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Rising Star
250k at 25 is great NW
I’m 30 and $130k net worth. You’re doing fine
A lot of liars, trust fundies on this app. If you start your career at 22 with no student loans, even if you live with your parents for the next 3 years, you are unlikely to be at 250k NW
Invest 50% of your salary and don’t look back, don’t need to size yourself up
Pro
250 at 25 is nuts. Good on ya if you can get that. I think it's great.
😂😂😂😂
Pro
I think I heard your salary by 30 is a good target
I'll be lucky to be in the positives by 25 with all the student loan debt
I had ~200K at 25, and then was able to save 100K a year while at BCG - so if you are able to get promoted to a job making $200k+ and do not have kids yet you can shoot for more than 500K by age 30 if you want to.
500k by 30 is a great target then a million by 35
Am age 24 @$125k NW although $50k was inherited
I am 30 at around $200K net worth. I don't have any real estate; it's all cash, ETFs, and crypto (ETH). I began at $0 (no cash, etc. from parents) and had debt from undergraduate and a year of graduate school (about $70K, so -$70K). I started off making $50K and now I am at $150K. However, I have "lived my life" with many domestic (NYC, Chicago, DC, Denver, etc.) and some international trips (Canada and Mexico, no European ones yet), plenty of eating out, and living alone in safe places. I feel like there's not much better I could have done with the exception of not going to graduate school which would have let me enter the job market faster (I dropped out, so no value add). If someone has $250K at 25 they are doing very well. $500K at 30 is exceedingly well. Again, this is all assuming a "starting from scratch" trajectory. That's about as objectively as I can view it.
You tell me Mr data scientist.