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250k income 2M net worth at 40

3 kids in major metro burbs. Rate this life.
::...,.....,.........,
  02/10/19
How does that income get you to $2m at 40 in this scenario?
Nicholas Van Orton
  02/10/19
Some inheritance, some vested stock options in previous empl...
::...,.....,.........,
  02/10/19
cq
.,.,.;.,..,..,.,:,:,..,;.,::,..,:,.,.:,..:.,:.:,.
  02/10/19
You had money in the market this decade when stock prices tr...
ARE Reptile
  02/10/19
Constantly afraid you will be shitcanned at your next review...
ARE Reptile
  02/10/19
this
ptbarnum
  02/10/19
Good try but but even close on any point. Reasonable 750k m...
::...,.....,.........,
  02/10/19
Inhouse jobs are very easy to get shitcanned from. Unless yo...
ARE Reptile
  02/10/19
CR
longwangpoontang
  02/11/19
ran here
longwangpoontang
  02/11/19
Sounds kind of shitty to be honest. I am 38, we have HHI of ...
disco fries
  02/10/19
Total HHI is about 350 but I write off my wife's because it ...
::...,.....,.........,
  02/10/19
So? I used to make 4x as much and it all fell apart. You liv...
disco fries
  02/10/19
THIS
ARE Reptile
  02/10/19
Yeah I guess I could get fired tomorrow and the market could...
::...,.....,.........,
  02/10/19
It fell apart because you’re a fat alcoholic
??????????????
  02/10/19
Whats the story
ADDERALL
  02/11/19
What does wife do? Why not stay at home if child care is cos...
'""'''""'
  02/10/19
You must not be a married bro
::...,.....,.........,
  02/10/19
Is this a “MY SELF ACTUALIZATION” through work t...
'""'''""'
  02/10/19
Six figs and can’t afford a doctor?
'""'''""'
  02/10/19
Doctors are for those earning $600k+
disco fries
  02/10/19
Stopped reading at “inheritance”
'""'''""'
  02/10/19
u maed it
Mormon missionary (only posts on WSHH and xo)
  02/10/19
Breakdown the net worth. How much in real estate equity, how...
calishitlawguru
  02/10/19
Not going in details but most of it is in investments. I ha...
::...,.....,.........,
  02/11/19
Kind of a mediocre outcome for the coast, tbh. If in flyover...
.,.,,.;;...;;.;;;.;.;.....;.;;;;.....;
  02/11/19
It’s a position of huge advantage if you can invest to...
.....;;,,.........;.;.;.;.,;,;,;.;.;,;
  02/11/19


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Reply Favorite

Date: February 10th, 2019 9:41 PM
Author: ::...,.....,.........,

3 kids in major metro burbs. Rate this life.

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37760666)



Reply Favorite

Date: February 10th, 2019 9:43 PM
Author: Nicholas Van Orton

How does that income get you to $2m at 40 in this scenario?

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37760678)



Reply Favorite

Date: February 10th, 2019 9:44 PM
Author: ::...,.....,.........,

Some inheritance, some vested stock options in previous employer. Wife works too so total hhi is more like 350.

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37760683)



Reply Favorite

Date: February 10th, 2019 9:45 PM
Author: .,.,.;.,..,..,.,:,:,..,;.,::,..,:,.,.:,..:.,:.:,.


cq

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37760684)



Reply Favorite

Date: February 10th, 2019 9:45 PM
Author: ARE Reptile

You had money in the market this decade when stock prices tripled is how.

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37760687)



Reply Favorite

Date: February 10th, 2019 9:44 PM
Author: ARE Reptile

Constantly afraid you will be shitcanned at your next review or your company will be bought out and your job eliminated. Endlessly afraid you will go upside down on your million dollar McMansion when property values inevitably plummet. Constantly raging at your 30k property tax bill or the kids 30k private school tuition. Pissed as fuck when your BMW goes off warranty and you need a new $8k transmission. Praying for death at the end of yet another 60 hour work week.



(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37760682)



Reply Favorite

Date: February 10th, 2019 9:45 PM
Author: ptbarnum

this

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37760685)



Reply Favorite

Date: February 10th, 2019 9:46 PM
Author: ::...,.....,.........,

Good try but but even close on any point. Reasonable 750k mortgage. Secure chill inhouse job where no one gets fired. Never missed a kids game and havent worked a weekend in over two years.

