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re: What’s your age and net worth?

Posted on 12/29/18 at 6:35 pm to
Posted by thelawnwranglers
Member since Sep 2007
38931 posts
Posted on 12/29/18 at 6:35 pm to
quote:


You have me scared now. Lol. I am at $240k at 31. Make about $80-90k/year. It's not even possible for me to get to $1 mil by 40, but I know I am well ahead of most.





Are you maxing employee match and getting close to $18k limit?

You are ahead of me at your age. Planning to buy a house?
Posted by rpg37
Ocean Springs, MS
Member since Sep 2008
48426 posts
Posted on 12/29/18 at 6:40 pm to
quote:

Are you maxing employee match and getting close to $18k limit?


I max my Roth. My PERS (teacher retirement in MS) is set automatically. It's maxed out but very conservatively. When I switched states I did a rollover of my years in TN to my Roth for a better return.

quote:

Planning to buy a house?


I own three places now. Two are cash-flowing and I live in my condo and about break even on it with Airbnb.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
124713 posts
Posted on 12/30/18 at 6:50 am to
quote:

Are you maxing employee match and getting close to $18k limit?

Yep. If he puts back $1500/mo with a match, and gets 7% ROI over 10yrs, he's at $1M at 41.
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