https://dqydj.com/net-worth-percentile-calculator/

(http://www.autoadmit.com/thread.php?thread_id=5714927&forum_id=2#48873179)

If you went to college: $2,003,400

If you live in a city: $1,133,100

If you're white, non-hispanic: $1,367,200

If you own a home: $1,530,900

https://www.businessinsider.com/personal-finance/banking/average-american-net-worth#:~:text=The%20average%20net%20worth%20in%20America%20is%20%241.063%20million%2C%20according,of%20the%20typical%20American%20family.

(http://www.autoadmit.com/thread.php?thread_id=5714927&forum_id=2#48873479)

(http://www.autoadmit.com/thread.php?thread_id=5714927&forum_id=2#48873886)

You should be probing whether NW includes home equity acquired with a forgiven loan from the Bank of Mom (hint: yes).

(http://www.autoadmit.com/thread.php?thread_id=5714927&forum_id=2#48877013)

i'm guessing your had 3 years of undergrad? so you're 21

then you began the phd program that fall? how long was the phd program? 4 years? that makes you 25. now you have 10 years to get to a million$

if you make $100k per year, you net $70k, noticeably less if contributing to the 401k

your house cost $100k in 2007? if not, the house payment would have wasteful pmi insurance and you'll have taxes, etc. that's unlikely with 'helpful' parents

also, it's pretty obvious they helped you financially during college, right?

still, the math is not going to work unless you were making some very nice wages with the phd.

(http://www.autoadmit.com/thread.php?thread_id=5714927&forum_id=2#48878679)

In my case, the tuition at my TTT was around $700 per semester, so my scholarship was enough to pay for my tuition and living expenses. And I also had the benefit of starting to invest at the beginning of the huge bull market in the 2010's, so I'm sure I averaged much better than 8% per year. (And when I said mid-30's, I probably should have said mid-to-late 30's. I think I was in the 36-38 range.) But the point remains that it is not difficult to save up a million if you live modestly, max out your retirement accounts, and don't spend money on stupid goy shit.

(http://www.autoadmit.com/thread.php?thread_id=5714927&forum_id=2#48880481)

what was your salary progression after college?

(http://www.autoadmit.com/thread.php?thread_id=5714927&forum_id=2#48880562)

But my personal story is irrelevant. A married couple that maxes out both of their 401k's and IRA's will have just under a million dollars after 10 years assuming 8% annual returns:

https://www.calculator.net/finance-calculator.html?ctype=endamount&cyearsv=10&cinterestratev=8&cstartingprinciplev=0&ccontributeamountv=61%2C000&ctargetamountv=-10%2C000&cpy=1&ccy=1&ciadditionat1=end&printit=0&x=Calculate#cr

And that doesn't even consider employer matches, home equity, non-retirement savings, or any number of other factors that can increase net worth. It is really fucking easy to have a million dollars if you save money rather than wasting it on stupid goy shit.

(http://www.autoadmit.com/thread.php?thread_id=5714927&forum_id=2#48881063)

http://www.bls.gov/opub/ted/2010/ted_20101025.htm

you didn't have any bills

you lived like you made half the median worker

you didn't have any expenses, such as kids

you don't get to count your wife's retirement funds. a married couple's wealth is divided by 2

(http://www.autoadmit.com/thread.php?thread_id=5714927&forum_id=2#48881133)

And during most of this time, my wife was in school, so her contributions to our savings ranged between minimal and non-existent. I deposit money I earned into her IRA. To be fair, she graduated law school and got biglaw around when we hit our mid-30's, which did help to push us over the top. But we were close before then (and she quit biglaw after two years).

Still, you are so obsessed with my situation that you are ignoring the financial calculator link. If a couple both max out their retirement accounts for 10 years, they will have close to a million at the end of that 10 year period assuming normally stock market returns. If you chose to waste your money on stupid goy shit rather than max out your retirement accounts, that is on you.

(http://www.autoadmit.com/thread.php?thread_id=5714927&forum_id=2#48881865)

just throwing that one out there

(http://www.autoadmit.com/thread.php?thread_id=5714927&forum_id=2#48875813)

Houses and stocks have appreciated greatly since 2022 so it’s surely higher

https://earlyretirementnow.com/2023/12/03/we-are-all-millionaires/

(http://www.autoadmit.com/thread.php?thread_id=5714927&forum_id=2#48878051)

"Note that the $1m average net worth is not per capita but per household. So, with an average household size of about 2.5 members, the per-capita net worth is “only” about $400k. So, individually, we’re not even close to reaching millionaire status, but $400k is also very impressive because that’s the net worth of every resident, old or young, working or not."

(http://www.autoadmit.com/thread.php?thread_id=5714927&forum_id=2#48891285)

XO has no idea cause it lives in a chink turd kike clown world where ppl have high incomes and actually save but that is not culturally amerikkkkan. XO is not culturally amerikkkkan, its some foreign culture of faggots arguing over $.20 cents in a furking dubai street market while their fake jew computer stock and coin money goes up double digits every year

(http://www.autoadmit.com/thread.php?thread_id=5714927&forum_id=2#48875895)

seeing a lot of numbers here, and many of them look jewish

(http://www.autoadmit.com/thread.php?thread_id=5714927&forum_id=2#48876942)