Reply to I said we can’t retire yet. Am I wrong?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]350k each or together?  If together, how did you amass 5 million?  [/quote]

I’m wondering this too.  We are a few years younger than OP, make close to $400k combined and have been maxing out retirement for ages.  We have just under $3M total (incl house equity) and [b]I’m not sure exactly what we could have done differently to get to $5M.[/b]  There was either some impressive market picks or they have a non-standard form of income.[/quote]

You could have started earlier. DH and I are your ages. We have never made more than $200k a year and most years have been below that. We have the same NW that you do. The only difference I can name, based in the info given, is that I opened my first IRA at 19 and contributed the max every year.

If we had your income, we would be well over $5m.[/quote]

I suspect that your ability to max out retirement accounts at age 19 onward is based on some sort of assistance in the background.  Either you were living at home with minimal expenses, receiving an allowance, or something similar.  Either way, you're right that time is the big factor here, but not everybody has that ability so early on in life.[/quote]

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