Hey everyone,
I’m 25 and sitting at around ~$600k nw rn. I’ve been investing consistently since I was 19 a lot of this has come from a high savings rate, starting early, and some initial help from family (small lump sum when I was younger) nothing too fancy, just consistency over time.
&&& recently maxed out my TFSA, along with contributing to other accounts.
For the past few years, I’ve been pretty aggressive with saving and investing prioritizing long term growth and financial independence. It’s worked well so far, but lately I’ve been questioning whether I should ease up a bit and enjoy more of my income, or keep pushing while I’m still early in my career.
I don’t have major liabilities (live at home w parents, no mortgage, parents helped out with school fees) and my income is stable. I value financial security a lot, but I also don’t want to look back and feel like I was overly restrictive in my 20s.
For those further along:
When did you start easing off (if you did)?
Did you regret either staying aggressive too long or loosening up too early?
How did you find your balance?
Would really appreciate hearing different perspectives.