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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Age 39, partner a bit younger. I hit $1M at 28. No inheritance. Our combined NW is $24M now (75/25 split), about 700K in real estate.

The past decade has been a crazy ride of high compensation and market returns. The past few years in particular have seen big returns that makes us worry about a crash.

We've debated retiring early but we have young kids and role modeling having jobs seems important. Also I don't know what we'd do during the day while the kids are at school since all our friends and people in our age group work.

And before anyone asks, yes we're real and yes we live in the DMV. [/quote]

I am very interested in what industry is paying a 28 year old enough to accumulate $1 million net worth. [/quote]

DP: 
mid 50s now.  At age 22, my spouse and I were both making $40-45K.  We were CS/Engineering.  We paid off $80K in student loan debt in 2 years and saved another $30K for a house downpayment, all while investing for retirement (and getting the company match---our first company matched 6%).  By age 30, I was making $100K (including bonus), spouse was making $250K.  So yes, even without any stock options, we were worth over $1M by age 30 as a couple.  Had we not had student loan debt, we would have another $200K (invested that money and it would have more than doubled in 7-8 years).

However while we were making $80-90K as a couple, we drove older cars (think Sentra/civic level) and our rent was only $1K for a 2 bedroom in Chicago decent suburbia---sure there were nicer apartments, but this was good enough and was nicer than what we lived in for college or grad school, so we did it to save.

So the key is to marry well (that is a choice anyone can make) and live below your means as you save for the future.  And then continue to save for kids college and by time they are 10, you are set and can start living much more.  Vacations with a 10 and 6 yo are much more meaningful than with a 2 and 6 yo.

[/quote]

These numbers for saving are sketchy. $85K pretax, and paying off $40K in student loans, saving ~$20 K in two maxed-out 401Ks, plus $15K saved for a house. And, then you saved up $1M in the next 6 years before you made $100K.  [/quote]

Agree.  Impossible.[/quote]

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