Anonymous
Post 01/26/2026 16:14     Subject: Are you a millionaire?
I have about 1M in various accounts, maybe 2/3 of it in the stock market. I'm mid-50s. I've had this amount for about 10 yrs, as I inherited about half of it then.

This does not include equity in our house (about 500k or so), or my DH's accounts (I think he's got about 1.5M).
Anonymous
Post 01/26/2026 16:12     Subject: Are you a millionaire?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:When people ask this, should we include
- Retirement accounts like 401k, IRA, and TSP?
- Home equity?
- 529s?

If you strip all that, we are not millionaires. If you count retirement accounts, we are almost multimillionaires. No inheritance.


Net Worth is literally Assets minus Liabilities. It includes everything. Yes that ignores lots of complexity from accounts with special rules, deferred taxes, etc but it's how the whole industry defines the term.


This. For the snooty ass responder who is criticizing people for including retirement and non liquid assets in our net worth, you’re being a jerk. And I say that as someone with a lot more than $1m in my fully liquid assets. The question in the original op was to ask if you had net worth over $1m, with a separate question re whether that number includes real estate. Responders that included all assets, including retirement and real estate, were responding correctly to the op. You just decided to impose your own question to the question, presumably just to be a jerk and make people feel bad.


+1000

Anonymous
Post 01/26/2026 15:46     Subject: Are you a millionaire?
Yes but that includes spouse and a 1.2M inheritance... For a total of ~3.6M.

44 years old and our joint Networth is
- 2.2M in paid off RE across 3 properties (2 houses and a small appartement, total value ~2.75M)
- 785k in Retirement/pension savings for me, not sure about DH but he has less, i am counting 450k
- 250k in 529 of our 2 kids
- no debt apart from the mortgages balance
Anonymous
Post 01/26/2026 15:36     Subject: Are you a millionaire?
$4.9m. Aged 50. this includes our home (prob valued at $900k-$1m), which is paid off.

Includes bank accounts, retirement accounts, securities, cars, 529s.

We lived below our means on 2 govt salaries. Only 1 kid due to the financial costs (though I wanted 2). I recently took VERA and am starting career 2.0. Spouse still working. I'm hoping by 60 we have closer to 6 mill.
Anonymous
Post 01/26/2026 15:09     Subject: Re:Are you a millionaire?
Yes! We are retired and we have over $7 in retirement accounts alone. We are very lucky but we both worked hard and were aggressive savers for 40 years.
Anonymous
Post 01/26/2026 12:22     Subject: Are you a millionaire?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Age 39, partner a bit younger. I hit $1M at 28. No inheritance. Our combined NW is $24M now (75/25 split), about 700K in real estate.

The past decade has been a crazy ride of high compensation and market returns. The past few years in particular have seen big returns that makes us worry about a crash.

We've debated retiring early but we have young kids and role modeling having jobs seems important. Also I don't know what we'd do during the day while the kids are at school since all our friends and people in our age group work.

And before anyone asks, yes we're real and yes we live in the DMV.


I am very interested in what industry is paying a 28 year old enough to accumulate $1 million net worth.


Same. We make a little under $1Mish early 30s via w2s and there’s zero way to make that turn into $24M by late 30s unless we take very speculative risks / investments. I’m guessing PP started a business or is an influencer (which is the same as starting a business now) or something. Maybe high finance too? Carry can get nuts if the fund over-performs - talking tens of millions and that’s in your 30s.


Is there a lot of high finance like that in the DMV? I am ignorant of that industry.
Anonymous
Post 01/26/2026 11:49     Subject: Are you a millionaire?
Anonymous wrote:
Anonymous wrote:Age 39, partner a bit younger. I hit $1M at 28. No inheritance. Our combined NW is $24M now (75/25 split), about 700K in real estate.

The past decade has been a crazy ride of high compensation and market returns. The past few years in particular have seen big returns that makes us worry about a crash.

We've debated retiring early but we have young kids and role modeling having jobs seems important. Also I don't know what we'd do during the day while the kids are at school since all our friends and people in our age group work.

And before anyone asks, yes we're real and yes we live in the DMV.


I am very interested in what industry is paying a 28 year old enough to accumulate $1 million net worth.


Same. We make a little under $1Mish early 30s via w2s and there’s zero way to make that turn into $24M by late 30s unless we take very speculative risks / investments. I’m guessing PP started a business or is an influencer (which is the same as starting a business now) or something. Maybe high finance too? Carry can get nuts if the fund over-performs - talking tens of millions and that’s in your 30s.
Anonymous
Post 01/26/2026 09:57     Subject: Are you a millionaire?
Anonymous wrote:Age 39, partner a bit younger. I hit $1M at 28. No inheritance. Our combined NW is $24M now (75/25 split), about 700K in real estate.

The past decade has been a crazy ride of high compensation and market returns. The past few years in particular have seen big returns that makes us worry about a crash.

