at what age will you have earned your one millionth dollar?

[puffff]

based on what you've been paid and reasonable estimates of your future gross salary, at what age will you (or did you) earn your one millionth dollar?

(lets keep it simple and not include investments and stuff. only gross pay from your employer, or if you're self employed, the bottom line from your business).

edit: I think it'll be around 32 for me.

 

[OCGuy]

31.....more like 34.

 

[James Bond]

I just did some calculations... It's a pretty rough estimate, and probably on the conservative side, but I'm guessing about 32.

 

[Alone]

It would be impossible to tell you. I'd have to factor in postings, deployments, courses, etc.

But if I had to guess...

40? Later? I don't know.

Don't really care, either.

 

[Dirigible]

Based on a rough calculation, it happened a few years back, while I was in my mid-30s.

 

[amdhunter]

Been there since I was 13.

 

[James Bond]

Originally posted by: amdhunter
Been there since I was 13.

You made one million dollars when you were at the age of 13? Impressive, impressive.

 

[PlasmaBomb]

Originally posted by: James Bond

Originally posted by: amdhunter
Been there since I was 13.

You made one million dollars when you were at the age of 13? Impressive, impressive.

Some say impressive...

Some say shens.

 

[sjwaste]

Probably in the 33-34 range. Doesn't matter, I have a mortgage and my law school loans to pay off.

Earlier calc was off

 

[LS21]

depends on inflation and exchange rates

 

[sygyzy]

Gross pay? Not net?

 

[TridenT]

30? Are you making over 100k a year? O-o

I have no clue. Maybe never?

 

[SlitheryDee]

I'll probably be in my late 40s.

 

[amdhunter]

Originally posted by: PlasmaBomb

Originally posted by: James Bond

Originally posted by: amdhunter
Been there since I was 13.

You made one million dollars when you were at the age of 13? Impressive, impressive.

Some say impressive...

Some say shens.

There are a lot of us here in the forums. Just check out the secret millionaires sub forum.

 

[91TTZ]

Originally posted by: TridenTBoy3555
30? Are you making over 100k a year? O-o

I have no clue. Maybe never?

Come on, this is ATOT- everyone is making over 100k a year, even those who are still in school.

 

[Atomic Playboy]

I earned my millionth dollar a long time ago, I was just never paid it.

 

[Red Squirrel]

Did a rough estimate, and for the sake of simplicity and fact I don't know what my house will cost, lets assume I'll always stay home.

I make about 1049 per pay, there is 52 weeks in a year, so that's $27,274 per year. I get about 1 grand per year in taxes, then about one grand for my bonus, so we'll say I make 30k per year. I'm 23 now and have 31k in the back as of now. But now there's gas and car insurance, which probably is about 5k per year, probably more, but lets just keep it at 5. So that brings me down to 25k. Lets take off another 5k for random expenses leaving me at 20k.

I wont even get into bank interest or it will get too complicated. So.. I'll be 73 by the time I make one million.

Wow, to those who said 30, I think I'm in the wrong industry.

 

[JulesMaximus]

96

 

[Scouzer]

31-33 I figure... gross, of course.

 

[AreaCode707]

Approx 31, assuming I stay in the location I'm in and the career track I'm on. I don't really want to do either of those things though, so more likely it would be longer.

 

[Scouzer]

Originally posted by: RedSquirrel
Did a rough estimate, and for the sake of simplicity and fact I don't know what my house will cost, lets assume I'll always stay home.

I make about 1049 per pay, there is 52 weeks in a year, so that's $27,274 per year. I get about 1 grand per year in taxes, then about one grand for my bonus, so we'll say I make 30k per year. I'm 23 now and have 31k in the back as of now. But now there's gas and car insurance, which probably is about 5k per year, probably more, but lets just keep it at 5. So that brings me down to 25k. Lets take off another 5k for random expenses leaving me at 20k.

I wont even get into bank interest or it will get too complicated. So.. I'll be 73 by the time I make one million.

Wow, to those who said 30, I think I'm in the wrong industry.

You made a simple question not simple, then called your solution simple. OP meant GROSS pay

 

[Engineer]

39.

I'm 40 now.

 

[sdifox]

gross? A few years back. Net? Never...

 

[IronWing]

Originally posted by: PlasmaBomb

Originally posted by: James Bond

Originally posted by: amdhunter
Been there since I was 13.

You made one million dollars when you were at the age of 13? Impressive, impressive.

Some say impressive...

Some say shens.

Being MJ's boytoy pays well indeed.

 

[91TTZ]

Originally posted by: AreaCode707
Approx 31, assuming I stay in the location I'm in and the career track I'm on. I don't really want to do either of those things though, so more likely it would be longer.

What do you do for a living, and how old are you now?