What is your net worth? I'm excited to reach zero!

[Anonymous]

Anonymous wrote:After the house loan and the practice loan and the office condo loan and the car loans and the school loans, I'm now at -1000000. I was at -2500000 six years ago. Getting there and hope to someday soon be in your shoes op.

Not quite as bad here, but similar. It'll pay off one day soon!

[Anonymous]

Anonymous wrote:You have a higher net worth than the average NFL player - not a bad place to start from! Go you.

Our is $600k - keep saving - it keeps growing very quickly - every year I look back to see what it was the previous year and I am surprised it grows so fast.

Not OP
How long would it take to get from $0 to $600k for the average professional
(range of time) - understand it depends on many factors.

[Anonymous]

[quote=Anonymous][quote=Anonymous]$3.1 million (but I remember when I hit zero - congratulations!!!).[/quote]

+1. I'm not at the $3.1 level, but the most important step of all is going from negative to positive net worth. Congrats! [/quote]

Whoa! I'm not even in the upper brackets yet myself, but I echo the congratulations!

[Anonymous]

^average professional couple.

[Anonymous]

Anonymous wrote:You have a higher net worth than the average NFL player - not a bad place to start from! Go you.

Our is $600k - keep saving - it keeps growing very quickly - every year I look back to see what it was the previous year and I am surprised it grows so fast.

I remember being at $1M in 2008. Maybe you read about what happened next.

[Anonymous]

about 400k, we've been working for ~ 10 yrs out of college. Housing market screwed us.... Most of that is retirement funds.

[Anonymous]

$520k. 8 years ago I was at -50k.

[Anonymous]

Anonymous wrote:about 400k, we've been working for ~ 10 yrs out of college. Housing market screwed us.... Most of that is retirement funds.

That's a lot in retirement funds for only 10 years.

[Anonymous]

Anonymous wrote:

Anonymous wrote:You have a higher net worth than the average NFL player - not a bad place to start from! Go you.

Our is $600k - keep saving - it keeps growing very quickly - every year I look back to see what it was the previous year and I am surprised it grows so fast.

I remember being at $1M in 2008. Maybe you read about what happened next.

Yes, and I also remember it going back up. If you had kept putting money in you would have made out well.

[Anonymous]

~1.9M. Out of college for 20 years and we got luckyish with the housing market. It's going up fast now though.

[Anonymous]

do you factor in your house loan in the net worth?

[Anonymous]

$750K. But none of it is liquid and we have horrible cash flow, like a previous PP said. It's weird to have nearly a million in the bank and feel broke. But I'm grateful we can pay the bills and have savings.

[Anonymous]

Anonymous wrote:$750K. But none of it is liquid and we have horrible cash flow, like a previous PP said. It's weird to have nearly a million in the bank and feel broke. But I'm grateful we can pay the bills and have savings.

It's in the bank, but not liquid?

[Anonymous]

Anonymous wrote:do you factor in your house loan in the net worth?

Yes, mortgage debt goes into the calculation of net worth.

[Anonymous]

About 750 but with very little debt. It will change when we buy a home.