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  • #31
    Originally posted by myrdale View Post
    It all depends on interest rates and the market, but my personal rule of thumb is doubling every 7 years. It looks like you're pretty close to this model:

    6/2014 - $1M
    1/2020 - $2M
    6/2024 - $3M

    And now the full part, projection...

    1/2027 - $4M
    1/2033 - $6M
    1/2040 - $12M

    I know it is a long way off, but the day will come!
    Maybe but part of it really depends on the draw down
    LivingAlmostLarge Blog

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    • #32
      Congratulations Rigz!!!

      You'll be at 4 million in no time at all!
      james.c.hendrickson@gmail.com
      202.468.6043

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      • #33
        In late 2020 I hit my first million in liquid investments (no real estate, etc...), then retired in June 2023 with $1.7 million. During this run up after the election I crossed two million which surprised me.

        Funny thing about a decade ago (actually now that I think about it, it was 15 years) I started helping my mother with her investments. Two years ago she was around $750k, and now she is not far from a million. There are days I think she is a better investor than I am. I guess I taught her well .
        Don't torture yourself, thats what I'm here for.

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        • #34
          Congrats! to everyone
          LivingAlmostLarge Blog

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          • #35
            another bump...

            18 months since $3m, we recently passed $4 million!

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            • #36
              Originally posted by james.hendrickson View Post
              Congratulations Rigz!!!

              You'll be at 4 million in no time at all!
              just got there!

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              • #37
                Originally posted by rigz View Post
                another bump...

                18 months since $3m, we recently passed $4 million!
                Awesome! It just keeps rolling along.

                I retired in May 2024 and we're up about $900,000 since I stopped working. It's crazy but I'm certainly not complaining. And now we are spending from that portfolio, too, so the real return is even higher.
                Steve

                * Despite the high cost of living, it remains very popular.
                * Why should I pay for my daughter's education when she already knows everything?
                * There are no shortcuts to anywhere worth going.

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