Has anyone reached a €1M net worth purely through salary, saving, and passive investing?
I’m curious if anyone here has personally reached, or knows someone who has reached, around a €1 million net worth while being a regular employee the whole time, no business ownership, inheritance, or lucky crypto gains.
I’m referring more to the classic approach: good salaries, consistent saving over many years, and relatively conservative investing through ETFs, government bonds, index funds, maybe some gradual real estate investing.
Online, it often looks very achievable in theory if you invest consistently for long enough, but I’m curious how many real-life examples actually exist, especially in Eastern Europe. How long did it take, what income level did you have, and how much of the result came from salary growth versus investment returns?