My husband (34) and I (32) hit $500k in investments as of 7/31/16. $375k is tax deferred and $125k is in taxable accounts. I thought I'd share here since we can't really tell anyone! Both of us found it to be rather anticlimactic :). Now we have our eye on $1M in investments. We have no debt other than our $140k mortgage. We have equity in our house of about $200k so total net worth of about $700k. We've been saving about $80k a year for the past 5 years....except for last year..we had twins and were down $1k in 2015.
Badass, congratulations!Congratulations on the twins as well. $2k tax credit, yeah!
You could not put away another penny and your investments alone would take you to millionaire status in 9-10 years! Awesome job guys.
$895,000 from $500k at 6% for ten years, no additions. Hmmm.... This thing does work, eh?!?Congrats btw!