Not to burst a bubble but your combined net worth just crossed $1 million. Your individual net worth is 1/2 of that. Still not bad but everything is easier in two player mode!

Anonymous wrote:SAME! This month! Our net worth not including our home equity is now $1,005,000 as of this month (401K, 403B, brokerage, kids 529's). We probably have about 500K in equity in our house but we don't plan to move basically ever so I don't really count that as readily accessible.

I am 35 and DH is 40.

I don't think you understand what "net worth" means.

SAME! This month! Our net worth not including our home equity is now $1,005,000 as of this month (401K, 403B, brokerage, kids 529's). We probably have about 500K in equity in our house but we don't plan to move basically ever so I don't really count that as readily accessible.

I am 35 and DH is 40.

Anonymous wrote:OP here - I am not counting home equity (~$200k), but definitely am counting retirement savings. In fact, that accounts for the bulk of the million.

to PP, I am hoping we hit $2m in the next five years. then I can leave biglaw and do....I dunno, something else.

Our home equity is about $500k+ so we definitely count it in our net worth. Congrats!

We finally hit liquid savings (non retirement) above what our mortgage debt is. That was a nice moment.

OP here - I am not counting home equity (~$200k), but definitely am counting retirement savings. In fact, that accounts for the bulk of the million.

to PP, I am hoping we hit $2m in the next five years. then I can leave biglaw and do....I dunno, something else.

Yay OP! Go celebrate, and now set your next target!

(DH and I were like you - we hit $1M combined just before we hit 40. Given the markets and our continued saving and investments, we are now closing in on $2M 5 years later.)

Anonymous wrote:My savings and investments are squat, but my retirement fund and home equity surpass $1 million. Does that count?

Yeah, are you counting home equity? Because that's a game changer, and yes, I'm comparing because this is DCUM and that's what we do.

Anonymous wrote:My savings and investments are squat, but my retirement fund and home equity surpass $1 million. Does that count?

Yes, it actually does.

My savings and investments are squat, but my retirement fund and home equity surpass $1 million. Does that count?

Well shit, I'm 39 and you're way ahead of me. So go on with feeling good about it!

Go out and celebrate with nice dinner

Congrats!

Yes, it does feel good

Congrats!!! That DOES feel good! Keep doing what you’re doing!

I can't really talk to anyone except DH about this, so here I am anonymously.

According to the personal capital app, our savings and investments just crossed over the $1m mark (and are at $1,009,671 at the moment).

Feels good. 41 years old, so maybe this isn't great for our age, but it feels good nonetheless!