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Financial Milestone

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  • #1

    Financial Milestone

    I reviewed my accounts for February and realized that my brokerage account rolled over into 7-figure territory.
    Adding in our real estate portfolio, and we are approaching a $2 million-dollar net worth.

    I'm 47, wife is 51
    Mortgage is our only debt.
    $140K balance, 12.5 years remaining on the note.



    Brian
    Tags: None
  • #2
    congrats! Amazing job!
    LivingAlmostLarge Blog

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    • #3
      Congratulations!
      History will judge the complicit.

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      • #4
        Congratulations BJ - that's wonderful news. It just goes to show, slow and steady really does win the personal finance race.
        james.c.hendrickson@gmail.com
        202.468.6043

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        • #5
          Congratulations!
          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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          • #6
            Congrats!
            "I'd buy that for a dollar!"

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            • #7
              Congratulations! Do you have a target retirement date when you'll start living off your net worth?
              “Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.”

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              • #8
                Originally posted by srblanco7 View Post
                Congratulations! Do you have a target retirement date when you'll start living off your net worth?
                Nothing set in stone.
                We both enjoy our careers, but at some point, the math is going to tell us that we can make more money staying home than by going to work.

                Brian

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                • #9
                  Originally posted by bjl584 View Post

                  Nothing set in stone.
                  We both enjoy our careers, but at some point, the math is going to tell us that we can make more money staying home than by going to work.
                  BJ - getting there would be awesome. You would have achieved financial independence.
                  james.c.hendrickson@gmail.com
                  202.468.6043

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