If I had a million dollars

[corn18]

I'd be rich! Don't feel rich but since I have no one else to celebrate with, I come here.



2 good days in the market and we made it to the real 2 comma club. Hope it lasts more than 1 day.

Next milestone is $1M of retirement savings. Should fall later this year.

[PierceFerdy]

Congrats! That's a big achievement

[bjl584]

Nice work!

[disneysteve]

Awesome! Congratulations! Welcome to the club.

[james.hendrickson]

Totally inspiring, way to go Corn.

At some point can you give us an overview of how you did it? I think people here in the forums would really benefit from your experience.

[rennigade]

Totally inspiring, way to go Corn.

At some point can you give us an overview of how you did it? I think people here in the forums would really benefit from your experience.

Well...I think he makes over $400k/year...sooo..to all you youngsters coming out of college...start off by making $400k/year. Winning!

[disneysteve]

Well...I think he makes over $400k/year...sooo..to all you youngsters coming out of college...start off by making $400k/year. Winning!

Of course, despite that income, until a couple of years ago, he was drowning financially. A big income doesn't automatically get you a fat bank account if you blow it all on boats and BMWs.

It doesn't matter how much you earn. It only matters how much of it you keep.

[Fishindude77]

Congrats !
What is you age, if you don't mind my asking?

[corn18]

Of course, despite that income, until a couple of years ago, he was drowning financially. A big income doesn't automatically get you a fat bank account if you blow it all on boats and BMWs.

It doesn't matter how much you earn. It only matters how much of it you keep.

Nailed it. I made a lot and spent a lot more. Until I found this forum and read The Millionaire Next Door in 2013. My annual income is at $700k now and I am saving $350k / year. If I hadn't changed, I guarantee I would still be spending all of that income.

This is my income vs. net worth. I don't have any hard data before 2010, but it was always solidly negative. Until 2010, I had $0 in savings and lots of debt.



Age is 52.

[prosper]

Very impressive!!!

[LivingAlmostLarge]

corn would be the first person on here to tell someone drowning in debt that it's not how much you make, you probably make enough.

A bigger shovel only means getting into and out of debt faster, but you can easily go down the same hole.

[Gailete]

Congrats. Awesome and to know you had to change some bad habits to get there makes it that much more terrific!

[jamesg1]

Very inspiring! Even with that huge salary it still took 5 years for your net worth to overtake your salary. It's not how much you earn, it's how much you keep.

[Rocco1235]

What do you primarily invest in? And what was your biggest money makers out of everything you've invested in?

[corn18]

Very low cost index funds. U.S. Total Stock Market, U.S. Total Bond Market and Total International Market. 60% Stocks (of which 25% are international), 40% bonds.

That't it. I'm a boglehead.