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Curious how many of you have reached this number either alone or with someone. Rough estimate of ages?
The magical number of a million no longer interests me since it could have involved two incomes.
Just over that mark. It helps to have two people working in well paying jobs. Of course, saving and investing is important. We are 59 and 58. Wife is retired. My current plan is to retire at age 63.
Location: We_tside PNW (Columbia Gorge) / CO / SA TX / Thailand
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Quote:
Originally Posted by ChessieMom
That isn't the number for many people. For those that have other sources of retirement income (pensions), half a mil will do very very nicely.
True... But for those of us (retired) via single lifetime income, no pension (tho 34 yrs service), no HC, no SSI, .... We have to be a tad more creative. It works (for now). Get sick? Will still work if you die, or leave USA.
Second million was probably around late thirties. Once I got the first, and it was the roaring nineties, my NW took off. I’m 57 now. Single, female, never married, no kids.
Every month my debt principal goes down about $550 and my 401k goes up $1,300. Slow and steady wins the race...lol.
The first billion is the easiest.
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