Rach | life • travel • budget
Region: US
Monday 18 November 2024 19:34:11 GMT
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Mimi :
Saved first 100k at 28, now 32 at $340k.
2024-11-23 22:50:32
241
LT :
so there's a difference between saving $100k in cash vs growing $100k in investments.
2024-11-23 00:31:12
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Jaime Lefebvre :
It took me 35 years to get to my first $100k, five years to $200k, three years to $300k. It truly snowballs. Be disciplined.
2024-11-22 14:07:05
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Honest Personal Finance :
Investing into index funds. The first $10k is the hardest. The second $10k is inevitable. Your account will double in value every 7ish years
2024-11-22 02:22:20
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JCDC :
Finding an employer with a 401k match helps.
2024-11-23 19:38:13
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Lo :
The trick is to invest not save. Only have 3-6 months of expenses in a hysa, put the rest in a Roth IRA or 402k and invest in a total market or sp500 etf
2024-11-22 00:22:57
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Turbo 2497 :
it's realistic, I actually saved 100k outside of retirement accounts in 4 years, $3k car, ppl convince themselves they need new vehicles, it keeps people poor. I don't drink which is huge too.
2024-11-21 23:42:18
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Andrea E :
The people saying that are saving it in a retirement plan ot brokerage account not a checking or savings account.
2024-11-22 12:10:42
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beachbum34 :
my husband and I get to 10k and then something falls apart 😅
2024-11-23 20:53:40
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banana03311330 :
I reached it at 25. Lived at home as long as I could. I’m debt free and have good income. I own a 10yr old car and do not impulse buy anything. Takes a lot of discipline but saving becomes addicting
2024-11-21 20:10:36
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Ldaddy :
Employer match, Trump first term, Biden did well too and now AI. Just buy stock.
2026-01-19 04:59:08
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Tiffany :
You need a 401k and an employer that contributes decently. I’m single, only make 85k & contributing very little to my 401k but w my employer contro it’s already at 50k after just 2.5 years.
2024-11-19 15:06:12
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PlantBasedSue :
Examine every. Single. Choice. We did it one coffee NOT PURCHASED at a time. You won’t save that much in a year, but you’ll be amazed how fast it happens when you stop buying stuff you dont need.
2024-11-18 19:45:35
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Aust :
Forget 100k, just start with whatever you can. Set a goal of 5k to start, then keep moving from there
2024-11-25 03:33:22
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Dontmakeeyecontact :
Just set aside a little less than $8500 a month. It builds up pretty quickly.
2024-11-18 21:05:26
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👻 :
It’s realistic if you make 100k+ alone and live in a dual income home or have multiple roommates
2024-11-19 00:55:58
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laurajuicedealer :
I love how thoughtful you are being with the question. The honest answer is that advice typically isn’t realistic on a teacher salary. Those in business (even secretaries or entry level) make far more
2024-11-25 16:04:44
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Sara :
I surpassed 100k in my 30s with an income between 40k and 50k…. The majority of it is in stock that was profit sharing from my previous employer. Also have a 401k, roll over IRA and Roth IRA.
2024-11-19 18:20:35
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Fred Fried Fast :
I think as long as you have 3-6 months of expenses worth saved your in a good spot
2024-11-19 00:04:36
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brittanivm8 :
Beside investing people are leaving out that they didn’t “save” that money they owned property and then sold and made $$$. Then saved it or invested it. Coming from someone who did just that 😂
2024-11-22 20:02:47
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Jen F :
Roth IRA with index funds
2024-11-25 18:19:11
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Cesar :
Real estate/stocks. Money saved is useless. Invest it and it’ll do more than just sitting liquids in an account.
2024-11-25 03:28:56
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user3849924969270 :
a majority are coming from 2 income houses. when i was with my ex it was 100% easier. now that I'm single...not so much.
2024-11-18 19:45:14
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tiffany :
Would be insane to do this without investing
2024-11-26 19:29:41
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Sequoia_hiker :
I thinks there’s a difference between 100k of cash versus 100k in retirement/investment funds. Comes down to setting aside money and speed depends on income and budgeting.
2024-11-21 16:21:46
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