Anonymous
Post 07/23/2013 08:38     Subject: What is your net worth? I'm excited to reach zero!

About 750 but with very little debt. It will change when we buy a home.
Anonymous
Post 07/23/2013 07:34     Subject: What is your net worth? I'm excited to reach zero!

Anonymous wrote:do you factor in your house loan in the net worth?

Yes, mortgage debt goes into the calculation of net worth.
Anonymous
Post 07/23/2013 07:00     Subject: What is your net worth? I'm excited to reach zero!

Anonymous wrote:$750K. But none of it is liquid and we have horrible cash flow, like a previous PP said. It's weird to have nearly a million in the bank and feel broke. But I'm grateful we can pay the bills and have savings.

It's in the bank, but not liquid?
Anonymous
Post 07/23/2013 00:30     Subject: What is your net worth? I'm excited to reach zero!

$750K. But none of it is liquid and we have horrible cash flow, like a previous PP said. It's weird to have nearly a million in the bank and feel broke. But I'm grateful we can pay the bills and have savings.
Anonymous
Post 07/23/2013 00:27     Subject: What is your net worth? I'm excited to reach zero!

do you factor in your house loan in the net worth?
Anonymous
Post 07/22/2013 22:21     Subject: What is your net worth? I'm excited to reach zero!

~1.9M. Out of college for 20 years and we got luckyish with the housing market. It's going up fast now though.
Anonymous
Post 07/22/2013 22:18     Subject: What is your net worth? I'm excited to reach zero!

Anonymous wrote:
Anonymous wrote:You have a higher net worth than the average NFL player - not a bad place to start from! Go you.

Our is $600k - keep saving - it keeps growing very quickly - every year I look back to see what it was the previous year and I am surprised it grows so fast.

I remember being at $1M in 2008. Maybe you read about what happened next.


Yes, and I also remember it going back up. If you had kept putting money in you would have made out well.
Anonymous
Post 07/22/2013 21:47     Subject: Re:What is your net worth? I'm excited to reach zero!

Anonymous wrote:about 400k, we've been working for ~ 10 yrs out of college. Housing market screwed us.... Most of that is retirement funds.

That's a lot in retirement funds for only 10 years.
Anonymous
Post 07/22/2013 21:33     Subject: What is your net worth? I'm excited to reach zero!

$520k. 8 years ago I was at -50k.
Anonymous
Post 07/22/2013 21:32     Subject: Re:What is your net worth? I'm excited to reach zero!

about 400k, we've been working for ~ 10 yrs out of college. Housing market screwed us.... Most of that is retirement funds.
Anonymous
Post 07/22/2013 21:31     Subject: What is your net worth? I'm excited to reach zero!

Anonymous wrote:You have a higher net worth than the average NFL player - not a bad place to start from! Go you.

Our is $600k - keep saving - it keeps growing very quickly - every year I look back to see what it was the previous year and I am surprised it grows so fast.

I remember being at $1M in 2008. Maybe you read about what happened next.
Anonymous
Post 07/22/2013 21:31     Subject: What is your net worth? I'm excited to reach zero!

^average professional couple.
Anonymous
Post 07/22/2013 21:30     Subject: Re:What is your net worth? I'm excited to reach zero!

[quote=Anonymous][quote=Anonymous]$3.1 million (but I remember when I hit zero - congratulations!!!).[/quote]

+1. I'm not at the $3.1 level, but the most important step of all is going from negative to positive net worth. Congrats! [/quote]

Whoa! I'm not even in the upper brackets yet myself, but I echo the congratulations!
Anonymous
Post 07/22/2013 21:30     Subject: What is your net worth? I'm excited to reach zero!

Anonymous wrote:You have a higher net worth than the average NFL player - not a bad place to start from! Go you.

Our is $600k - keep saving - it keeps growing very quickly - every year I look back to see what it was the previous year and I am surprised it grows so fast.

Not OP
How long would it take to get from $0 to $600k for the average professional
(range of time) - understand it depends on many factors.
Anonymous
Post 07/22/2013 21:29     Subject: What is your net worth? I'm excited to reach zero!

Anonymous wrote:After the house loan and the practice loan and the office condo loan and the car loans and the school loans, I'm now at -1000000. I was at -2500000 six years ago. Getting there and hope to someday soon be in your shoes op.


Not quite as bad here, but similar. It'll pay off one day soon!