Thread regarding Verizon Communications Inc. layoffs

What's your net worth at 40 y.o.?

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Post ID: @OP+ZIN7EHJ

16 replies (most recent on top)

38 years old, 5 years in vz now in VSP, 15 years in IT, holding 200 bitcoins from $200s, 1500 Ethers from $8. Got a small town home PIF worth $290k. 401k is worth $250K almost most of it earned from VZ with investment on GBTC ticker. My worth fluctuates by a quarter million every day.

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Post ID: @9lsc+ZIN7EHJ

@1fjp is the only one who answered the question that was asked.

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Post ID: @5vya+ZIN7EHJ

48yo- own 2 homes (PIF)

Own 4 cars (PIF) that includes a F-type.

Wife stays at home and kids are in college!

Took VSP and love love love life!

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Post ID: @5iss+ZIN7EHJ

Remember that 401k figures are all pre-tax..Your Uncle Sam thanks you for investing so wisely on his behalf.

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Post ID: @4lkh+ZIN7EHJ

Shave the kids.

...and a mortgage or car payment are still liabilities that get figured into net worth. Sometimes upcoming college tuition too.

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Post ID: @3ffd+ZIN7EHJ

34 yo, 6 years with VZW, 2 fur kids, 2 homes, female, approx. 340K

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Post ID: @3dix+ZIN7EHJ

48 yr old. Mar VSPer. Band6. $1.6M. No mortgage (but don't own house either). No car loans. 2 kids in college (no student loans)

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Post ID: @3kbh+ZIN7EHJ

53 y.o. didn't get chosen for the VSP. Waaahhh. net worth about $2M ($1.5M, 401K). always did 16% every year. always invested in equities, never conservatively. funny how that baby grows over time. married, two kids - 1 in college. looking to hanging it up (in a few years). house almost paid off.

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Post ID: @2njx+ZIN7EHJ

6 mil

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Post ID: @1nva+ZIN7EHJ

Dec VSPer here, left at 34 with a NW of 1.2mil, house all paid off, was grade 6.

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Post ID: @1vtp+ZIN7EHJ

I’m older but I’m around an even 2 million. When wisp comes out I’m gone. Until then I’ll keep building the wealth.

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Post ID: @1fyi+ZIN7EHJ

At 40 it was 750k

At 45 (when I left under VSP) 1M. Only debt is a single outstanding car loan.

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Post ID: @1fjp+ZIN7EHJ

When Verlieson settles my lawsuit it will be YUGE!

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Post ID: @1dku+ZIN7EHJ

My wife and kids spend every dollar I earn so I guess the loose change in my pocket is what my net worth is.

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Post ID: @1rft+ZIN7EHJ

At 42 I finished paying my mortgage and was debt free. I started with VZ at 24 and saved 16% every year. Please note I am married to a blue collar worker - no kids. VZ grade 6.

Take advantage of the 401k match it is a great benefit.

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Post ID: @1vqn+ZIN7EHJ

I don't want to brag, but mine is negative right now. 42 y.o. - I guess I am a failure, but life plays games...

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Post ID: @njm+ZIN7EHJ

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