MLCKAA 395 Posted March 3, 2021 Age and net worth? I’m 47, wife 46 (36c) and our net worth is $610k. She just got a SAR incentive that’s gonna pay her anywhere from $700k to $1M if she stays with her employer for 7 more years, so that’s a game changer. 1 1 Share this post Link to post Share on other sites
fandandy 3,311 Posted March 3, 2021 48 and low enough that I had to google what a SAR incentive was. 2 Share this post Link to post Share on other sites
Patriotsfatboy1 1,432 Posted March 3, 2021 52. $eleventy-billion I don’t know our net worth. I know we have no debt and enough in savings to meet near term needs and our long-term retirement needs. Have money put away for college to cover my youngest who is heading to college in the fall, but we will still have him take out some loans to have skin in the game. Share this post Link to post Share on other sites
BeenHereBefore 1,331 Posted March 3, 2021 I'm like George Bailey I'm worth more dead then alive. Share this post Link to post Share on other sites
Drizzay 645 Posted March 3, 2021 A couple of thousand. We are the epitome of living paycheck to paycheck. 1 Share this post Link to post Share on other sites
MLCKAA 395 Posted March 3, 2021 2 minutes ago, Drizzay said: A couple of thousand. We are the epitome of living paycheck to paycheck. Not like much of mine is cash. Almost all retirement savings and home equity. Share this post Link to post Share on other sites
shorepatrol 1,737 Posted March 3, 2021 Wife and adult kids will be fine if I kick off. I'm good Share this post Link to post Share on other sites
Gladiators 1,904 Posted March 3, 2021 You wouldn’t believe me anyway. Share this post Link to post Share on other sites
SUXBNME 1,324 Posted March 3, 2021 Around 800,000k shillings Honestly, I don't know Share this post Link to post Share on other sites
Frozenbeernuts 1,652 Posted March 3, 2021 A lot less after the divorce was finalized in Jan Share this post Link to post Share on other sites
porkbutt 861 Posted March 3, 2021 about about 100 dollars Share this post Link to post Share on other sites
TimmySmith 2,782 Posted March 3, 2021 X, alive. 3x, dead. Share this post Link to post Share on other sites
Bill E. 666 Posted March 3, 2021 8 hours ago, MLCKAA said: Age and net worth? I’m 47, wife 46 (36c) and our net worth is $610k. She just got a SAR incentive that’s gonna pay her anywhere from $700k to $1M if she stays with her employer for 7 more years, so that’s a game changer. That is only good if she stays with you that long. Share this post Link to post Share on other sites
Alias Detective 1,179 Posted March 3, 2021 46 wife 56 just shy of a mill. Share this post Link to post Share on other sites
Old School 360 Posted March 3, 2021 3 hours ago, Frozenbeernuts said: A lot less after the divorce was finalized in Jan Isn’t that the truth! Share this post Link to post Share on other sites
NorthernVike 2,080 Posted March 3, 2021 Mine is very subjective. Half depends on how much I can get for my half of the business. No long term debt which is nice so I'd say somewhere between 800 and 1.6. 1 Share this post Link to post Share on other sites
dain11279 927 Posted March 3, 2021 This year I made $49 million, which really pissed me off cuz it was 3 short of a million a week. Share this post Link to post Share on other sites
Kopy 489 Posted March 3, 2021 43. Truck will be paid off in 5 more payments. House will be paid off in 12 more years. Have about 15k in the bank. As of this moment, I'm looking at a pension of about 1500 a month. And have about 300k in 401 savings. So nothing that i can brag about. But assuming i can stay healthy and do as good in the next 20 years, as I did in the last 25. We should be pretty comfortable. 1 Share this post Link to post Share on other sites
tubby_mcgee 686 Posted March 3, 2021 Age 48, married. Just short of 2 mil _________________________ 1.42 mil in retirement account as of this a.m 335k house 45k vehicle 1 (depreciated value) 30k vehicle 2 (depreciated value) 50k in toys and 2 other vehicle (depreciated) 80k cash 40k checking 1 15k checking 2 No debt. My "job" is a "ya just never know" sort of thing. Hoping to be able to not touch the 1.42m (this amount obviously fluctuates with the market) for 10 more years. I have been wondering for the past 10 years.... "what's am I gonna do for a job when 'this' goes away?" . Luckily it hasn't. Knock on wood. Also, I have been looking for the next opportunity/business to start. Share this post Link to post Share on other sites
