A Reddit poster saved nearly $12 million by their late 30s, raising questions about financial decisions among young adults. Jealousy can arise from such extraordinary cases in communities like r/fatFIRE. While some may feel pressured to match these milestones, it's important to focus on individual financial strategies. Consulting a financial advisor ensures tailored guidance to meet personal financial goals. Achievements in wealth aren’t solely based on current situations; future inheritances and careful planning may lead anyone to substantial savings within a few decades.
Having millions in bonds in one's 30s can be viewed as being "too" conservative. That said, if one's rattled by stock volatility, there's no shame in having more bond exposure.
Indeed, scrolling through the r/fatFIRE subreddit can cause feelings of jealousy, especially when you come across cases involving exorbitant amounts of money saved up by such a young age.
#financial-independence #early-retirement #wealth-management #personal-finance #investment-strategies
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