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Reply to "Just surpassed $1m net worth"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]As of today Personal Capital shows my net worth excluding home equity to be $5,022,088. Including home equity, it's $5,823,724. I, too, was in Biglaw. Retired 5 years ago in my early 50s.[/quote] OP here. what was your net worth when you retired? did you find that after you hit your first million the others came faster? I hear this often. [/quote] My net worth then was about $4 million. Yes, the numbers jumped pretty quickly. In 2008 after the market crash I probably was at barely a million. My net worth went up $1 million this year alone, and I'm not even working! Life is pretty good.[/quote] How did you make that last $1m this year!? A 25% return in your net worth is pretty incredible, especially in retirement! [/quote] I'm curious too. I would guess 3.5MM in equities/S&P500 returning 29%, with 500K in some "safe" combination as a cushion and to live on. I wish I had the risk tolerance for that kind of aggressive investing in retirement! Big Law, please let us know![/quote]
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