re: Net Worth at 30

I actually feel pretty good with things using this formula (and there are a lot of years going into that multiplier). Since I seem to be one of the oldest ones on here, let me say to the younger ones to just start with good habits and keep it continuous. My ex and I both went to college but never finished. We were both blessed with parents that taught us to manage our money well and we have over the years. He made fairly good money and I managed it well for him. We always lived below our means, invested in real estate and the stock market. Always paid cash for cars, boats, vacations. We have had very nice homes but not as expensive as we could have afforded - I was happier with a nice home and having income producing properties. In the end, youngest will graduate in December, they are both just about on their own and doing well. I really could care less about a big house but I do enjoy having a lot of freedom in my life to be able to work as I please and do the things I enjoy. BTW, take much care in choosing your spouse and treat them with the care they deserve - biggest hit to your wealth is a divorce. And quite honestly, ours was absolutely as amicable as any could have possibly been.