What’s a good net worth to have by 30?

likefunny
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Anything positive is good

likesmart

You guys have worth?

funnylike

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.

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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.

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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).

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Im 30 and was able to save around 60k since I started working

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at least a million, USD, don’t spend it on dumb things like buying a home, let that million compound

likefunny

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

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What do you do for a living? if you don’t mind me asking.

I am at 380k at 31

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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.

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I'd say 250-500k

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Just be debt free and earning above the national average income. Then set goals for the next five years.

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Depends on your circumstance. I’m 23 with 110k saved now. Aiming for 500k by 30.

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I like at home and the S&P has done great over the past two years

Seven.

Good thread

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