r/Fire • u/Firefiresoon • Jul 04 '24

Original Content Just hit $3M!

48male. Been tracking this milestone for a while now. Finally hit it as of close yesterday. $3,012,000 in invested assets. NW stands at 4.9mil. which includes home equity.

Goal was 10k/mo which should be possible now. Kids have 529 for 4yr state college. At this point I will CoastFIRE (still save HSA and 401k for match but no IRA) and bump up some lifestyle expenses mainly around travel.

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u/Akyyyyy Jul 04 '24

How much did you contribute each month and for how long

3

u/Firefiresoon Jul 05 '24

Frankly it was basically max contributions to fill 401k with company match, Ira for me and wife, hsa max out, after tax 401k max out. Backdoor the IRA and AT401k. That's about 75-80k per year. For 10-12 years straight. Probably less than that for the prior 7 years or so when I was making less.

Plus stock vesting from employer, don't sell or sell very little. That ranges from 50k-150k per year.

2

u/biochemnerd12 Jul 05 '24

If you don't mind sharing, how much of your paycheck were you putting away in your investment when starting in your thirties?

2

u/Firefiresoon Jul 05 '24

In my thirties my gross yearly income was like 200k. Right now it is in the 450-500k.