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Reply to "Networth as a multiple of your income"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]2x 40 Don't know. Want to be able to retire at 55 or so. I don't know how on earth some of these multiples are possible unless people had a windfall (maybe in real estate) or a big inheritance. [/quote] we're at about 14 times. Includes an inheritance (not huge), and significant home equity. In 40s so had the benefit of years of investing. But we also currently have a relatively low HHI (for dcum not for the real world), so our overall number is probably lower than most here.[/quote] We are 37 and only have 1x but our HHI is 800k. We had a lot of grad school and med school debt so it took a while to pay off. No help from parents. We actually help out our elderly parents financially. Hoping to catch up on retirement.[/quote]
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