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Jacksonville, Florida
33
$45k in an okay year, $55k in a good year. $66k one year in California. Then about $3-$10k on the side playing in bands. One really good year I made close to or maybe a little over $20k doing it. Fiance is 31 and makes $10k-$12k a year.
Not sure what exactly my net worth is.
Owe a little under $60k on a home that's now worth $130k after renovation's. Bought it for $63k and put in over $20k worth of work. Maybe even $25k. It is a 15 year mortgage and should be paid off by January 2029. Don't have any stocks, bonds, 401k, etc. No fancy vehicles. Have about 18 months left on a loan for a 2014 Harley Dyna Glide. I think there's $7k-$8k currently left unpaid on it.
long island, NY
age-28
CPA, base salary is 82k with 10k bonus
net worth is $215k... ($145,000 in savings, $5,300 in IRA, $68,000 in 401k, no debt, no house)
...my fireman pension is 75k....wife still works part time RN 25k..she is starting to think about retiring....i tell her just do it!!! LOL.
Thank you for your service sir! Enjoy that well deserved pension.
Quote:
Originally Posted by GeoffD
I'm curious. How do a retired early 50's fireman and RN get to $1.75 million net worth? Inheritance? Investing in rental properties for 25 years?
Firemen and RN's receive excellent compensation NY. If someone is even halfway savvy I can see that individual having a net worth of $1.75 million at that age. There are many avenues to getting there. I have no idea what his particular strategy could be but I would not be surprised if no inheritance was involved.
SW MO
ages 50/49
current income- 97000 combined
NW about 750,000
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