiplies tenfold. Actually not really sure why I'm posting this because it feels braggy but the intention is to share and be happy and content.
Train hard, train smart, have fun!

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post 1669351083 10-12-2022, 08:40 AM
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Whhaaattttttt TF @ the answers ITT. Srs, vry srs. A six figure NW is incredibly simple. A 1MM NW should be attained at the latest at 30.
post 1669351113 10-12-2022, 08:41 AM
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Happened @ 27 or 28 for can't rem
post 1669351243 10-12-2022, 08:46 AM
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At 6 years old.
post 1669351323 10-12-2022, 08:47 AM
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Originally Posted By redraider86
Gonna be the contrarian one here. I'd say 30 is a good age, sure, but the one thing I know is that it's never enough, but I somehow find peace when I give more of it away. My G-d provides and I have more than enough. He's never failed me yet, and when I lean into irrational generosity my wealth, not necessarily my money, multiplies tenfold. Actually not really sure why I'm posting this because it feels braggy but the intention is to share and be happy and content.
I am aligned. Only difference in my perspective is giving time is more fulfilling for me than money. With giving money, you never know how its going to be used/managed. I manage my own time and choose what to do with it ie how productive or unproductive i am with it.
post 1669351513 10-12-2022, 08:50 AM
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So much of this earlier timeline stuff depends heavily on your parents and family situation, I don't know if any value is added by thinking about it

Someone born into a more affluent white collar family with professional parents, schooling on point, could be early 20s easily

You could have someone who is more intelligent, capable, disciplined, etc born into less fortunate circumstances and might not get there until their 30s
post 1669351523 10-12-2022, 08:51 AM
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Tbh, never, srs
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post 1669351633 10-12-2022, 08:54 AM
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Originally Posted By donblaximus
I am aligned. Only difference in my perspective is giving time is more fulfilling for me than money. With giving money, you never know how its going to be used/managed. I manage my own time and choose what to do with it ie how productive or unproductive i am with it.
I absolutely love this advice. I am very careful about where I give and have been disappointed in the past with where my tithes, specifically, have gone. Do you volunteer, or are there other ways you give your time? I try to sign up for a service position at least 3 times a week. It's only about an hour a time but it helps me step out of myself (I love me! Got to go focus on others!) and be useful for someone else.
Train hard, train smart, have fun!

"I'm not autistic- I'm ARTISTIC." - etet1919
post 1669352903 10-12-2022, 09:23 AM
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Achieved at 28, though most of the decade prior to, was spent thinking the current given year (at the time) would be my last - i.e., my decision making wasn't focussed on the future/long term, so I could have done it 1-2years earlier, comfortably.
Ain't nothin' like a Saturday night at Tyrone's
post 1669353033 10-12-2022, 09:26 AM
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I got mine at 32, and went up rapidly after that.
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post 1669353123 10-12-2022, 09:28 AM
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If you aren't born into wealth I have some bad news.
post 1669353643 10-12-2022, 09:38 AM
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  1. donblaximus
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Originally Posted By redraider86
I absolutely love this advice. I am very careful about where I give and have been disappointed in the past with where my tithes, specifically, have gone. Do you volunteer, or are there other ways you give your time? I try to sign up for a service position at least 3 times a week. It's only about an hour a time but it helps me step out of myself (I love me! Got to go focus on others!) and be useful for someone else.
I do a a combination of things. I volunteer some time at a youth center in my old neighborhood. I dont like the way its run but its better than nothing (doesnt hold the kids accountable). My dream is to open my own youth center one day in that neighborhood and use my network of people to help instill different things that they are good at (finances, different sports, mental coaching, arts etc) At that place I volunteer on the arts sessions. I was a graduate of the high school for performing and visual arts with top honors and in another life i could have been a famous artistI love working with kids on art as there is no right or wrong answer.

I also spend time with the little ones at my kid's BJJ gym. I like to invest in the kids that are less athletically talented and help them with technique so they can still have confidence on the mats even though they might be slower, not as strong, etc. That is outside my helping my own kids as they train at different times.

During the holidays, I take the kids to volunteer at the food banks. We help make, serve and clean up. They get to go outside of their bubble and understand what life is like for other people. They also learn to appreciate communicating with people from all different walks of life. As they get older we can start volunteering with the programs that help build and update housing for the underpriveleged. Working with your hands is a primal thing i believe all kids should have access to.

