Anonymous wrote:
Anonymous wrote:
Anonymous wrote:25, my first year working, I broke $100K
26, I broke $200K
33, I broke $500K
34, I broke $750K
I own my own business. All figures are my gross take home, not company figures which are obviously at this point in the multi millions.
This may not be true.
I am the PP quoted. The figures are accurate. I went into a lucrative field, kept overhead low and lived below my means (in all fairness it wasn't hard to do- I was making $200K and my friends were all making a lot less). I took risks and tried new things. Some worked, some didn't. Those that didn't cost me a lot of money. I didn't let it deter me and kept trying new things. When something worked well I tried to scale it. In my personal life I took the money I made from the first business and put it into other ventures (my goal is to make enough passively to support my lifetstyle from passive income). Over 9 years it added up. I measure net worth by taking the total money incoming if I stopped working (I consider 4% return from brokerage and retirement accounts) and divide it by the amount outgoing. Currently I am at .83. Obviously I want to be at at least 1.00. When I have everything I want and have a figure over 1.00 I know I can retire.