What type of net worth are you sitting on at 30yrs/35yrs/40yrs? Do most people here have their net worth tied up in their primary residence? Seems like a Canadian thing

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30 years, $100k in savings, no more student or car debt. Plan to put $60k into a house soon (10% down), $40k for emergency fund in the event of job loss (6ish months), keep working and living frugally where possible.

likesmart

Well done!

Fluctuates between 850-900k depending on the markets. Nothing tied up in housing.

I currently rent and invest my residual income. I understand that people like having a residence they own, I just prefer the flexibility of renting right now.

likesmart

OS1: SVP1 is correct. To add some context, yield = interest or dividends / security price. So if the price decreases (a bad thing), yield increases. There are also other red flags associated with high-yield securities (eg company paying too much of their earnings to investors instead of reinvesting it in growing the company or reinforcing their liquidity, bonds that pay high yield are usually at a higher risk of defaulting).

C1: I’m 33.

smart

Husband and I are 37/38. Net worth just over $1.3M. 60/40 real estate and investments.

likefunny

Real estate makes up the lion’s share for me. Two homes (both mortgage free ~$900k each - 1 primary residence and the other is steady cash flow rental). Real estate 82% / other 18% but if I pull my primary residence alone since I consider the other home as an investment I’m at 41 primary residence / 59 investment. Mid-40s. Our plan was cash flow. 2nd home was to supplement my garbage (DCPP) pension as my wife will have cash for life with her Ontario teachers pension and retire mid 50’s.

likefunny

30s it's like 50/50 for me. My condo and investment RRSP, TFSA, GRSP, etc. Overall I think it's all close to 200K.

likefunny

32, 400k nw, about 75/25 split between condo equity and stocks.

likefunny

$200k+ in cash, ~$1M in stock investment, no real estate yet. Still renting! Car loan 65k due.

I am 36.

funny

Not in my 30s yet but (27F) 170k
Looking for tips in the comments

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