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Reply to "When did you hit $1m in networth?"
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[quote=Anonymous]Hit it just before 40. Will be 44 this year and hope to be at $1.5M by year's end; however some of that is college savings so doesn't "count" in that it's money I won't always have; however it's money I won't have to shift down the road. Over a third of my net worth is in real estate equity, which I am thinking might be too much. Anyway here is the current breakdown: Retirement: $760K (this includes a taxable brokerage fund which could be used for other things but I count it as retirement) Other savings: $50K $230K equity in primary home $260K equity in rental property which clears about $12K/year. Thinking of selling this and rolling the equity into the brokerage. $120K in 529 plan, CD, and savings bonds for one 6-year old DC.[/quote]
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