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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Like everything else, perspective is required. I retired early as a big law partner with a net worth of about $4 million. A decade later, I’m worth about $7 million. When I left my firm I was making close to $1 million a year, and had I stayed where I was by now I’d likely be making close to $1.5 million a year and my net worth would probably be double what it now is. But it wasn’t worth it to me. Yes, money is important but it isn’t everything. [/quote] You were making almost a million a year, and your net worth was only $4 million? You were a huge spender and worked like a maniac. My husband and I made about $450,000 a year at most and when he retired, our net worth was over $8 million. And neither of us worked like biglaw partners do in the early years. Holy cow![/quote] I said when I left my firm I was making almost $1 million a year. I didn't make that for many years. I retired "early" as a big law partner, almost 15 years before typical retirement age. How old were the two of you when you retired? I'll also add that we had four kids and put them all through college before retiring. How many kids did you have?[/quote] I am still working (at 57). We have two kids, one in grad school and one a junior in college. Our net worth was $8.7 million in our early/mid 50s.[/quote] Well, we had double the kids that you did, had them all before turning 30, were never a dual income family, and the two of you over the longer term likely made more money combined than I did alone. All of that plus I suspect we had more fun. [/quote]
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