I have received positive comments from other parents, family members, coaches, etc about how my kids are engaging and fun to talk to. I tell them it takes being focused on the conversation, being a good listener and asking questions that they genuinely care about and i believe they pick these things up in different environments that they get placed in (BJJ mats, family, mentoring from colleagues, volunteering etc)
post 1669353843 10-12-2022, 09:42 AM
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I own nothing and I’ve never been happier. Brb, going to make me a maggot sandwich.
post 1669353873 10-12-2022, 09:43 AM
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Originally Posted By redraider86
I absolutely love this advice. I am very careful about where I give and have been disappointed in the past with where my tithes, specifically, have gone. Do you volunteer, or are there other ways you give your time? I try to sign up for a service position at least 3 times a week. It's only about an hour a time but it helps me step out of myself (I love me! Got to go focus on others!) and be useful for someone else.
This is great. My only problem with volunteering time is that the volunteer opportunities are usually only on the weekdays.

To OPs question I think early 30s, you should buy a house and put some cash away, 401k, etc. If you're not wasting cash and being frugal you'll naturally build a net worth, it might not be liquid but you'll hit 6 figures without much difficulty.
IC XC NIKA
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post 1669353983 10-12-2022, 09:46 AM
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Originally Posted By TallTigerTwo
I own nothing and I’ve never been happier. Brb, going to make me a maggot sandwich.
I know you are probably half trolling but there is some truth to this. There is a cycle that i have seen on people who come from humble beginnings and start doing well. The first stop is building a foundation, then it morphs into climbing to the top of some mountain (from a business sense), then you start acquiring material items to show you have made it to some level, but then at some point you realize that stuff is not as important as you think it was and you stop worrying about those things. At least that was my journey. I am at the inflection point where I stopped wearing any of my nice watches, stopped wearing any nice clothes for work, didnt build a bigger house, stopped driving the fancy cars (haven't sold them but its up for debate) and started focusing more on things that money cant buy.
post 1669354203 10-12-2022, 09:51 AM
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25-30 if you were born in the 1970s

Goodluck if you were born in the 90s
Losers let it happen, winners make it happen.

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post 1669354353 10-12-2022, 09:54 AM
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Strong delusion and e-stating ITT. The average American has a negative net worth, because they're drowning in debt. Also if you “own” a house and are paying a mortgage, your house doesn’t take part of your net worth. You subtract ALL debts.

I’d honestly say 50-60 to be fair, if achieved younger you’re doing a great job. (Ded fkn Srs)

Edit: Nvm for some reason I interpreted it as a million dollar net worth. I’d probably say around 30-35.
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post 1669354503 10-12-2022, 09:57 AM
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Originally Posted By ToxMasculinity
Strong delusion and e-stating ITT. The average American has a negative net worth, because they're drowning in debt. Also if you “own” a house and are paying a mortgage, your house doesn’t take part of your net worth. You subtract ALL debts.

I’d honestly say 50-60 to be fair, if achieved younger you’re doing a great job. (Ded fkn Srs)
The average person is also overweight, in debt to their eyeballs and one cheeseburger away from a heart attack. If you are going for "average" like those other areas stated then sure.....but I wouldnt gauge on average......
post 1669354603 10-12-2022, 09:58 AM
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Originally Posted By ToxMasculinity
Strong delusion and e-stating ITT. The average American has a negative net worth, because they're drowning in debt. Also if you “own” a house and are paying a mortgage, your house doesn’t take part of your net worth. You subtract ALL debts.

I’d honestly say 50-60 to be fair, if achieved younger you’re doing a great job. (Ded fkn Srs)
LOL @ 50-60. Just LOL!!! Also just imagine paying a mortgage on your primary or multiple rental residences.
post 1669354763 10-12-2022, 10:00 AM
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imo and ima be generous here. six figs by 30 million by 40
post 1669355023 10-12-2022, 10:04 AM
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Originally Posted By tripod29
LOL @ 50-60. Just LOL!!! Also just imagine paying a mortgage on your primary or multiple rental residences.
You own your investment properties free and clear? Why?!?!
post 1669355143 10-12-2022, 10:07 AM
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#30
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Seems accurate:

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