Anonymous
05/14/2026 14:39
Subject: 39 and 365k net worth
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:1.make more money
2.spend less money
It’s that easy. And yes you’re behind
They’re not very behind if that’s 365k invested. By 65, that’s over $2M in current dollars at 7% returns without any more contributions. This is well above the median of retirees.
7% real returns over the next two decades starting from today is very unrealistic. We're at a peak right now.
No, it’s not. 7% is actually a conservative estimate based on over 100 years of data. It accounts for the Great Depression and the Great Recession.
Use historical single country data at your own peril. The future is unknown and you are also ignoring crazy valuations.
Anonymous
05/14/2026 14:35
Subject: 39 and 365k net worth
Anonymous wrote:Anonymous wrote:Anonymous wrote:1.make more money
2.spend less money
It’s that easy. And yes you’re behind
They’re not very behind if that’s 365k invested. By 65, that’s over $2M in current dollars at 7% returns without any more contributions. This is well above the median of retirees.
7% real returns over the next two decades starting from today is very unrealistic. We're at a peak right now.
+1
Just spoke with a fairly highly regarded financial planner the other day and he is using 2% real for future returns. I have a global stock portfolio and use 4% real.
Anonymous
05/14/2026 14:32
Subject: 39 and 365k net worth
I am WAY behind you and have three kids. You do what you can do.
Anonymous
05/14/2026 14:30
Subject: 39 and 365k net worth
Anonymous wrote:Anonymous wrote:Anonymous wrote:1.make more money
2.spend less money
It’s that easy. And yes you’re behind
They’re not very behind if that’s 365k invested. By 65, that’s over $2M in current dollars at 7% returns without any more contributions. This is well above the median of retirees.
7% real returns over the next two decades starting from today is very unrealistic. We're at a peak right now.
No, it’s not. 7% is actually a conservative estimate based on over 100 years of data. It accounts for the Great Depression and the Great Recession.
Anonymous
05/14/2026 14:29
Subject: Re:39 and 365k net worth
Anonymous wrote:OP here. Do I need to stop making contributions? Or do I need to add more?
If you are this dumb about money at 39 you need to start talking to an advisor ASAP.
Anonymous
05/14/2026 14:26
Subject: Re:39 and 365k net worth
Anonymous wrote:OP here. Do I need to stop making contributions? Or do I need to add more?
Why would you stop? You need to max all 401K and IRA contributions available to you, plus put any surplus into taxable accounts. Is there any way to cut expenses and/or earn extra?
Anonymous
05/14/2026 14:18
Subject: 39 and 365k net worth
Anonymous wrote:Anonymous wrote:1.make more money
2.spend less money
It’s that easy. And yes you’re behind
They’re not very behind if that’s 365k invested. By 65, that’s over $2M in current dollars at 7% returns without any more contributions. This is well above the median of retirees.
7% real returns over the next two decades starting from today is very unrealistic. We're at a peak right now.
Anonymous
05/14/2026 14:16
Subject: Re:39 and 365k net worth
OP here. Do I need to stop making contributions? Or do I need to add more?
Anonymous
04/28/2026 16:02
Subject: 39 and 365k net worth
Anonymous wrote:1.make more money
2.spend less money
It’s that easy. And yes you’re behind
They’re not very behind if that’s 365k invested. By 65, that’s over $2M in current dollars at 7% returns without any more contributions. This is well above the median of retirees.
Anonymous
04/27/2026 14:14
Subject: Re:39 and 365k net worth
Depends on what part of the country you live in.
Anonymous
04/27/2026 09:16
Subject: 39 and 365k net worth
You're doing well!
Anonymous
04/27/2026 09:12
Subject: 39 and 365k net worth
Save more
Anonymous
04/27/2026 09:03
Subject: 39 and 365k net worth
1.make more money
2.spend less money
It’s that easy. And yes you’re behind
2.spend less money
It’s that easy. And yes you’re behind
Anonymous
04/26/2026 17:23
Subject: 39 and 365k net worth
What is the money invested in? How long did it take?
Anonymous
04/26/2026 17:19
Subject: 39 and 365k net worth
I feel so behind!! How can I get to a million faster?