Milestone: Hit seven figures in retirement savings

[Anonymous]

Anonymous wrote:My husband did this in his early 30s. But good for you! You are getting there.

Seriously?! You do realize your what the world calls a Debbie downer? Why do you feel the need to put op down?!

Congrats, op!!! Amazing accomplishment of dedication and looking long!

[Anonymous]

Anonymous wrote:

Anonymous wrote:My husband did this in his early 30s. But good for you! You are getting there.

Seriously?! You do realize your what the world calls a Debbie downer? Why do you feel the need to put op down?!

Congrats, op!!! Amazing accomplishment of dedication and looking long!

*You’re

[Anonymous]

Anonymous wrote:Congrats. I did this in my early 20s inside a Roth IRA. Picked the right stock at the right time. Uncle Sam won’t be getting a dime.

I'll encourage my kids to take bigger risks in their Roth IRAs and try to get one set up for them as soon as they have a job. There's no denying that the early bird wins.

[Anonymous]

Congrats! I'm 35 and a little over halfway there. I would be thrilled to be there in my early 40s.

[Anonymous]

Anonymous wrote:

Anonymous wrote:My husband did this in his early 30s. But good for you! You are getting there.

lol. Your husband did. Not you. Loser. OP is way ahead of YOU.

+1

[Anonymous]

Lovely. We reached it at 50. Now at 60, we are at 2M. It is a wonderful feeling.

Not counting our home, jewelry, cars, inheritance or social security.

Done with college for both kids, their weddings, their new cars, seed money for them when they started college, professional wardrobe, set up first apartment. We have a generous pension as well. Won't have to touch our retirement savings.

[Anonymous]

Anonymous wrote:Lovely. We reached it at 50. Now at 60, we are at 2M. It is a wonderful feeling.

Not counting our home, jewelry, cars, inheritance or social security.

Done with college for both kids, their weddings, their new cars, seed money for them when they started college, professional wardrobe, set up first apartment. We have a generous pension as well. Won't have to touch our retirement savings.

Oh. Also, I am a SAHM. So, DH and I did very good.

[Anonymous]

Anonymous wrote:Lovely. We reached it at 50. Now at 60, we are at 2M. It is a wonderful feeling.

Not counting our home, jewelry, cars, inheritance or social security.

Done with college for both kids, their weddings, their new cars, seed money for them when they started college, professional wardrobe, set up first apartment. We have a generous pension as well. Won't have to touch our retirement savings.

Wow. You’ve really spoiled your kids. I guess some kids will never have to earn anything. Hope they appreciate it.

[Anonymous]

Anonymous wrote:My husband did this in his early 30s. But good for you! You are getting there.

Your husband? What about YOU?

[Anonymous]

Anonymous wrote:Lovely. We reached it at 50. Now at 60, we are at 2M. It is a wonderful feeling.

Not counting our home, jewelry, cars, inheritance or social security.

Done with college for both kids, their weddings, their new cars, seed money for them when they started college, professional wardrobe, set up first apartment. We have a generous pension as well. Won't have to touch our retirement savings.

We did even better and bought both our kids vacation homes in both Tahoe and Boca. That should help them get on their feet .

[Anonymous]

Anonymous wrote:

Anonymous wrote:My husband did this in his early 30s. But good for you! You are getting there.

And you? Nothing?

DH and I also hit this milestone- were equals.

Exactly. The pp will eventually find out a man is not a plan 😂

[Anonymous]

Anonymous wrote:Lovely. We reached it at 50. Now at 60, we are at 2M. It is a wonderful feeling.

Not counting our home, jewelry, cars, inheritance or social security.

Done with college for both kids, their weddings, their new cars, seed money for them when they started college, professional wardrobe, set up first apartment. We have a generous pension as well. Won't have to touch our retirement savings.

OP here. You will eventually have RMDs, though... My kids are young and in school, so I still have more work to do, though I consider their 529 plans close to fully funded ($550k between the two). I am not sure I will have enough to help them outside of college as much as you helped your kids - that was very generous! I hope a fully funded education, a decent car, and maybe a $10k allocation per kid for their wedding is enough. I hope to retire early, so my primary focus for the next 5 years will be to keep saving as much as possible in my brokerage account. The law is a grind.

[Anonymous]

Anonymous wrote:

Anonymous wrote:My husband did this in his early 30s. But good for you! You are getting there.

Not a race pp

well, no, it is not a race, but having accomplished it at a younger age is surely advantageous!

[Anonymous]

My wife is the real winner in this race. She put $22,000 in her 401k and now worth 1.2 million.

Matched in company stock that is up massive over time.

[Anonymous]

Anonymous wrote:My husband did this in his early 30s. But good for you! You are getting there.

You sound fun.