What age were you worth $100,000?

Zero at 35.

100K at 38.

100K/yr soon after that

Invest in education, get a good job with a good retirement plan, max out retirement savings, save another 20% if you can, and invest wisely.

I'm worth about $5,000. I don't know how to get to $100,000. I work in Trader Joe's and don't want to move but would like to become a store manager eventually and work my way up the ladder. It would be nice to become a CEO or something like that but I don't know how to go about that. I would have to make the store do really well here first and then if the store gets much attention from the top they will invite me. If I rose to the top I would be laughing at 100,000.

I was 18, got 250k from my parents, used it to part finance an apartment though so I didn't have 100k in savings. Reached 100k in savings when I was 22, now at 24 I have about 150k in savings. Goal is to have a >1m net worth before 28. Realize I have been lucky to have gotten a lot from my parents, but now I do save a lot of my salary and invest. Have averaged a return of 16% the past 4 years and invest about 30% of my net salary.

51, made real bad decisions when i was young. thought there was more time. save now young lads.

not me wrote:

Alan Webbs Triceps wrote:

How are you able to pay for basic necessities (shelter, food, clothing, etc.)?

I work. I am lucky, I enjoy my job, so I don't need more money to make me feel successful. I get that feeling from other things.

Sounds like you have some interest in making money, then. You work -> make money -> pay for basic necessities -> stay alive

I think it's interesting that a thread about net worth brings out so many negative opinions and fallacies about money:

"people who measure net worth need money to feel successful"

Mr Finance wrote:

This isn't that hard of a question. Assets - Liabilities = Net Worth

+1

I have no interest in making money. Never have. I just don't see the point.

webby wrote:

Zero at 35.

100K at 38.

100K/yr soon after that

Invest in education, get a good job with a good retirement plan, max out retirement savings, save another 20% if you can, and invest wisely.

+1

+1 for a Webb name, too.

not me wrote:

I have no interest in making money. Never have. I just don't see the point.

How are you able to pay for basic necessities (shelter, food, clothing, etc.)?

Alan Webbs Triceps wrote:

How are you able to pay for basic necessities (shelter, food, clothing, etc.)?

I work. I am lucky, I enjoy my job, so I don't need more money to make me feel successful. I get that feeling from other things.

Not worth $100k now in mid 40s. Not worth $1k even. Well educated, articulate, capable, but have devoted my life to a charitable cause that I am passionate about but has never, and probably will never, pay well.

Life is a huge struggle. My family and I have had to make huge sacrifices. Life has not been easy in a multitude of ways, the finances being just one that makes everything else even harder. Paycheck to paycheck, no savings, no retirement, no healthcare of note, no dental plan, barely keeping one car on the road. Life is really tough. Birthdays and Xmas are horrendously tough. No vacations. No expendable income. No running races - can barely afford shoes and kit. Typing this on a computer so ancient it can barely be used for most tasks.

Sometimes I wonder if I could go back in time, knowing how difficult life has been, would I choose differently. Not sure. I am passionately committed to a cause and do a lot of good for a lot of people. But the cost has been brutal.

Parents are doing okay, so I may get a house of my own one day when they are gone. And got given $1000 or so in bitcoin, so if the "cheerleaders" are right, that might be worth something one day. LOL!

I do sometimes envy richer people - friends I know who are far less capable and yet have done well financially. But then, even now, I'm still not sure I'd swap places. I am at least glad I have not sold my soul, so to speak, in the pursuit of money. But I would really like to have just a *little* bit more.