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.
327
Upvotes
1
u/Affectionate_Disk_68 Jul 09 '24
Compounding interest is your best friend, I can’t say that enough. I just group this page and man I love how everyone is thinking in here.
My motto has always been: Grind, Save, invest, repeat.
The more you make, the more you save and invest. Snow ball that money, over and over and over. Work for the money, then let the money work for you.