If you have a net worth of 1.4 million at 44

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Does that include your home? If so, you need to aggressively save. No need for a financial advisor right now.

+1. If home asset is included you are really behind.

Behind whom? In what world? Are you delusional?

A few million doesn’t go far these days. $5M is somewhat comfortable but still need to work.

[Anonymous]

1.4 (including house) at 44 IS behind

[Anonymous]

By 45 my goal is $5M and we live pretty modestly

[Anonymous]

Anonymous wrote:By 45 my goal is $5M and we live pretty modestly

Ha, everyone knows a sensible goal is $100M by 45. Anything less is just a disappointment and will likely leave you relying on soup kitchens in your old age. My church provides food if you need help, which it sounds like you do…I’m so sorry for your situation.

[Anonymous]

Anonymous wrote:

Anonymous wrote:By 45 my goal is $5M and we live pretty modestly

Ha, everyone knows a sensible goal is $100M by 45. Anything less is just a disappointment and will likely leave you relying on soup kitchens in your old age. My church provides food if you need help, which it sounds like you do…I’m so sorry for your situation.

Free food always tastes the best

[Anonymous]

Anonymous wrote:By 45 my goal is $5M and we live pretty modestly

This is real

[Anonymous]

Anonymous wrote:1.4 (including house) at 44 IS behind

Behind what? It’s more than most people have at retirement age. You have no idea what OP’s situation or income is, so you have no idea go they are behind or ahead. You need to get out more if you think that is behind for most people. Sheesh

[Anonymous]

Anonymous wrote:

Anonymous wrote:By 45 my goal is $5M and we live pretty modestly

This is real

Good for you, but that has nothing to do with OP

[Anonymous]

I get great advice from my father who is very successful as well as a smart investor. I keep it simple with some diversified index funds plus we max our retirement plans. I also get free advice from one of my father’s advisors especially as it relates to estate planning.

[Anonymous]

Schwab gives you financial advisor for free if you have enough $ banked with them. It was less than a million when they offered it to me. We have $ spread around a variety of brokerage accounts so I assume the way they monetize off this pitching you oh consolidating all your assets on their platform and/or selling you on certain funds or portfolios (like intelligent portfolios) that take some % albeit lower than 1%. But you don’t have to take that advice to just get a general financial picture and an assessment and high level advice.

Still you could pick up 1 book on investing/saving and learn it yourself.

[Anonymous]

Anonymous wrote:

Anonymous wrote:1.4 (including house) at 44 IS behind

Behind what? It’s more than most people have at retirement age. You have no idea what OP’s situation or income is, so you have no idea go they are behind or ahead. You need to get out more if you think that is behind for most people. Sheesh

NW of 1.4 mil at age 44 is behind. Which part is so hard to understand?

[Anonymous]

Anonymous wrote:What type of financial advisor should you get? Is this enough for a wealth manager? Goals include paying for college and being comfy in retirement.

If I may, I would like to act as your financial advisor for today: Take Mississippi State plus 10 tonight in college football. You're welcome.

[Anonymous]

$1.3 at 45 so I can't help youm

[Anonymous]

Anonymous wrote:

Anonymous wrote:1.4 (including house) at 44 IS behind

Behind what? It’s more than most people have at retirement age. You have no idea what OP’s situation or income is, so you have no idea go they are behind or ahead. You need to get out more if you think that is behind for most people. Sheesh

OP wants to retire at retirement age, so OP isn't "most people".

You are in for a rude awakening when you want to retire.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:1.4 (including house) at 44 IS behind

Behind what? It’s more than most people have at retirement age. You have no idea what OP’s situation or income is, so you have no idea go they are behind or ahead. You need to get out more if you think that is behind for most people. Sheesh

NW of 1.4 mil at age 44 is behind. Which part is so hard to understand?

People are not understanding it because she's above the 90th percentile for her age, whether the $1.4 includes her house or not.