Congratulations .Ron Ronnerson wrote: ↑Tue Nov 02, 2021 7:35 pm Excluding home equity, we just reached $1m in investments/cash (net worth including home equity is at about $1.7m). We’re in our mid-40s and live in the Bay Area. I’m a public-school teacher, my wife is a stay-at-home parent, and we have a seven-year-old. We lead low-stress lives as my wife is likely already retired and I work 180 days per year at a job I love. I’m planning to semi-retire at 55 (go down to working 100 days per year) and fully retire around age 60. I’m expecting a six-figure pension with COLA as well. 15 years ago, we had a negative net worth and I didn’t think we’d ever be in this position. We might do something like go out for steaks to celebrate this one (we didn’t do anything when net worth reached $1m two years ago).
The two comma club in investments, in your mid-40s, in high cost of living area, in a single earner household with a child is an outstanding accomplishment .