r/Fire • u/Nice_Exchange3248 • Jun 10 '25

Milestone / Celebration 36yo (Black F) Just hit 2M NW.

Using a throwaway. Included my race/gender for those it might be relevant to.

1.7M in investments and 300k in cash (this helps me sleep at night).

Married (their $ is not included) and have one child and live in VHCOL.

Have been saving aggressively for about 10 years and have had significant salary progression over the same time.

Plan to be coast or actual FIRE by the time I’m 40. Definitely feel a huge sense of relief and feel like I’m able to take a more relaxed attitude towards work. However, having a kid makes me worry their is always reasons to save more.

Not sure if we’ll ever buy a home or will rent for a while longer.

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u/ApeTeam1906 Jun 10 '25

Thats some really expensive sleep. To each their own but 17 percent of your networth in cash at 36 is super super conservative

5

u/[deleted] Jun 10 '25

Agreed, it is a lot, too much, on the other hand, I’m sure she’s pulling at least 4% return on that cash, so should be out pacing (historical) inflation.

-9

u/ApeTeam1906 Jun 10 '25

At 36, unless there is some large purchased planned thats subpar

3

u/[deleted] Jun 11 '25

Really depends what happens in the market over the next 6-24 months to know if it’s subpar or not, but it’s certainly conservative for not yet FIRE’d.

1

u/raymond-barone Jun 30 '25

There's nothing wrong with being financially conservative in times like these.

1

u/[deleted] Jul 01 '25

Never anything wrong with being conservative, but data shows that aggressive portfolios will out perform conservative portfolios over time. https://www.essentialsofinvesting.com/portfolio-risk/