Reply to When did you hit $1m in networth?

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[quote=Anonymous]1st million net worth: 2013.

me: age 36, spouse : age 37.

twins boys 4.5 years old.  I resigned my position 4 years ago and stayed home fulltime with kids for 4 years until last fall, when I started working again.  My kids attended prek for half days 3x/week last year.  This year they are in full day 5days/wk.

Husband; Fortune 100 manager,  me: medical sales.  I was fortunate to be able to stay home when my kids were so young.  I took a risk and resigned, this was in 2008 and after the markets crashed too.  But it was important to both my husband and I.  I kept up my connections and actually returned to different company in a better position with more pay last fall - so yes I am an example that sequencing can work, but we did accept the career risk and sacraficed some income for several years, but that was offset by the time I spent with my kids while they were so young that I would never have the chance to do again.  For us it was worth it.  My husband says that he was actually proud knowing he was providing for our family during this time.  He has been at his company for 14 years and was as secure in his job as you could be during those economic times, for that we were very fortunate.

no family money.  My family lives overseas, husband's family in midwest.  My husband attended public schools in midwest growing up and and private school for his undergrad.  I attending international schools overseas growing up (i am from Europe) and was fortunate that my family did pay for my private undergrad in the states (so yes, because of this I didn't have any student loans to pay off.)  but no trust funds, etc. . . we are just your typical hard working, down to earth couple.

We live below our means. balance things as best we can, and are gernerally content.  We are maxing our 401ks and 529's for kids and our taxable funds too.  We may reach 2 million net worth within 4 years if we are able to acheive 6% annual return on investments.  (My husband thinks this is unlikely from current equity market levels)  If 0% return it will take 6 more years or around 42 for me and 43 for husband.  At that time my husband wants to return to the midwest, he really isn't in to the whole DC thing.  I love it here though, so we'll cross that bridge when we get there.[/quote]

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