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.

Recent IconRecent

~100k

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That’s where my thoughts are at personally

Report submitted for repetitive content

funnylike

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

likehelpful

@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

funny

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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