My girlfriend is 30 and has a net wealth of $0.00. Is she totally screwed? Retirement?

30 yr olds in my area are divorced with 3 kids living welfare check to child support check. OP found a winner.

with you she's totally not getting screwed. with me should would be on the reg.

even with you i bet i could totally screw her on the reg.

70g wrote:

This came up in my life with a girl once back when I was 27 and dating a girl a year older than me. She was similar to my current girlfriend only she drove a crappier car and lived in an apartment I would be embarrassed to live in. She was very critical of me, particularly my spending habits, and I had to explain to her that if I was like her, if any guy was like her, they would be an untouchable and viewed as a total loser. I don't think she ever really got that.

I stand by my statement calling most of the posters here chumps. With dimwits like them for competition it's pretty easy to win at the game of life.

Except of course that life isn't a game. And one person doing well does not mean that another person is doing poorly.

So, other than being completely WRONG your statement made a lot of sense.

Spoken like a true chump.

70g wrote:

HOW CAN THIS BE REGISTERED?!? wrote:

Except of course that life isn't a game. And one person doing well does not mean that another person is doing poorly.

So, other than being completely WRONG your statement made a lot of sense.

Spoken like a true chump.

Ah, I see that you do indeed have the IQ of a retarded earthworm. That was certainly indicated by your previous post. Thanks for confirming.

You are now dismissed, retarded earthworm.

webby wrote:

Not sure where you live, but in the big cities, $5000 and $115,000 net worth are pretty much the same. That is to say, you are both just getting started, and education, networks, and marketable experience will determine how quickly you will amass wealth much more than your current savings.

I was flat broke at 30, but had accumulated nearly $1M at 40. At 50 I'm just working for satisfaction and maybe to fatten up my retirement income. My wife, who was in debt when we met for many years, has always pulled her weight and would be able to retire in her own right by 55 if she wanted. (She doesn't.)

5000 and 115,000 are the same? You are astonishingly bad at math and out of touch with reality. Median income in the US is around $36,000/year. Accumulating $115,000 in the first 8 years out of school is very impressive and is clearly ludicrously impossible for the posters here. That's why they're all being whiny little b!tches. I know many people in their 30s, 40s, and 50s who have far less than that.

I have a negative net worth and I'm 38.

200K income and own a house.

Not worried.

webby wrote:

Curious earner wrote:

Impressive. How did you manage that?

Just steady savings and careful investment. I didn't finish my PhD until I was nearly 40, but that's partly because I took on add much statistical consulting work as I could and had a full time job while writing my dissertation. My first $100,000 salary didn't come until I was 45.

Bull shat! You don't make 1M in 10 years when your salary is less than 100K.

My girlfriend is broke, quoth the OP,

Heiresses just aren't his cup of tea.

More moneyed dames sadly lavish away,

Impoverished chicks are the kind that he lays.

Make no mistake, though, he really has game,

But a lady of means just isn't the same.

He aims for the Letsrun trifecta, a quality life:

200k, sub 14, unemployed model wife.

learn to market wrote:

I have a negative net worth and I'm 38.

200K income and own a house.

Not worried.

Just curious - are you including your home equity in your net worth calculations?

bshat wrote:

webby wrote:

Just steady savings and careful investment. I didn't finish my PhD until I was nearly 40, but that's partly because I took on add much statistical consulting work as I could and had a full time job while writing my dissertation. My first $100,000 salary didn't come until I was 45.

Bull shat! You don't make 1M in 10 years when your salary is less than 100K.

Just a simple case of steady savings and careful investment (of a tiny little $400K inheritance)

Lol. Zuckerberg is 32 and he is worth over $50 billion. In addition, thousands of other men become millionaires by 31. If you're not first, you're last. You're losing at life, bro!

Now go smash some bugs to make yourself feel better.

Well, let me remind you that when you get old and are ready to die, you don't really need money for it.

I broke up with a girlfriend who sounded like you.

She sucked and continues to suck.

Don't be so tied into the future, dude. You could get hit by a f/cking dump truck tonight.

Retirement?

Most people have a very negative net worth at that age with car, student, and house loans.

areusure? wrote:

Most people have a very negative net worth at that age with car, student, and house loans.

Link? Maybe my maths is off but plopping down 20% on a house and borrowing the other 80% doesn't mean you're suddenly worth less by the value of the loan.

land-o-lakes wrote:

I broke up with a girlfriend who sounded like you.

She sucked and continues to suck.

Don't be so tied into the future, dude. You could get hit by a f/cking dump truck tonight.

Retirement?

I have good friends and enjoy my life. I've spent time in 30 different national parks and monuments over the last decade and a total time of 10 months abroad in 17 different countries. I buy anything I want. I just don't want for much and don't blow money on stupid things I don't want or need or care about and have had a roommate my whole adult life because I enjoy living with someone most of the time.

Some of you seem to think my goal is simply to amass the largest pot of gold possible. That's ridiculous. Money allows you comfort, freedom, having lots of cool experiences that enrich your life, and access to both quantity and quality of women.

It's like you guys have literally never thought about any of this ever. It's incredible.

My wife and I have a similar dynamic. I have a strong grasp of finances and I'm great at budgeting, saving and being financially responsible. My wife, when dating, was living paycheck to paycheck and her parents went bankrupt, so she got on the hook for her $20k in student loans.

Absolutely none of this was a factor for me when dating/marrying her. Together we are now in a strong financial position. Yes, I had to do a lot of the "work" to get us there. But you know what? My wife is amazing at things I'm not. She may not be the one to max out our savings and retirement, but if it wasn't for her, I'd still be eating ramen noodles, living in a pig sty and probably fat and out of shape. She's also super creative and my life is enriched by having her in it. This to me is worth more than if she was equally as good with finances as me.

Sorry, OP, but youre the source of the problem in this relationship.

Big Red wrote:

I declared bankruptcy when I was in my early 30s.

I'm in my late 50s now and I own two houses outright, no debt.

Planning, hard work, and yes a bit of luck / timing.

So maybe don't sweat it.

Me too, I declared BK at age 40 now have 13+ houses and am just managing them living large financially (can use a nice woman though). I say don't lose sleep over it.

Does she have a nice personality? Is she responsible?

My daughter is 29 lives in NYC makes good money but pays NYC rent and does not have much, but she is "living right". If your GF pays $600.00/mo in rent and blows her paycheck on garbage than she is not living right--then you have something to worry about. You probably do not need us to answer this, the answer is easily attainable using common sense on your end.