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37760691)



Reply Favorite

Date: February 10th, 2019 9:50 PM
Author: ARE Reptile

Inhouse jobs are very easy to get shitcanned from. Unless you’re the actual GC you are probably there to just work on one kind of deal flow or some kind of action plan and when your action plan is done or a particular deal flow dries up you are fired. They also overstaff like crazy. This is why on LinkedIn you see inhouse duders jumping cos every 3-5 years like clockwork.

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37760711)



Reply Favorite

Date: February 11th, 2019 5:26 AM
Author: longwangpoontang

CR

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37761866)



Reply Favorite

Date: February 11th, 2019 4:48 AM
Author: longwangpoontang

ran here

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37761837)



Reply Favorite

Date: February 10th, 2019 9:45 PM
Author: disco fries

Sounds kind of shitty to be honest. I am 38, we have HHI of approx. $145k and a net worth of about $600k and it is absolute slave-level hellish. We can not afford anything. No nights out, no alcohol, no doctor visits. Vacation or saving for college? Lol. At $250k, you’ll still have nothing. Maybe some more savings but basically nothing.

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37760689)



Reply Favorite

Date: February 10th, 2019 9:48 PM
Author: ::...,.....,.........,

Total HHI is about 350 but I write off my wife's because it basically covers child care and could disappear at any point.

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37760702)



Reply Favorite

Date: February 10th, 2019 9:50 PM
Author: disco fries

So? I used to make 4x as much and it all fell apart. You live in America dude. Nothing is guaranteed. You could be on the breadlines in a fortnight.

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37760707)



Reply Favorite

Date: February 10th, 2019 9:52 PM
Author: ARE Reptile

THIS

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37760716)



Reply Favorite

Date: February 10th, 2019 9:53 PM
Author: ::...,.....,.........,

Yeah I guess I could get fired tomorrow and the market could tank and real estate could fall off a cliff. Will still be way less fucked than 95% of america.

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37760726)



Reply Favorite

Date: February 10th, 2019 11:18 PM
Author: ??????????????

It fell apart because you’re a fat alcoholic

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37761138)



Reply Favorite

Date: February 11th, 2019 4:22 AM
Author: ADDERALL

Whats the story

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37761819)



Reply Favorite

Date: February 10th, 2019 9:52 PM
Author: '""'''""'


What does wife do? Why not stay at home if child care is costing you 100k

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37760714)



Reply Favorite

Date: February 10th, 2019 9:52 PM
Author: ::...,.....,.........,

You must not be a married bro

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37760717)



Reply Favorite

Date: February 10th, 2019 9:54 PM
Author: '""'''""'


Is this a “MY SELF ACTUALIZATION” through work thing?

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37760732)



Reply Favorite

Date: February 10th, 2019 9:50 PM
Author: '""'''""'


Six figs and can’t afford a doctor?

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37760706)



Reply Favorite

Date: February 10th, 2019 9:51 PM
Author: disco fries

Doctors are for those earning $600k+

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37760712)



Reply Favorite

Date: February 10th, 2019 9:50 PM
Author: '""'''""'


Stopped reading at “inheritance”

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37760710)



Reply Favorite

Date: February 10th, 2019 9:52 PM
Author: Mormon missionary (only posts on WSHH and xo)

u maed it

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37760718)



Reply Favorite

Date: February 10th, 2019 11:02 PM
Author: calishitlawguru

Breakdown the net worth. How much in real estate equity, how much in retirement accounts, how much in cash, how much in taxable investments, and what are your expenses.

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37761066)



Reply Favorite

Date: February 11th, 2019 11:14 PM
Author: ::...,.....,.........,

Not going in details but most of it is in investments. I have a healthy 401k and some real estate equity but that is like 25% of net worth. Expenses are normal- paid off LS loans so mortgage (3.5k), nanny, car, 529 plans for kiddos. Wife is a thriftmo and spends next to nothing.

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37767139)



Reply Favorite

Date: February 11th, 2019 1:03 AM
Author: .,.,,.;;...;;.;;;.;.;.....;.;;;;.....;


Kind of a mediocre outcome for the coast, tbh. If in flyover, then congrats.

Also 3 kids? LOL good luck

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37761483)



Reply Favorite

Date: February 11th, 2019 4:57 AM
Author: .....;;,,.........;.;.;.;.,;,;,;.;.;,;


It’s a position of huge advantage if you can invest to predict what parts of the country/economy will die slowest or ideally endure. What’s coming up is basically this generation’s sector/commodity bust before they reinflate the bubble and kick the can down the road again. It may all be going to hell in 30 years, but if you time the volatility of the next 5-10 that’s your best chance to become a warlord that can pay an army of mercenaries.

(http://www.autoadmit.com/thread.php?thread_id=4199122&forum_id=2#37761846)