For anyone with net worth over 1M, to what do you attribute your financial success? Salary, marriage, stock, etc.

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Getting lucky with real estate appreciation. Marrying an equally high earner with similar financial goals/mindset. Saving, investing high % into passive funds and leaving them there forever (I have no idea how to “trade” or what options/puts are). Targeting high-salaried jobs. Always keeping a thick margin with lifestyle vs income and not getting too fancy. Using the lens of “quality over quantity” when approaching nearly every decision in life.

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Get good at something, stick with it, don’t spend too much.

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Alimony

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Worth a mil and more in Monopoly money. Does that count?

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Getting paid 500K TC as a fresh grad

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OF

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Serious answer - I've been frugal and invested well from back in my 20s. I have no debt of any kind - own my home and cars outright - and only spend what I can immediately pay off. Student loans and everything but mortgage paid off in my 20s. Mortgage payed off by 40s. Invested enough to pay for kids college and retire on my terms when I'm ready. So long as you invest the bulk of each year's raise and keep doing so, getting to million dollar net worth by 30s was easy.

Being a frugal bastard.

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Bitcoin bought and held a bunch in 2012.

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I know you rich rich.

Best path is taking advantage of 401K matching fully and maybe beyond and then home ownership. This is at least two streams forcing your income into investment. The instant typical 50% return on matching funds is a no brainer and much be used. Home ownership then forces a bunch of the payment toward principal/equity and then you have the appreciation and inflation adjustment with that vs. wasting money on rent.

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Should bloated home value count towards net worth? Probably shouldn’t (not even the equity component, unless discounted to pretty much nothing). Your bloated rental property value, yes. Where you rest your head? That’s an expense for life (mortgage, taxes, maintenance, repair). Realistically, most can never exit that position. When you do exit, either lifestyle takes a huge hit, or you re-invest into the same cycle of expense for life.

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Op, half of that can be considered financial success . Depends on your personal goals and ambitions and where you started.

DINK life and a spouse that out earns me by a factor of 3x. Also maxing out 401k each year since 2001. That alone pushes the NW over the 1m mark.

I got old and boring

Financial mindset, tech stocks, and mainly rental real estate

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