55 Net Worth

[Anonymous]

56 - $7.5m in retirement, savings, and home equity
Family of 4 with kids still in school
1 income from big law partner
Plan to start ramping down in a couple years, even though college and hopefully grad school tuition for two kids is obviously a big financial hit

[Anonymous]

Anonymous wrote:56 - $7.5m in retirement, savings, and home equity
Family of 4 with kids still in school
1 income from big law partner
Plan to start ramping down in a couple years, even though college and hopefully grad school tuition for two kids is obviously a big financial hit

Love!

[Anonymous]

55
divorced, no kids
HHI $170k/yr
Started saving late
$1.1mil in retirement accounts
$28K in brokerage account
Approx $400k in home equity

$115k remaining on mortgage
no other debt

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am op and I should note, DH trades actively and makes about 300k a year trading options and he has beaten the S&P since the Pandemic (when he started actively trading). I imagine that will continue even in retirement.

Note, he trades up markets and down markets. Total he is up 1.5 million in profits since the Pandemic (March 13, 2020 to July 3rd, 2025).

Too funny. Teams of very smart guys on wall street with almost unlimited resources can't outperform day trader hubby lol

What do you want me to say? He has been trading since he was in high school (off and on). His father was a stock broker in the 80s. He has been around this stuff since he was a kid.

Also, they do outperform--a good hedge fund will beat the S&P.

Next hater comment will be--if he is so good you all should be retired. No, because we had to use the money over the years--buy houses, private school tuition through high school, etc. As I said, we value education to a fault. It worked out, achieving what we wanted to for our kids' education for high school, colleges, and law schools.

Warren Buffett couldn't pick a hedge fund that could beat the S&P 500, so it's easier said than done. For non institutional investors, trying to beat the market via active management is a losers game. Most people, including myself, try to do this but eventually come to the realization that accepting market returns is a more effective strategy. Yes, after getting your butt kicked by index funds. There are several studies proving that beating the market comes down to luck. Doesn't matter how smart you are or if you went to MIT.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am op and I should note, DH trades actively and makes about 300k a year trading options and he has beaten the S&P since the Pandemic (when he started actively trading). I imagine that will continue even in retirement.

Note, he trades up markets and down markets. Total he is up 1.5 million in profits since the Pandemic (March 13, 2020 to July 3rd, 2025).

Too funny. Teams of very smart guys on wall street with almost unlimited resources can't outperform day trader hubby lol

What do you want me to say? He has been trading since he was in high school (off and on). His father was a stock broker in the 80s. He has been around this stuff since he was a kid.

Also, they do outperform--a good hedge fund will beat the S&P.

Next hater comment will be--if he is so good you all should be retired. No, because we had to use the money over the years--buy houses, private school tuition through high school, etc. As I said, we value education to a fault. It worked out, achieving what we wanted to for our kids' education for high school, colleges, and law schools.

Warren Buffett couldn't pick a hedge fund that could beat the S&P 500, so it's easier said than done. For non institutional investors, trying to beat the market via active management is a losers game. Most people, including myself, try to do this but eventually come to the realization that accepting market returns is a more effective strategy. Yes, after getting your butt kicked by index funds. There are several studies proving that beating the market comes down to luck. Doesn't matter how smart you are or if you went to MIT.

Ok. To each their own. Happy to send you are returns. Each year since 2018 he has beat the S&P and sometimes significantly, except for 2022.

[Anonymous]

age 55
never married, 1 kid in college
HHI $98k/yr
Single parent, teacher
$150k in 403b account
Public school pension
Renter
Appr. $5k in CC debt which will be paid off in the next few months
I will pay off my kid's $11k student loan in the next few yrs after he graduates

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am op and I should note, DH trades actively and makes about 300k a year trading options and he has beaten the S&P since the Pandemic (when he started actively trading). I imagine that will continue even in retirement.

Note, he trades up markets and down markets. Total he is up 1.5 million in profits since the Pandemic (March 13, 2020 to July 3rd, 2025).

Too funny. Teams of very smart guys on wall street with almost unlimited resources can't outperform day trader hubby lol

What do you want me to say? He has been trading since he was in high school (off and on). His father was a stock broker in the 80s. He has been around this stuff since he was a kid.

Also, they do outperform--a good hedge fund will beat the S&P.

Next hater comment will be--if he is so good you all should be retired. No, because we had to use the money over the years--buy houses, private school tuition through high school, etc. As I said, we value education to a fault. It worked out, achieving what we wanted to for our kids' education for high school, colleges, and law schools.

Warren Buffett couldn't pick a hedge fund that could beat the S&P 500, so it's easier said than done. For non institutional investors, trying to beat the market via active management is a losers game. Most people, including myself, try to do this but eventually come to the realization that accepting market returns is a more effective strategy. Yes, after getting your butt kicked by index funds. There are several studies proving that beating the market comes down to luck. Doesn't matter how smart you are or if you went to MIT.

Ok. To each their own. Happy to send you are returns. Each year since 2018 he has beat the S&P and sometimes significantly, except for 2022.

You’re talking about some of the biggest market gains in history. He’s unlikely to be successful over the long term.

[Anonymous]

We have $15k a month of guaranteed income for life (upwardly adjusted for inflation each year) and $10k is tax free. We are 45 and 47. Approx $200k in investment accounts. And $600k in home equity. College for our kids will be paid for without touching assets.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I am op and I should note, DH trades actively and makes about 300k a year trading options and he has beaten the S&P since the Pandemic (when he started actively trading). I imagine that will continue even in retirement.

Note, he trades up markets and down markets. Total he is up 1.5 million in profits since the Pandemic (March 13, 2020 to July 3rd, 2025).

Too funny. Teams of very smart guys on wall street with almost unlimited resources can't outperform day trader hubby lol

What do you want me to say? He has been trading since he was in high school (off and on). His father was a stock broker in the 80s. He has been around this stuff since he was a kid.

Also, they do outperform--a good hedge fund will beat the S&P.

Next hater comment will be--if he is so good you all should be retired. No, because we had to use the money over the years--buy houses, private school tuition through high school, etc. As I said, we value education to a fault. It worked out, achieving what we wanted to for our kids' education for high school, colleges, and law schools.

Warren Buffett couldn't pick a hedge fund that could beat the S&P 500, so it's easier said than done. For non institutional investors, trying to beat the market via active management is a losers game. Most people, including myself, try to do this but eventually come to the realization that accepting market returns is a more effective strategy. Yes, after getting your butt kicked by index funds. There are several studies proving that beating the market comes down to luck. Doesn't matter how smart you are or if you went to MIT.

Ok. To each their own. Happy to send you are returns. Each year since 2018 he has beat the S&P and sometimes significantly, except for 2022.

You’re talking about some of the biggest market gains in history. He’s unlikely to be successful over the long term.

Ok--2020 was an epic collapse and he bought at the bottom was up 80 percent that year. 2022 was a big collapse. Again he trades up markets and down markets but that's fine. No need to justify to you. Haters going to hate.