Reply to And that’s the $5M point

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]No, it’s definitely possible with 2 people saving and investing. [/quote]

Can you provide a specific, numerical example that substantiates your claim…as opposed to qualitative and unintelligible hand waving?

Of course, it’s possible. It’s also highly improbable. Particularly when one considers the expenses of college, graduate school, saving for a down payment on a first home, etc. This entire post is little more than a microcosm of ill-gotten white privilege.

Bragging on about passing the $5M mark when $4M of that was likely passed down from wealthy family members is hardly a notable and worthy achievement. [/quote]

DP here. We did it, without family money, on mostly 1 income (and a SAHP.) The key is at least one person has to make a fairly high income and live beneath your means. DH started at $140k and went up from there. The median over the years was probably $300-$350k. It’s a little higher now. 2 kids, no private school, luxury cars, or country clubs. [/quote]

I did it as well by investing in individual stocks. Call it luck, call it skill, I don't really care but just investing in the S&P500 and you can just expect your returns to go with the flow. Nothing wrong with that. But you have to take some real risk if you really want to have outsized returns. I bought into some early stage biotechs that developed treatments for rare diseases, and the returns have been nothing short of incredible. Also bought heavy into Eli Lilly well before GLP-1 drugs were a thing. Who would have thought there would be huge demand for a drug that makes you thinner.[/quote]

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