Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "40 years old - what is your net worth? "
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]Fidelity rule of thumb is 3x gross Hhi in investable assets at 40. E.g. hhi 300k at 40 you should have 900k in pre and post tax investment accounts (including retirement account). Everyone’s situation is different. [/quote] Op - so based on this we are well short. Our HHI just reached $600,000 at 40 years old [/quote] But you just had significant increases to income so it's not a good rule of thumb for you. We had the same - our income has nearly doubled in the past four years. It's not practical to hold ourselves to the 3x rule based on our new income yet. Set your goals based on your savings objectives for retirement, etc. and then figure out how you get there whether or not you're "on track" at this moment. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics
