For those of you have have made it to this milestone, how old were you when...

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$1M net worth mark in assets

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Well which is it you’re asking about? Assets? Or net worth?

Looking that it’ll be at 32 for me. Almost 32 and I’m close to 1M. I’m sure I’m going to be downvoted like crazy but it is what it is. I’m just answering the question. My first job out college I made 30k/year. Made that a few years then switched industries now averaging 150k. In reality your probably not going to find “average” on a money board.

Only child heir, so I guess birth. Although I'm not sure my folks' portfolio passed 1M until the mid 1980s or so. So maybe age 10.

On my own, I've dealt with every imaginable career setback, lost jobs, gig work, LLCs, jailed business partners, theft, fraud. You name it. However, my wife and I were probably closing in on 1M in total assets at least by our mid 40s, and we'll be there in just investments by our mid 50s.

For comparison, her parents are early 70s and just celebrated their portfolio going 7 figures. So, it takes some longer than others.

I am working on my fourth million right now











The first three didn’t work out

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my own, I've dealt with every imaginable career setback, lost jobs, gig work, LLCs, jailed business partners, theft, fraud. You name it. However, my wife and I were probably closing in on 1M in total assets at least by our mid 40s, and we'll be there in just investments by our mid 50s.

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Sounds a lot like my brother.
He isnt what i call a "saver" (home was in Atlanta, drives steve mcqueen's bullet, 3rd fiancee who is 20 years younger. But he has had an employer (he was minority owner) go belly up with fbi investigatuins. Faced a recent potential litigation which froze his paychecks for almost a year which wasnt his fault (claimant/customer was under investigation by both SEC and IRS), and just had to liquidate his home of 15 years. He makes twice what i do (is 2 years older) and is basically starting out fresh. With his new "free" lifestyle, he could hit $1M in 5 years based on his income if he continues to live like he is now.

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For comparison, her parents are early 70s and just celebrated their portfolio going 7 figures. So, it takes some longer than others

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Youve got to remember that their retirement goals were very different and under a different kind of dollar.
In 1970, a teenager would feel great about no debt and $20k/year as their retirement. That was the goal that they would draw up. By 1980, it may have been $50k/yr. By 1990, $85k/yr. The dream keeps getting higher and higher. It shouldnt be a surprise that they could be 25 years slower than us.

45, somewhere around $600k. I’d like to start buying properties and retire early

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When y’all say assets, you’re just counting equity in those right? Let’s say I have a $300k house with $150k in equity, you’re including that $150k in equity in your assets?

If the market doesn't take a massive shite anytime soon I'll probably hit that in about 2 or 3 years. 3.50M for FI. Should hit in my mid 40s. 5.5-6.0M for RE. Hoping to RE around 52 or so.