I’m not gonna give you weekly updates or anything but I posted on the 2 year anniversary of my “net worth zero” on May 24, 2021. I’ll give you the update since May 24, 2019 when I was worth nothing, I crossed $100k in Feb 2021 and $200k in Nov 2022. This is mostly through maxing my 401k and Roth IRA each of those years and I recently started being able to regularly contribute to a taxable brokerage. I’d have to revisit the exact data, but I remember reading or hearing that the time it takes to get from $0 → $300k is about the same time it takes to go from $300k → $1M. I’m a bit too lazy to do the math this morning, but if that’s true, it really is eye opening the power of compounding.
1 Like