If you’ve maxed 401k every year you’re probably at 1/4 million already. Home equity at a minimum 20% down on a 1 mil house brings that up to nearly 1/2 million. Any additional equity and investments should get you to 1 mil.
public2 I already asked in another comment and unfortunately didn’t get a reply (not that you owe me one). I am curious to hear your story, you define yourself as a baller and you wrote you are “filthy rich” just yesterday in a comment.
Can we know more about your age/career/story/net worth? Since you reply to each and every single post about compensation/net worth/... on blind, it would be useful to have some context in your story.
And I mean this in the most positive way, so I can constructively try to compare my current trajectory with yours and see if your comments are applicable to me. For example, if it turned out you just got lucky via a massive startup exit, you’d be an anomaly not worth listening to. If you built 10M+ equity with smart real estate investments, it would mean a different thing. If you are rich but 55yo another, etc.
Me: I’m 32, swe, liquid net worth 1.5M all in Vanguard index funds, achieved through savings and a small startup equity sale. Renter. No other investments beside Vanguard.
Did not say I was filthy rich :). Don't compare yourself to others and of course luck matters. I got lucky with a startup that was acquired by another company and then again by another company. I was lucky to have a friend get me into MSFT before anyone knew what it was and I was lucky to be able to buy seattle real estate when houses in bellevue cost tens of thousands of dollars. I am absolutely luckier than I am good however I have always invested heavily, bought individual stocks in high school and lived like a college student almost a decade so that I could buy investments. I love running businesses with friends. Most people hate my advice on blind but I enjoy it and spend a lot do time on blind while sitting on airplanes (like now). My advice is usually simple: spend less than you earn, find what you love to do, and make a lot of great friends. I do enjoy trying to help other make money and the amount of bad information out there is painful so I guess I do comment a lot since you can never help friends in real life. Good luck!