At what NW would you stop grinding and start coasting?

Assume you live in an HCOL area with a family (spouse + 1-2 kids) Follow up to https://www.teamblind.com/post/KOeKMMkQ #engineering #software #comp #networth

Poll

101 Participants

Select only one answer

1-2 million

2-3 million

3-4 million

4-5 million

5-7 million

7-10 million

10-15 million

15-20 million

20 million+

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ex-Cisco for_Bharat May 16

4-5 well invested is good enough

Stripe ftkq12 May 16

You can stop saving after about the $1m mark in your early 30s, and by the time you reach your 50s you can retire with ~$4m

I feel like these numbers really only apply if we’re talking about liquid net worth, ie money that’s NOT tied up in real estate.

Salesforce breeza May 16

Money doubles 7 years roughly, so this checks out. Tricky part is keeping all expenses and staying below means and not falling into hyper inflation

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