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Reply to "What is your net worth? I'm excited to reach zero!"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]about 400k, we've been working for ~ 10 yrs out of college. Housing market screwed us.... Most of that is retirement funds.[/quote] That's a lot in retirement funds for only 10 years. [/quote] That's pretty reasonable given the right set of circumstances. I've been out of college 12 years (started work 3 months after graduation) and I have $285k as of last quarter. I started at $52k and now make $145+ bonus. I've been hitting the Federal max on my Roth 401k (after tax $$$) for 3 years now. Prior to that I had been maxing out the pre-tax amount. I lived in 2 cities (lower cost of living) prior to DC, with roommates until I got married. I also started with only $18k in student loans and travelled full time for work for 9 years (I don't pay for vacations because of airline and hotel points). So - it can be done but you may have to make some sacrifices (i.e. roommates, no car, never home) [/quote]
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