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Reply to "Tell me your HHI and net worth at age 48"
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[quote=Anonymous][quote=Anonymous][b]I'm curious how we're doing[/b] (as a couple of working 48-year-olds). I only recently ramped up from part-time back to full-time, so we had some lean years in there. DH is a federal employee (top of GS scale but only tiny salary increases each year). HHI: $350,000 Net worth: $1.6 million (not including home equity or college savings for 3 young teenagers) Our net worth probably seems low relative to our HHI, but we have only recently begun having this HHI (when I ramped up from part-time to full-time). My DH has a TSP worth about $800,000, and I have a 401(k) worth about $650,000. So most of our net worth is locked in retirement savings accounts. We have an emergency fund and only minor non-retirement savings. (We have enough saved for college for the 3 kids because the grandparents have helped with that. We have not saved that money on our own. We'll try to do the same for our grandchildren in the future.) [/quote] Not good. Not good at all.[/quote]
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