What was your net worth at 30 years old?

Negative, I was still in debt!

Author Topic: What was your net worth at 30 years old?  (Read 111894 times)

Taran Wanderer

  • Bristles
  • ***
  • Posts: 484
Re: What was your net worth at 30 years old?
« Reply #400 on: March 20, 2017, 12:53:43 AM »
Oh stop, Spork, you're making too much sense!  How will we argue about what our 'real net worth' is if we track both?
"Incidentally, ten years ago I thought I wanted a Mercedes. Now I just want a nap and a cup of coffee."
  - Kashmani in Defining 'Rich'


  • Stubble
  • **
  • Posts: 129
    • Early Retirement Guy
Re: What was your net worth at 30 years old?
« Reply #401 on: March 20, 2017, 11:18:00 AM »
Currently 29, will turn 30 in a few months.

NW has been increasing at around 3% per month so can pretty reasonably estimate I'll be at around 150k ($185k) by 30.

That includes house equity but only my half of it.


  • 5 O'Clock Shadow
  • *
  • Posts: 20
Re: What was your net worth at 30 years old?
« Reply #402 on: March 22, 2017, 03:56:33 PM »
No option for me in the poll.

24: 50k
25: 200k
26: 400k
27: 600k
28: 775k

I predict I will be around 1.1-1.2M by 30.

Care to elaborate how you got there? That's quite impressive if it wasn't inherited.

For starters, this is not my post originally, and I don't want to speak for this presumably nice and clearly successful human. However, we have a similar story; here's ours:

- We are (newly) married, ages 25 and 28, but weren't married at 21 when money earning kicked in, so these are estimates for early years (of singleness):

22: $40k
23: $80k
24: $150k (these last three are just me - keep in mind DH has been working 5+ years upon our marriage)
25: combined incomes $150k + 400K = $550K in September of last year
Current Combined NW (just assets, not cars etc. - we rent, so no house): $650 k, average age between us: 26

Here's how we did it: elite colleges (generous financial aid/scholarships - hooray!), high-tech degrees, (moderately) money-conscious habits, carpooling, work-related stock bonuses, lots of luck, six-figure tech jobs, and good investing in index funds at Schwab and Betterment. We've also stayed with renting a small condo as Boulder, CO is hugely expensive. Neither of us really came from money (in fact, my dad's family is penniless in a trailer park, and he's entirely self-made success in law enforcement and FI at 50, so good example there!)

The biggest thing for us is fighting the inevitable lifestyle inflation that can occur in ritzy boulder as two twenty-somethings with a 300K/year pre-tax income, and not succumbing to our fancy-schmancy college friends' prying (engagement ring comparisons, world travel in jets, etc.)

While dollar for dollar (if MMM's dollars were 2017 dollars), we're technically ahead of MMM, we are not, because we are not yet homeowners and child(ren) are still 3-5 years off. I think we'll pull the trigger to at least one retiree, one half-time in about five years with a predicted NW of at least (150k/year basic savings * 5 years) = $750k + current $650K = $1.4m, when we're 30 and 34, respectively. Depends a lot on housing, for sure, and whatever the stock market "values" our stock at that date.... And, if we decide to breed...right now, we're having too much fun for that.

Also, we're still working on lowering our monthly expenditures - aren't we all?!

Very lastly, Mr. Eric, you are kicking absolute ass! Woohoo- any plans to quit the rat race, or just bringing it in for a bit longer?
« Last Edit: March 22, 2017, 04:09:38 PM by bouldertechwarrior »


  • Handlebar Stache
  • *****
  • Posts: 1778
  • Age: 46
  • Location: Denver, Colorado
Re: What was your net worth at 30 years old?
« Reply #403 on: March 22, 2017, 04:00:50 PM »
At 30 I had no savings and $20k of credit card debt.
Frugalite in training.