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Reply to "If you have been a biglaw partner for 10+ years, how much wealth have you accumulated?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]DH has been biglaw partner since 2007. House worth $2M - $750,000 mortgage 2nd house worth $800K, no mortgage Retirement accounts - $1.9M 529s/HSA - $395K Investment/bank accts - $1.1M Firm capital acct - $500K?[/quote] In other words, $6 million net worth, after 11 years as BL partner. Yes, that's realistic. And not bad :-)[/quote] Exactly the point the PP made about two married biglaw partners having a net worth of at least $10m+. This makes sense. Net worth should also climb quickly & more than double over the next 10 years. [/quote] So that at age 55 a single biglaw partner could have a networth in the $15m range and two married partners could have a net worth of $25m+[/quote] 55 yo single biglaw partner has probably been through two marriages and been bled dry, not to mention trying to keep up with the Joneses/spending most of what he makes. [/quote]
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