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Anything positive is good
You guys have worth?
I know someone who was in debt and not working until his mid thirties. Then he finished school. 20 years later, he’s an ophthalmologist who makes over $3 million a year and lives in a mansion and has 15 cars. I’m not sure having savings at 30 is particularly important if you’re laying the groundwork for success.
There are simply way to many variables that differ from one person to the next to answer this question. Personally I’d rather think of it as - is my current state set up for the retirement that I want. Your net worth right now, as a 30 year old that works is irrelevant, my opinion.
By 30, in my opinion, you should have 100-300k saved up and grow that by investing, don't just put it in a typical savings account. Also, debts paid off (not incl. mortgage).
Im 30 and was able to save around 60k since I started working
at least a million, USD, don’t spend it on dumb things like buying a home, let that million compound
Who says it has to be a Canadian company
I’m 29 and at $130k fiscal net worth
Moved to Canada from a 3rd world country two years ago
What do you do for a living? if you don’t mind me asking.
I am at 380k at 31
It depends on your income, saving, and spending habits, as well as how many years you've been earning. For example, in my 20s, I worked for only 4.5 years and had about $17k by my 30th birthday. Then, I landed a high-paying job, and my bank balance skyrocketed to several hundred thousand dollars within a few years after I turned 30.
I'd say 250-500k
Just be debt free and earning above the national average income. Then set goals for the next five years.
Depends on your circumstance. I’m 23 with 110k saved now. Aiming for 500k by 30.
I like at home and the S&P has done great over the past two years
Seven.
Good thread