Anonymous
Post 06/27/2025 02:01     Subject: 40 years old - what is your net worth?
Everyone on dcum is a multi millionaire except most aren't lmao
Anonymous
Post 06/26/2025 22:01     Subject: 40 years old - what is your net worth?
Anonymous wrote:
Anonymous wrote:My NW is $2.5m. That doesn't include home equity ($3m), 529 plans ($550k), or DH’s accounts (idk, anywhere from $2-10m).


OP - this is what makes me nervous that we are nowhere near where we should be in terms of savings.



Lmao if you think having $15M at 40 is normal and where you should be at.
Anonymous
Post 06/26/2025 21:57     Subject: 40 years old - what is your net worth?
Anonymous wrote:I think it's low. I took several years off and have worked several years part time and my personal assets are close to 700k. That doesn't include home equity or my spouse's share of assets. We probably are close to 3 million all in combined. Spouse is planning on a military reserve and fed pension as well (since OP mentioned it).


No, it is not low. Just because you have more doesn't mean someone with 1.1M at 40 is doing poorly. Statistically it's well above average.
Anonymous
Post 06/26/2025 21:25     Subject: 40 years old - what is your net worth?
Anonymous wrote:
Anonymous wrote:My NW is $2.5m. That doesn't include home equity ($3m), 529 plans ($550k), or DH’s accounts (idk, anywhere from $2-10m).


OP - this is what makes me nervous that we are nowhere near where we should be in terms of savings.



OP, ultimately NW doesn't matter. It's income from your investments + your pension + any SSI you and your spouse will receive that determines how well you can retire. Keep saving and investing and you'll be fine. You're doing great.
Anonymous
Post 06/26/2025 09:16     Subject: 40 years old - what is your net worth?
Anonymous wrote:
Anonymous wrote:Op your pension is worth $2m. It takes $1m to generate $40k at 4% withdrawal rate. Even if you are only at $2 to $2.5 M at 50, you’ll be at $5M at 60. It’s easy to doubles money over 10 years even conservatively. Add the value of your pension, your set $7 M at 60. Trust is definitely enough.

My DH is 49 and I’m 43. We were at less that $1 M when he was 40. Now we’re at $2.9M.
We just save aggressively, live comfortably but below our means.


How did you come up with $2 million to value the pension?


Not the poster that you are asking. But they pretty much put the calculation there. You need ~$2m to generate the pension amount with the 4% withdrawal rate.
Anonymous
Post 06/26/2025 07:34     Subject: 40 years old - what is your net worth?
Anonymous wrote:Op your pension is worth $2m. It takes $1m to generate $40k at 4% withdrawal rate. Even if you are only at $2 to $2.5 M at 50, you’ll be at $5M at 60. It’s easy to doubles money over 10 years even conservatively. Add the value of your pension, your set $7 M at 60. Trust is definitely enough.

My DH is 49 and I’m 43. We were at less that $1 M when he was 40. Now we’re at $2.9M.
We just save aggressively, live comfortably but below our means.


How did you come up with $2 million to value the pension?
Anonymous
Post 06/25/2025 10:16     Subject: 40 years old - what is your net worth?
Anonymous wrote:At age 40 our combined net worth was about 750k. 15 years later it is about 3.3. m. A lot happens in the next decades : job promotions, ability to save more and compounding.


Similar experience here. ~$1m at 40 and over $3m a decade later.
Anonymous
Post 06/25/2025 08:49     Subject: 40 years old - what is your net worth?
At age 40 our combined net worth was about 750k. 15 years later it is about 3.3. m. A lot happens in the next decades : job promotions, ability to save more and compounding.
Anonymous
Post 06/22/2025 07:29     Subject: 40 years old - what is your net worth?
Op your pension is worth $2m. It takes $1m to generate $40k at 4% withdrawal rate. Even if you are only at $2 to $2.5 M at 50, you’ll be at $5M at 60. It’s easy to doubles money over 10 years even conservatively. Add the value of your pension, your set $7 M at 60. Trust is definitely enough.

My DH is 49 and I’m 43. We were at less that $1 M when he was 40. Now we’re at $2.9M.
We just save aggressively, live comfortably but below our means.
Anonymous
Post 06/19/2025 15:15     Subject: 40 years old - what is your net worth?
2 bazillion dollars
Anonymous
Post 06/19/2025 11:57     Subject: 40 years old - what is your net worth?
Anonymous wrote:Couple, both 41 with 2 kids, 2.3 million net worth including 600k in equity in a rental home. We rent. Still investing but also just trying to enjoy life a bit while the world is so uncertain so not investing quite as aggressively… so probably not going to hit some huge number by 50.


We are quite similar except $1.4m is home equity. Still saving but spending on family vacations and similar until our kids don’t want to hang out with us anymore.
Anonymous
Post 06/18/2025 16:49     Subject: 40 years old - what is your net worth?
$300k net worth or a little less if my stocks went down - I checked last month and havent checked recently
Anonymous
Post 06/18/2025 14:07     Subject: 40 years old - what is your net worth?
36 and 40

$3.1M, most in brokerage account and 401(k)s. About $650k in home equity

Had a liquidity at work that bumped this up a bit
Anonymous
Post 06/18/2025 14:02     Subject: 40 years old - what is your net worth?
Couple, both 41 with 2 kids, 2.3 million net worth including 600k in equity in a rental home. We rent. Still investing but also just trying to enjoy life a bit while the world is so uncertain so not investing quite as aggressively… so probably not going to hit some huge number by 50.