{ "media_type": "text", "post_content": "How much money do you think a typical late 20s management consultant has in investments/cash/401k (overall savings)? I want to exclude those with cash from parents. \n\nI know there’s no real answer given the large variety of different factors at play, but just curious what people would think.", "post_id": "5f24b2df734ce9001a8a3108", "reply_count": 70, "vote_count": 1, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting" }

How much money do you think a typical late 20s management consultant has in investments/cash/401k (overall savings)? I want to exclude those with cash from parents. I know there’s no real answer given the large variety of different factors at play, but just curious what people would think.

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I’m 29. $440K. About $300k is stocks. $100k cash. And remaining is 401K. All self made. I got lucky with my stocks from working at FANG before entering consulting. Now I’m saving hopefully at least $100K a year and more as I get more senior.

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No worries man. You’re doing good now. Just keep smart, save, and invest

I’m 25, roughly $260K across cash/investments/retirement. Renting. Started in consulting out of undergrad in a HCOL city with no college debt and no crazy expenditures (2 smaller vacations a year, ate out 1x week). A lot of it “snowballed” in the past two years. I’d imagine I’d be at around $500K in my late 20s if I stuck to this standard of living.

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C3, yep, sounds right.

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~100k

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That’s where my thoughts are at personally

Report submitted for repetitive content

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Hahah, you serious?

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Read the 100s of other posts with this exact same question answered 100 other times. Or just stop comparing yourself and live a life you enjoy and fills you up 🤷🏻‍♂️

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Great no content comment

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For reference, I’m at $155K net worth @ age 25, M, single, HCOL: - $45K cash - $55K in retirements / Robinhood - $60K equity in rental prop - No inheritance

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@TC1 - Currently live with roommates in one of my rental units. Previously, also lived with roommates.

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About ~3K to my name #YOLO

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I appreciate the feel good post

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300k

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Highly doubt it OW1 lol who shares savings with coworkers. But yeah M1 70K is reasonable with 200K salary, but at age 22-24 you don’t make 200K even at top consulting. You hit that around 25-26 typically

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75K - 250K depending on student loans and salary

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Yeah, such a wide range, but sounds right

1 mil. Just hit the number a few weeks back. All self made

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Yeah have jumped around but worked at those types of firms. I started at 21 and got promo to associate fast and saved a lot more earlier in my career and rent and expenses were low. I honestly don’t put that much, maybe half. It’s all that compounding son.

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Also hugely depends where you live. NYC = probably less savings generally

I feel that

Wow... I’m behind lol I have about $60k in DC

D3, this thread is about the typical late 20s management consultant, not the typical US citizen

32 here with ~$350k, most of which happened in the last few years.

If your married then NW can be more as house hold

I'm 26 and I have $20k. However I just started working a year ago.

I was basically the same

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