Just broke the $5 million net worth milestone after working 24 long years after college. Currently 47M. Dual income with two kids in college. Felt Financially Independent since 2019.
The first $2 million was really hard (took ~18 years). The remaining $3 million was pretty easy and quick (~6 years).
The breakdown:
$4.0 million in retirement accounts -- mostly Pretax.
$600k brokerage
$100k HSA
$300k home value
*Ignoring other material stuff and the kids 529 funds.
Our annual income is $240k. Annual living expenses about $35k. Oklahoma is very low cost.
Debt free since age 31. My main career before was Software Engineering and wife is a Physician Assistant. Both of us have 4 years of college and was raised pretty poor. submitted by /u/Sea-Investigator1558
[link] [comments]
The first $2 million was really hard (took ~18 years). The remaining $3 million was pretty easy and quick (~6 years).
The breakdown:
$4.0 million in retirement accounts -- mostly Pretax.
$600k brokerage
$100k HSA
$300k home value
*Ignoring other material stuff and the kids 529 funds.
Our annual income is $240k. Annual living expenses about $35k. Oklahoma is very low cost.
Debt free since age 31. My main career before was Software Engineering and wife is a Physician Assistant. Both of us have 4 years of college and was raised pretty poor. submitted by /u/Sea-Investigator1558
[link] [comments]