What age to be a millionaire?

[brymoore]

Came close in 1983 with the cabinet shop. Downsized and became a Park Ranger.
Coulda filed on the Ex, $7 mil or so. Naah. Her $.

Not worth a shit now.
140 acres in NM and a pension,SS.
Free and clear sailing.
An elk tag in my pocket.

An elk tag is worth a lot of mental money.

 

[cookchris]

beginning of 40's

 

[TheAri]

30s

 

[SAJ-99]

30s

If you are a millionaire by your 30's you either have skills that only a few people have or have done some stuff that will lead me to betting you will be broke by 50.

 

[npaden]

If you are a millionaire by your 30's you either have skills that only a few people have or have done some stuff that will lead me to betting you will be broke by 50.

Or inherited it.

 

[NDGuy]

Wild if you have a milly in your 30s. Not even close to that yet and have saved my whole career.

 

[TN2shot07]

If you are a millionaire by your 30's you either have skills that only a few people have or have done some stuff that will lead me to betting you will be broke by 50.

If it’s self made you’d have to assume real estate, very successful business, or a very timely aggressive investment (bitcoin). Maybe meth or coke…. It’d be hard to do on a salary

 

[jimh406]

Something that goes along with this ... watch what Charles Barkley says about keeping the money you make. I could have used more of this type information when I was younger.

https://finance.yahoo.com/news/nba-legend-charles-barkley-never-151517474.html

 

[ismith]

If you are a millionaire by your 30's you either have skills that only a few people have or have done some stuff that will lead me to betting you will be broke by 50.

What kind of stuff?

 

[SAJ-99]

What kind of stuff?

To simplify for you, illegal stuff or crypto. It wasn’t done by working.

 

[ismith]

To simplify for you, illegal stuff or crypto. It wasn’t done by working.

Lol

 

[Big Sky Guy]

If you are a millionaire by your 30's you either have skills that only a few people have or have done some stuff that will lead me to betting you will be broke by 50.

I agree but to be fair doesn’t 30’s include 39? That doesn’t seem to far fetched

 

[GearJunky]

In today’s world, you are not going to make it with a salary by 30. It is going to come with risk. I have taken risk, I have won and I have lost.

When opportunities present themselves chase them down. If family/friends give you a chance/head start give it all you have. But, never trade your values for money, your values will always be worth more.

A great fishing analogy… if you want to catch big fish, fish where there are big fish!

 

[SAJ-99]

I agree but to be fair doesn’t 30’s include 39? That doesn’t seem to far fetched

You still better be eating a lot of Ramen noodles.

 

[NDGuy]

In today’s world, you are not going to make it with a salary by 30. It is going to come with risk. I have taken risk, I have won and I have lost. I made it by my late 30’s.

I am no one special. When opportunities present themselves chase them down. If family/friends give you a chance/head start give it all you have. But, never trade your values for money, your values will always be worth more.

A great hunting analogy… if you want to catch big fish, fish where there are big fish!

That much is true. I’ve been salaried my whole life starting from 40k. Crazy how fast things got more expensive as my salary went up.

Kids early, a house, a salary. Definitely takes a toll on saving ability.

That being said no amount of $ would ever be worth trading it for.

 

[Treeshark]

You still better be eating a lot of Ramen noodles.

Good job/business, low(ish) COL area, financial discipline- I don’t think it’s nearly as rare as you think.

39 is a world away from 30 in this equation.

 

[MTTW]

The guy had 11 posts in 19 minutes, safe to say he is a high achiever.

 

[Letthemgrow]

I agree but to be fair doesn’t 30’s include 39? That doesn’t seem to far fetched

Not at all.
Depends on where you live and your education.

 

[Elktrack]

To simplify for you, illegal stuff or crypto. It wasn’t done by working.

Geez!
You’re coming across as bashing on the new guy here. Don’t see you hammering on the other 53 people that voted in the 30’s category.
Maybe he’s actually kickin ass?
Looking like you’re just hating on the new guy for being successful and posting pics of better critters???
The few people I know that did it all were driven and recognized opportunities.

Hell if I know. I’m one of the idiots that works for someone else for a living and bought into the idea that if you just work hard and keep after it, it’ll pay off.

 

[NDGuy]

I agree but to be fair doesn’t 30’s include 39? That doesn’t seem to far fetched

That’s a good point. 9 more years of vesting as well as income/equity building.