Net worth includes all assets such as house, 401k ...
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- This is like asking if you have been working for less or more than 4 years...
- 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!
- Almost halfway there! Just gotta keep working, working, working... once I reach $2.5M I can retire.
- What an interesting little thread my comment has spawned.
It’s true my retirement goal (targeting age 42, currently 28) doesn’t include wife and kids.
I’m not sure if I’ll ever get married, I’m honestly content being single - not sure about kids. Maybe one day I’ll adopt or take on foster kids.
Either way “retirement” for me just means leaving tech and doing something chill with significantly lower pay. Maybe also spend time working on writing books or maybe art.