$3.5M Net Worth- I’m out at $4.0M
Did my weekly check-in and I crossed $3.5M net worth today. Once I cross $4.0M, I’m out of this rat race for good.
51M, $240K income, single and no kids
Had a bunch of good fortune along the way and some dumb mistakes:
Started saving into the 401(k) as soon as I got my full time job, putting away 12%/year the first five years and bumping it up every year. Averaged some 23% most of my working years. Last 5 years as I saw the finish line, it’s been 35%.
Lifestyle creep definitely happened but has mostly plateau the last 10 years.
Picked individual stocks for a lot longer than I needed to… made the journey a lot longer than it needed to be. If you’re young, this is an important one. Just go with index funds from the get go.
Still, very fortunate to be able to call it quits in 2-3 years at a relatively young age.