Big Guy 1,400 Posted March 3, 2021 whatever GOD says I'm worth Share this post Link to post Share on other sites
Rusty Syringes 478 Posted March 3, 2021 Probably not much. I bought it at Academy decades ago and caught a couple of crabs with it. 1 1 Share this post Link to post Share on other sites
Mike Honcho 4,014 Posted March 3, 2021 My dad me that I wasn't worth a squirt of pizz, so not much. 1 Share this post Link to post Share on other sites
edjr 5,552 Posted March 3, 2021 My fidelity account was worth A LOT more 2 weeks ago, lets just say that Share this post Link to post Share on other sites
GutterBoy 2,277 Posted March 3, 2021 You guys that are millionaires, what do you do for a living? Did you start from $0 or did you get money from parents? 1 Share this post Link to post Share on other sites
Patriotsfatboy1 1,432 Posted March 3, 2021 4 minutes ago, GutterBoy said: You guys that are millionaires, what do you do for a living? Did you start from $0 or did you get money from parents? A million isn't what it used to be and many people are late 40's, early 50's. That is 25-30 years of work to get there. I know that I did not have debt coming out of college, but did not get anything from my parents. My wife and I are savers and do decent from an income standpoint. Share this post Link to post Share on other sites
NorthernVike 2,080 Posted March 3, 2021 9 minutes ago, GutterBoy said: You guys that are millionaires, what do you do for a living? Did you start from $0 or did you get money from parents? My brother and I took over the family business. He's 9 years older than I but hasn't saved a focking dime. I live within my means for the most part. I have a camper at the lake instead of a lake home type of thing. Paid off my house before I was 40. Granted, living in northern Minnesota helps a lot with the cost of living. Share this post Link to post Share on other sites
tubby_mcgee 686 Posted March 3, 2021 32 minutes ago, GutterBoy said: You guys that are millionaires, what do you do for a living? Did you start from $0 or did you get money from parents? First off, a million ... if you don't have money coming in, will go away fast. My monthly spend is a lot. I actually am trying to get it down. "Millionaire" ... is a funny term. A million isn't what it used to be. Again, lose job/career...it will vanish fast. I feel vulnerable all the time, and money is my biggest worry. For me...I've gotten ZERO from anyone. No inheritance, no gimmes. None. Started a business when I was nearing the end of college (teaching/coaching degree), it went well from 1996 to 2002. 2002 to 2006 it declined fast when cell phones became mainstream. I spun that off into something else....that with complete luck, went ballistic for a few years (I was making 100k per month for about 6 months in 2014. Bell curve on both sides of 2014). Its since been good and fairly stable, but not like it was in 2014. I doubt I'll ever see that kind of $ again. Share this post Link to post Share on other sites
Patriotsfatboy1 1,432 Posted March 3, 2021 44 minutes ago, tubby_mcgee said: First off, a million ... if you don't have money coming in, will go away fast. My monthly spend is a lot. I actually am trying to get it down. "Millionaire" ... is a funny term. A million isn't what it used to be. Again, lose job/career...it will vanish fast. I feel vulnerable all the time, and money is my biggest worry. For me...I've gotten ZERO from anyone. No inheritance, no gimmes. None. Started a business when I was nearing the end of college (teaching/coaching degree), it went well from 1996 to 2002. 2002 to 2006 it declined fast when cell phones became mainstream. I spun that off into something else....that with complete luck, went ballistic for a few years (I was making 100k per month for about 6 months in 2014. Bell curve on both sides of 2014). Its since been good and fairly stable, but not like it was in 2014. I doubt I'll ever see that kind of $ again. Maybe we should define "millionaire". If it means having a net worth over $1m, then I think that is a much broader group than it was in the past. If it means someone who makes more than $1m per year, then that is completely different. Share this post Link to post Share on other sites
