Looking for a reality check and some inspiration.
I always had the aspiration of hitting the infamous seven digit portfolio by 40, and now I’ve done it at 39 ahead of schedule. I’m extremely thankful and happy, but wondering what happens next.
• How did your net worth trajectory look afterward?
• Did you stay the course or shift strategies?
• What would you tell your 40‑year‑old self?
I’m thinking for my next goal: to have an inflation corrected $2.5M, which will be all I need to retire. I’m hoping to achieve that in the next 10 years. Would love to overshoot that goal though.
To investors who crossed the $1M mark around the age of 40. How’s life?
byu/Ok_Maize1933 ininvesting
Posted by Ok_Maize1933
4 Comments
Still grinding.
Remember health care in your retirement COL calcs, that shit ain’t cheap.
We live life like our income was half what it is. That’s the best way to get ahead, live significantly below your means.
The thing that changes is how much you think about tax efficiency.
Life is pretty good 👍
+20% in a year is suddenly more than I earn, and you become more aware that contributions mean less and less. When my annual contributions become less than a 2% impact on my overall portfolio I’ll just stop completely.
Never cut down the money trees.