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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I don't understand how people are say, in their 40s, with roughly a $200k income (assume didn't earn that the whole time) and have multiple millions of dollars in investments....? Were you able to max 401ks or something from day 1 at age 21?

Even if you max your 401k from age 21, it would take 20+ years to get to "multiple millions" with compounded interest[/quote]

"Were you able to max 401ks or something from day 1 at age 21?"

Married at 23, and then...yes.

"it would take 20+ years to get to "multiple millions" with compounded interest"

Correct. [/quote]

Well dang, hats off to you. Got till my 30s before even starting a 401k or accruing much savings at all (and then.... kids and daycare).[/quote]

Were you a perpetual student?[/quote]

Me, yes, I returned to school for a 2nd degree BSN because I despised the corporate world (best decision ever so no regrets).

DH, no, he worked for nonprofits in DC for a decade while paying off student loans, then finally switched to a marketing agency. However, marketing agencies don't honestly pay that well even in DC despite having fancy name, top brand clients. People make money on the brand side. This was also true for me (I used to work in the marketing world before my BSN and most of my colleagues jumped ship from the marketing agency to the brand side in part because of money, and in part because client service s*cks for work life balance)[/quote]

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