tubby_mcgee 686 Posted March 3, 2021 17 minutes ago, Patriotsfatboy1 said: Maybe we should define "millionaire". If it means having a net worth over $1m, then I think that is a much broader group than it was in the past. If it means someone who makes more than $1m per year, then that is completely different. If you're making a million a year...you should be a MULTI-millionaire. Share this post Link to post Share on other sites
Mookz 1,287 Posted March 3, 2021 It's a nice net, and definitely comes in handy, but at this point, probably only a few bucks. 1 Share this post Link to post Share on other sites
Patriotsfatboy1 1,432 Posted March 3, 2021 1 minute ago, tubby_mcgee said: If you're making a million a year...you should be a MULTI-millionaire. Depends on hookers and heroin, though. Share this post Link to post Share on other sites
tubby_mcgee 686 Posted March 3, 2021 1 minute ago, Patriotsfatboy1 said: Depends on hookers and heroin, though. That is true also. Lots of ways to blow through money on cocaine and hookers and "living the lifestyle". I think what happens to a lot of people...they start making gobbs of money, spend as thought making gobbs, then quit making gobbs, but keep spending as though making gobbs. Share this post Link to post Share on other sites
t.j. booker 206 Posted March 3, 2021 I have no 401(k), property or savings and ten grand in credit card debt. But at least I’m fat. Share this post Link to post Share on other sites
Patriotsfatboy1 1,432 Posted March 3, 2021 1 minute ago, tubby_mcgee said: That is true also. Lots of ways to blow through money on cocaine and hookers and "living the lifestyle". I think what happens to a lot of people...they start making gobbs of money, spend as thought making gobbs, then quit making gobbs, but keep spending as though making gobbs. I think that my brother is in that boat now. Had all sorts of money. Spent it like that well would never dry up and it dried up. I am not sure because he would never admit it if it did dry up. Share this post Link to post Share on other sites
tubby_mcgee 686 Posted March 3, 2021 1 minute ago, Patriotsfatboy1 said: I think that my brother is in that boat now. Had all sorts of money. Spent it like that well would never dry up and it dried up. I am not sure because he would never admit it if it did dry up. What did he do to make the money? Why did it stop? Share this post Link to post Share on other sites
Old School 360 Posted March 3, 2021 1 hour ago, GutterBoy said: You guys that are millionaires, what do you do for a living? Did you start from $0 or did you get money from parents? I started with the 401k- small contributions at first and increased until I was putting in 20% of my pay. Tried to diversify my mutual funds but the aggressive growth funds paid off in the long run- though it was a bumpy ride. My employer only kicked in 25 cents on the dollar up to the first 3% you put in. Then he stopped the match totally. I continued to contribute anyway. I also started a couple aggressive growth mutual funds outside of retirement- sometimes the dividend kicks your ass at tax time, but it’s ok. I started with $100 a month and ultimately got to $200 a month. Haven’t contributed anything in 10 or 15 years and they are up over $100k each. It just takes time and the strength to not panic sell during a downturn. IMHO. Share this post Link to post Share on other sites
peenie 1,690 Posted March 3, 2021 I don’t have anywhere near what you all are worth and am too ashamed to reveal my paltry savings. Congratulations on your wife’s incentive. Share this post Link to post Share on other sites
Patriotsfatboy1 1,432 Posted March 3, 2021 18 minutes ago, tubby_mcgee said: What did he do to make the money? Why did it stop? He sold software and had a couple of companies that he started. It dries up when you stop selling software. Share this post Link to post Share on other sites