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Reply to "Finally hit $100K in retirement savings"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]OP, my net worth did not go permanently positive until I was about 33, mostly because of grad school. I'm now in my mid-late 40s at a net worth of about $1.9M. Not huge, but two things helped: stretching to buy a house with very little down, and maxing my retirement accounts, both in lieu of paying off any debt. For me, taking advantage of leverage really helped build wealth faster.[/quote] Also helps when you’re subsidized by family money and dumb luck, unlike OP. Stop flaunting your alleged $1.9M net worth and the BS rags-to-riches story about your kids and their supersized Roth IRAs…and then downplaying it all as if it were commonplace or somehow an embarrassment by DCUM standards. [/quote] Good for people subsidized by family. It however means nothing to me. If you ignore fools like Dave Ramsey or the pay cash for everything ladder pullers, you can build wealth quickly. [/quote]
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