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Reply to "35- 40 year olds - what's your NW?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]37/39, NW of 22M, 3M HHI and two kids. No inheritance or family support, just roaring tech market. Our spend is about 300k/yr and we donate 250k/yr to charities.[/quote] Wow, that’s incredible. What do you guys do for a living? [/quote] "roaring tech market" [/quote] Yeah we’re in tech too at pretty senior levels but unless you’re a long time employee at NVIDIA or similar you aren’t hitting $20M+ at this age in stock gains. Eg L8 at Google wouldn’t see that appreciation over the time stated / assumed given ages + college grad [/quote] 30k/mo invested in Google alone over the last 10 years is $14M according to https://stoculator.com/ Also big tech has been through ups and downs, and if you're lucky to get a large grant in a down period that pays off big. A $3M grant of Meta from a few years ago is worth $20M now. It's not so crazy that someone who got lucky with their grant dates could make a lot of money.[/quote] Yes, that’s crazy…but to get $3M grant from Meta, stay through 100% vesting, and not sell as tranches vested is probably pretty rare. It’s a tough culture and what makes it worthwhile is the lifestyle. [/quote] Yea, usually nobody can time the market right or their corporate participation. ...[/quote]
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