How One Young Woman Retired With $2 Million by 35

[Jags4186]

http://www.bringyourchallenges.com/roundtable/article/01882f2c5b967f1a75a1a90404cb647d?utm_medium=socialmedia&utm_source=facebook&utm_content=wall_post&utm_campaign=0515q2_byc

Would be nice to be given as much upfront as she was, nonetheless, impressive if the numbers are accurate.

[Ricky]

The numbers usually aren't very accurate. But either way, it's obviously becoming less and less of an amazing feat these days. It seems like every other month there is a story like this out.

[dunhamjr]

My problem with stories like this is exactly what they mentioned as it started.
The situation is very hard to replicate.

Going from $46k to over $200k/yr on salary is way beyond typical.  That is an huge lap in a 12-13yr career as an engineer.

[mozar]

I find it hard to believe she is a real person. It could just be a theoretical case study. I've never heard of a child getting a divorce settlement (no child support?) or inheritance from a house. Shoo, my parents got a divorce and sold property, where's my money? Her family is very wealthy and instilled wealth building habits. I think the story about going from 46k to 200k is the most likely, though I doubt she would start that low.  But could be, if she was 21 and got to 200k by 35 around 15 years later.

I know some very wealthy young people who inherited $200k+ and from my anecdotal experience it seems rare for someone that wealthy to marry "down" that far. By "down" I mean not sharing the same goals initially. And she just happened to want to talk to prudential instead of her family's wealth adviser?

[jexy103]

I think the worst part of this article is that she is 35, has low expense, has $1.7 million in liquid savings, and both spouses plan to work another 5 years. Doh!

[bigchrisb]

While the character in the story may have had a couple of lucky breaks, it seems to have some pretty practical advice in the article, and is certainly a whole lot better than most mainstream junk!

I've followed a similar path - Engineer that started work in 2003 on $45k, currently on a bit over $200, but really a manager these days.  I didn't have a half million dollar inheritance, but I well from buying into my workplace, and riding it through to acquisition by a listed company.  That had a similar magnitude impact (about half a million). 

However, the main things - avoid consumer debt, have housemates, avoid lifestyle inflation, choose study as an investment decision all ring pretty true.   I wish her all the best (although possibly with some more stocks in there than she has)...

[soccerluvof4]

I find it hard to believe she is a real person. It could just be a theoretical case study. I've never heard of a child getting a divorce settlement (no child support?) or inheritance from a house. Shoo, my parents got a divorce and sold property, where's my money? Her family is very wealthy and instilled wealth building habits. I think the story about going from 46k to 200k is the most likely, though I doubt she would start that low.  But could be, if she was 21 and got to 200k by 35 around 15 years later.

I know some very wealthy young people who inherited $200k+ and from my anecdotal experience it seems rare for someone that wealthy to marry "down" that far. By "down" I mean not sharing the same goals initially. And she just happened to want to talk to prudential instead of her family's wealth adviser?

I know of one case very close to me where a friend sued his parents during the divorce to guarantee is 2 younger siblings got the same upbringing he did and won!! so anything can happen.