We've debated retiring early but we have young kids and role modeling having jobs seems important. Also I don't know what we'd do during the day while the kids are at school since all our friends and people in our age group work.

And before anyone asks, yes we're real and yes we live in the DMV.


I am very interested in what industry is paying a 28 year old enough to accumulate $1 million net worth.
Anonymous
Post 01/26/2026 09:02     Subject: Re:Are you a millionaire?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Luv all these so-called millionaires that are tracking inflated NW to include real estate, primary home, retirement, and other reserved and illiquid assets. Oh and don’t get me started on the people with $1M+ in their 401k, the majority of which hasn’t been taxed yet and will be amortized over a lifetime of withdrawals.

You’re only an actual millionaire if you have a NW > $1M and liquid assets > $1M after taxes. Sorry, bro, just owning an alleged $2M home with a $1M outstanding mortgage doesn’t cut it! Not until you sell and pay taxes on the gains.

All you posters are pathetic.

Some of us don't pay taxes; never have and never will. No mortgage and never had a 401k.
The 401k people will figure out how to lower their taxes, and then pay almost nothing with Roth and regular investment account.


Wait, you’re actually bragging about not paying taxes and skirting all moral responsibility for contributing to the betterment of society?!? You rank somewhere between a maggot-infested pile of feces and a cancerous tumor.

I pay, but my refund is more than I pay in.
Anonymous
Post 01/26/2026 07:50     Subject: Are you a millionaire?
Anonymous wrote:
Anonymous wrote:When people ask this, should we include
- Retirement accounts like 401k, IRA, and TSP?
- Home equity?
- 529s?

If you strip all that, we are not millionaires. If you count retirement accounts, we are almost multimillionaires. No inheritance.


Net Worth is literally Assets minus Liabilities. It includes everything. Yes that ignores lots of complexity from accounts with special rules, deferred taxes, etc but it's how the whole industry defines the term.


This. For the snooty ass responder who is criticizing people for including retirement and non liquid assets in our net worth, you’re being a jerk. And I say that as someone with a lot more than $1m in my fully liquid assets. The question in the original op was to ask if you had net worth over $1m, with a separate question re whether that number includes real estate. Responders that included all assets, including retirement and real estate, were responding correctly to the op. You just decided to impose your own question to the question, presumably just to be a jerk and make people feel bad.
Anonymous
Post 01/26/2026 07:35     Subject: Are you a millionaire?
We just hit 1M household net worth this month! We’re 40/41, and have about 750k in retirement/brokerage/cash accounts, and 250k in equity on a modest house in Prince George’s county.

Our HHI is 255K right now, but we had a couple of years where our income was as much as 320K and we saved a lot more during that time. We got one gift of 2k of stock (no worth 15K) from my husband’s grandfather to encourage us to investors, but it’s otherwise all money we’ve saved ourselves.
Anonymous
Post 01/26/2026 00:33     Subject: Are you a millionaire?
Age 39, partner a bit younger. I hit $1M at 28. No inheritance. Our combined NW is $24M now (75/25 split), about 700K in real estate.

The past decade has been a crazy ride of high compensation and market returns. The past few years in particular have seen big returns that makes us worry about a crash.

We've debated retiring early but we have young kids and role modeling having jobs seems important. Also I don't know what we'd do during the day while the kids are at school since all our friends and people in our age group work.

And before anyone asks, yes we're real and yes we live in the DMV.
Anonymous
Post 01/25/2026 23:59     Subject: Are you a millionaire?
Anonymous wrote:Well I'll go ahead and be the person who says NO not even close. Haha


We can be friends.
Anonymous
Post 01/25/2026 23:40     Subject: Re:Are you a millionaire?
Single woman. NW around 5m. 1m in taxable brokerage; half a million 401k; the rest rental RE last appraisals (as of 2021 so could be a little higher now )
Anonymous
Post 01/25/2026 23:17     Subject: Re:Are you a millionaire?
Anonymous wrote:
Anonymous wrote:Luv all these so-called millionaires that are tracking inflated NW to include real estate, primary home, retirement, and other reserved and illiquid assets. Oh and don’t get me started on the people with $1M+ in their 401k, the majority of which hasn’t been taxed yet and will be amortized over a lifetime of withdrawals.

You’re only an actual millionaire if you have a NW > $1M and liquid assets > $1M after taxes. Sorry, bro, just owning an alleged $2M home with a $1M outstanding mortgage doesn’t cut it! Not until you sell and pay taxes on the gains.

All you posters are pathetic.

Some of us don't pay taxes; never have and never will. No mortgage and never had a 401k.
The 401k people will figure out how to lower their taxes, and then pay almost nothing with Roth and regular investment account.


Wait, you’re actually bragging about not paying taxes and skirting all moral responsibility for contributing to the betterment of society?!? You rank somewhere between a maggot-infested pile of feces and a cancerous tumor.