About a year ago, I posted on here about reaching my first milestone after ten years of grinding.
1st milestone: 800k!
I thought it would take me two years to get to $1M but compound interest and the bull market shortened the time frame to less than 1 year. I have to admit the jump from 2023 to 2025 is shocking to me. 2025 has been a good year for me. I started investing more in myself but I’m still frugal with many things. Part of the high growth of my net worth comes from company stock. However, I’m not sure how to value that and I don’t count the unvested portion. I only count it when I vest and move it to an index fund.
My FIRE number is $10M, so I’ll probably still grind it out until then. I’m also not the type to retire early, but it’s nice to start saying no at work. I used to say Yes to everything, but this sub and movement made me confident in some ways.
Age/ Year / Income/ Net worth.
20 / 2015/ $26k / $10k.
21/ 2016/ $47k/ $20k.
22/ 2017/ $57k/ $40k.
23/ 2018/ $70k/ $80k.
24/ 2019/ $82k/ $130k.
25/ 2020/ $120k/ $180k.
26/ 2021/ $118k/ $310k (moved & pay cut).
27/ 2022/ $136k/ $340k.
28/2023/ $170k/ $500k.
29/ 2024/ $194k/ $800k.
30/ 2025/ $200k/ $1.1M
[new milestone] 30F, $800k to $1.1M in 1 year
byu/throwawayorder111 infinancialindependence
Posted by throwawayorder111
13 Comments
Frugal and needing 10M for retirement don’t go together.
Yeah, the market has been crazy good. I also hit 1 mill recently (I’m counting home equity) and I can barely believe it. Congratulations on all of your hard work and increasing your income and savings!
Well done
Why do you feel you need $10m to retire? You said you are frugal. Do you plan on ballin’ out once you retire?
How exactly did you do this? And what job do you do?
Do you work a commission based job?
Crazy. I’m making 290K and nowhere close to this. Congrats!
What stock you investing?
Go to r/FatFIRE if you really going for $10M
No offence to OP but posts like this are why I prefer r leanfire.
Congratulations and best wishes!
10M is kind of insane but it sounds like you’re starting to use what you’ve got for FI purposes so you do you. Rock on 🤘.
That’s a huge milestone. Congrats. Maybe I should have lead with that bit I’m too lazy to edit
What field? That’s insane salary growth.
How did you save $300k in 1 year on a $200k salary. Even if you had a 30% return on investments at $500k that would put you at $650k, and even if you had $0 in expenses you would have to save every dollar you earned to hit $800k. Are you just heavy into a few tech stocks?