Reply to Tell me your HHI and net worth at age 48

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I’m 43, divorced, 2 kids. My income is $135k, plus another $20k in child support (this will drop in half next year when the youngest finishes daycare).

Retirement accounts have about $525k
Home equity of about $250k (I had to buy out my ex so this is low)
~$75k in liquid savings

I will also have a pension of about $60k a year coming if all goes as planned. [/quote]

I bet your ex is delighted that you got his retirement account in the divorce. LOL. No way you had $525k on a hundred and change salary. [/quote]

You are strangely hostile. I'm not sure why my numbers seem unbelievable to you when many people have posted much larger ones on not that much significantly higher salaries.

We each kept our own retirement accounts and pension entitlements (his suggestion.)

I started a Roth when I was 18. My parents helped fund I while I was in college/grad school, but since then I've put my own money in whenever I could.

I started a government job when I was 24. I've never even maxed out contributions, but I've had steady contributions and a 5% match for almost 20 years. Starting early makes a huge difference.

[/quote]

Ignore the bitter little manboy.[/quote]

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