Just calculated my NW and it's abysmal. Here's some background, M32 HW eng Ms + 6yoe moved from MCoL - low TC job to HCoL - medium TC job Single soon to be married, (spouse won't earn for next couple of years) Cash : 162k Stocks: 123k Retirement: 82k Car : -40k Nw : 327k I see folks my age amassed 1M+ NW. Given bay area coast of living and slow pace growth at 🍎 especially with stock down this year.I don't see clear path to increase NW and live comfortably while working. Any tips/ advice from millionaire folks on blind? Tc : 190k 📉📉📉 H1b/indian: if that matters
How did you manage to save that much cash?
Just kept adding to high yield savings account pretty frequently
Holding that much cash is one of your biggest issues. If you don’t need that cash for specific reason, it’ll grow much quicker in market in something that h has decent returns plus pays some type of dividends and set it to just reinvest the dividends
Chill! Same age & ethnicity mine is 70k that too in retirement fund and -30 on car
Same here, half his nw and 32
Keep buying cars you can't afford...
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It takes awhile to gain momentum. Max out your 401k. Invest the 162k (maybe leave a small amount in cash for rainy day). You are probably doing pretty good, you are pretty far from retirement so you have time.
I am really bad at active investment, lost around 17k in options over last few years ...any robo advisor recommendations?
Do m1 finance, set pie to VOO or VTI and forget it. No need of roboadvisors
If only it was a race. Chill out dude. Be happy with what you have!
Increase TC is the way. Fastest way is to jump ship. Try to land a company with underpriced stock and good pay.
Yeah maybe, i need to stay atleast 1yr at apple.
Why you have a nw of a 24 year old while working at Apple. What a failure
Jfc stfu - this is why people hate entitled techies. Zero perspective
who cares, are you happy? nw is meaningless
Mostly, i can afford things now. But in future maybe not???
Can you afford a gf?