Curious how you are able to command such high income without financial / investment knowledge. What profession are you in?
Also, if you know basic math, you will see that with $200k savings per year, in 10 yrs when you are 45, you will have another $2M saved up. Add that to your current $1M you will have $3M at 45. No magic just basic math.
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Originally Posted by Unregistered
How do ppl accumulate so much net worth? So many posts of net worth in around 3 - 5m mark but with income of less than 250k. I am in my mid 30s earning around 400k a year. Savings around 200k a year. Income only reached this level about 4 / 5 years ago. Hence net worth is only around 1m. Feel that I'm stuck in the rat race sometime as I don't have enough to retire yet I can't quit as it took a lot of hardwork and sacrifice to reach where I am despite the fact that I never like my job. Such a chore sometime to wake up in the morning and drag myself to the office.
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