Related Posts
Best perks/benefits of working at Google?
Why is Deloitte’s 401k match do anemic?
Community Builder
More Posts
“Can you show me an example of great teamwork?”
Me:
Best big law firms for white collar defense?
What’s the EB1A wait time for GC?
Why is this bowl so quiet?
Additional Posts in FIRE Financial Independence Retire Early
Decided to payoff my mortgage.
What are the best cities to live in for FIRE?
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
Would like to retire in the next 5ish years but may go part time for a while after that. Current NW is $4.8M (fairly even split between retirement accounts and brokerage accounts with not a ton in house equity because we bought recently). 2 kids in Atlanta (in one of the higher cost of living areas in the city)
52 with net worth 5M in bay area. I had kids late in life and I feel like I should keep working at least part time until they’re out of college. Would love to find a less demanding job that’s more fun!
anybody single 👀🙃
Analyst 1 - Feel free to DM. Messages aren’t working for me.
41, I plan to retire in 2 years.
NW currently around $2.8M, it should hit about $4.8M by retirement with the inclusion of an inheritance coming later this year.
40…planning to “retire” into a different career that’s less demanding at 45. $8m net worth today and targeting $15m at 45.
How are you able to do that??
7.2 NW at 47 years old. Plan to retire in 8 years when kids are in college, but not sure this awful industry will keep my old ass around for that long. If it does, I wanna reach 12m, 10 of which is invested.
I rarely see creative folks in this bowl! I’m aware that I may age out of the industry more quickly than I’ll probably like so that’s why I try to save more aggressively.
I'd like to retire in the next 8 years, barring any crazy, unforeseen circumstances. I have $2.1m in net worth and investments. 38 years old. LCOL area.
1.6m at 35. Would love to retire at 45 but just had my first of hopefully two kids, so probably at least 20 years away :)
Congratulations
SF Bay Area; $7.4M (not including $2.5M house with $1.3M left at 2.75%). Save at least $150k per year (though savings may be dropping to $80k).
Coach
Op- surprised you have amassed so much but “only” saving 80k/year. Have you throttled saving back or have you just been doing this for more years than I’m assuming?
I started the journey in early 2000s with lower amount per year and gradually increased to $80K/year. After $1M in investment, SP500, QQQ, NVIDIA and a few other ETF/stocks do the heavy lifting.
Thank you all for sharing/discussing this sensitive topic. It’s great to know everyone posted in this thread is prepared and ready/be ready when the time is right to retire. Wishing all a successful 2026 and beyond. ❤️🌟
$18m with another $1m in home equity, save $100k/yr, 39. For some reason, nervous about not having good habits in place and stepping back and running through the $. Anyone else have this fear?
39 is very young to retire / stop contributing to this world. But I see your point. My brother has similar net worth and is still working (part time). To put it in perspective, SP500 returns has been 10% to 11% average over the last 20+ years. In other words, if you invest 18M in sp500, you will have 1.8M annually and never touch your principle. Of course I over simplified it but hope you see the point. I recommend you to have a heart-to-heart discussion with your financial advisor. Congratulations and best of luck! 🌟
Mentor
6-10 years out. California. Above $9nw right now. Don’t have exact in front of me. Not sure how you define investment amount. Between 401-k and brokerage is about half the nw.
$2.9M, 41M, North East and saved $111k last year + $52k in 401ks. Would scale down work by 30-40% indefinitely if the opportunity presented itself. Too afraid to retire completely since I have kids and invested a lot in my career.
Subject Expert
When I am that close to retirement I intend to be in the process of gliding down from 100% equity to a retirement allocation in the vicinity of 70% equity.
50 years old living in NY Metro suburbs. Current net worth $5.3 mm. Definitely plan to retire within the next ten years but still unsure of when within that range. I max out 401k annually and contribute to child's college savings. Need to work in some t non-taxable investments in the coming few years so started contributing to company Roth 401k using the "catch up contributions for 50+ yo" rule starting in 2026.
Real estate excl. mortgage balance: $1.4mm
Cash: $108k
Retirement accounts: $2.7mm
Regular brokerage accounts: $938k
Unvested company stock: $51k
Not included in net worth calc but relevant:
- College savings for 15 yo: $294,190 in various investments and cash
I also find it incredibly motivating to learn from people who plan and save so intentionally.
I’m turning 40 this year and also planning to retire around 45. My goal is to enjoy life a bit more and, at the same time, make room for younger generations to grow into leadership roles. I’d really love to learn from everyone here about how you’re thinking through the last stretch before retirement.
Pushing hard to stay focused on saving and not letting lifestyle creep sneak in. Would love to get into mentoring young adults looking to get into professional services and/or who are interested in learning personal finance once I retire from the grind.
Counting primary home equity in household net worth always seems dubious to me. Its most illiquid and almost nobody harvets that equity to move to a double-wide in rural Alabama. Net worth excluding primary home equity is a more conservative number.
Subject Expert
You mention "a double wide in rural Alabama" as the example of downsizing to liberate home value, but the OP has a $2 million house. They could recover two thirds, three quarters of their house value by downsizing to a big family house in a posh area of the Northeast, or a fancy condo in downtown Seattle or Chicago, or a nice cabin in Montana or Connecticut, or other very nice dwellings.