What is your current net worth and age group? I met a retirement advisor and I am starting to feel nervous. I will go first. Just trying to understand if it’s common for my age group to be in the range

I am 48 and net worth is $2.5 - 2.8M, about 50% equity in the house the rest is a mix of 401k/investments.

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I'm 52, have a net worth of $2.3M with the house. Good enough for me.

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I’m similar. What is your retirement goal?

28 31.7MM in invested assets. 2.1MM in auto investments. 14ish MM in real estate and a plan to buy as many houses as possible in the coming recession with financing already secured. Some of you are proud at your lazy lifestyle. Good for you…

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Late start, first gen immigrant, 41 yo
Roughly 400k in 401 and index funds, home 50% paid off, another 150k home (paid off) offshore.

Still long way before I can retire

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53; $6m in investment (including 401K); $3m in home equity (2 homes paid off), no debt and will retire with a $275k per year annuity from my current B4 retirement plan. We are immigrants so we have lived frugally and now started to enjoy the fruits of that.

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lol yep! Makes sense why I am nervous! Good for you both

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I’m about where you are. I got a late start in my career and have some unexpected expenses and had to pay all my way way through school, etc.

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40 and 120k

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42, 3.7m network with .5m in home equity. Rest in mostly index funds, HCOL city, targeting 52-55 retirement depending on schools kids go to

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Ditto hopefully no more than 56

Same as OP. Late start and not even near the other folks. Have about $700k in 401k and brokerage and $800k in home equity. Also have a property outside US for $700k fully paid. Am 47 now for reference.

Don’t despair. We have time to make up if we pull up our sock and save with a plan. I have adopted a minimalist lifestyle this year and henceforth. Only buy what I need not to please others. Good luck!

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56. With spouse $11M nw. $1.3 is home equity. $.3 in rental property equity rest is stocks and other investments.

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Ok, damn I feel poor lol… how? High earners = high savings = smart investments? Or frugal and smart investments? I just need about 10k to live during retirement as the house will be paid off.

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Ish. Generally my best investment has been holding low cost index funds, but dropping $25k into NVDA a while ago didn't hurt.

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44 ~2.5M with house and a retirement of around 75k a year

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38 $1.3m about half in house

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Wow! Are these numbers representative of individual or household net worth?

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Its household

You guys are rich.

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Both comments can be true tho :)

What are you going to do when the Federal Reserve Note dies? It’s coming very soon.

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What about this makes you nervous?

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My advice would be to not compare yourself to others, everyone’s journey and plan will be different as we all have unique needs. Work with your financial advisor on a good plan. As an example my salary has jumped a lot in just three years when I do one of those by this age calculations it’s off…

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50s
400k retirement and cash accounts.
300k foreign condo
CRE with 2 business partners.
- 12M CRE assets, depending on property valuation.
- Working on increasing CRE income to 200k/yr, then 600k/yr targeting 1.2M/yr for retirement.

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I'm 49 and we have a NW of 5.7M, 6.5M with the house, living in a HCOL area. Retiring after I finish off a couple obligations a couple years out.

49 and about 7M including about 700K equity on primary home.

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