Reply to 39 and 365k net worth

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Are you married or single? Do you have kids? If married, is that for you and spouse or just you? If you have kids, does that include college savings or just your retirement accounts?

For a single 39 yr old with no kids, you would be in a great position. You just keep working, keep investing, let it grow. No notes. You will be surprised by how it really starts to accelerate in your 40s and 50s, you just have to keep up what you are doing.

If you are married and that's for both of you, I'd try to accelerate your savings/investing rate. It's fine at that level, especially if you've purchased real estate instead of investing more, but now is the time to amp up what you are investing, especially as you start to approach peak earnings.

If you're married and that's just you, see the comments for a single person, plus sit down with your spouse to look at the big picture. If you both have about that, you are already well past the half million mark and doing well.

If you have kids, everything is different and depends on how many kids, college expectations/plans, spouse, whether you and spouse both work full time, home equity, etc. I still wouldn't say that is a bad amount for a couple with kids at 39, but it's not necessarily great either (depends on what else is happening) and I just have lots of other questions.[/quote]

OP here.

Not married no kids. Would love both! Trying to meet financially responsible men after my divorce.

Rent a small one bedroom apartment. [/quote]

keep investing, get older.

obviously, past performance is no guarantee of future earnings, but the 401k i started from zero 11 years ago (when i was 40) currently has $790k in it.

obviously a lot depends on income, ability to save, etc. just keep chugging away. and consider staying single 😬
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