[USER]

I keep seeing videos saying net worth explodes after 100k.

Many believe that once you hit this milestone, money starts multiplying effortlessly due to investments, compounding, or better financial opportunities. But is this really the case?

Does crossing the $100K mark significantly accelerate wealth growth, or is it just another financial illusion?

Share your thoughts and experiences!

[Michelle]

Not true at all. I am facing long term unemployment and no luck despite interviews. Only thing that’s saved me was savings.

It it won’t last forever

[Joshua]

I hit 100k and the like 2 days later… 6 million. Works every time.

[Kenny]

Well… I think it depends… are you betting it all on Saquon Barkley carrying the eagles to a Super Bowl win with being an unstoppable running back throwback to the days when the running back was valued far above the quarterback and before the days when the forward pass owned the NFL?

Or are you betting it on Taylor Swift with a pair of giant hedge shears waiting for Travis Kelce to get out of the shower… and a wide angle zoom shot of an interior bedroom meets opulent bathroom scene takes center screen as she invites him to sit beside her on an infinite-thread-count-sheet-covered bed as he wears nothing but a bathrobe and asks what is on his “honey pie’s” mind as he is thinking about the approaching Valentine’s Day holiday… but he is only to be blindsided by a conversation about the outcome of the upcoming Super Bowl… “Dearest Travis… would you like to keep it?”

She nods toward the thing his towel covered and continued…

“we love pregnant… but we love winning….“ and Travis, confused using terms like babe and attempting to place his arm around her as romantic banter doesn’t understand the of her words as meaning of his fate… Taylor pulls the hidden hedge shears from beside the bed.

Holding them out in front of him. His eyes wide.

She continues on, “I want you to look yourself in the mirror and say, I am going to win the Super Bowl.” His eyes dart between hers and the shears.

She smiles and pats the towel covering what matters most then holds the shears up. “Win the Super Bowl or…” she makes a hard snap motion with the hedge shears and an audible metal on metal noise is heard. He gulps.

Then starts to say… “You’re cra—“ but stops… she smiles… “Need I remind in you I am holding this and you are only wearing a towel—“ she snips the shears in a swift forceful motion.

He gulps again before continuing is words… “you are CRAZY BEAUTIFUL!” She smiles and places the shears beside her on the bed. “So… a win it is…”

If the stakes are high enough… doesn’t matter where you are at in life… you will make things happen.

[Tom]

It’s not automatic, you need to invest in something with growth potential.

What’s your portfolio AA and focus?

[Ln]

100k was the rule many years ago made famous by Charlie Munger. If you factor in inflation it’s probably 300k by today’s standards.

If you invest diligently amd avoid lifestyle creep, your wealth starts to really ramp up somewhere between 200k to 250k.

It took me 10 years to get to 300k and then just 4 years to double that.

[David]

It depend a lot on where you put your 100k networth though, and how it’s split between the investment vehicles.

Growth stocks? Index funds? Real estate? Business? Cash in bank?

I known people whose networth jump from 100k to 200k in months and others in years.

[Tamara]

This may seem like a nitpicking detail. But it’s not networth that explodes, it’s if you have 100k invested

The only reason the distinction is important is because your 100k networth could be sitting in a pile under your mattress, not growing at all.

[Ashley]

Okay I have a serious question. I’m debating whether to go all In with my retirement and max out 401k, or keep it liquid in the stock market to gain this variable % from dividends.

Are folks here not adding to their retirement accounts?

[Mona]

I hit 100K and the growth has been SLOW. I think it’s more around once it hits 1 million then it explodes

[Walker]

Reached $100k (combination of 401k, Roth and a regular brokerage) in Aug 2022 and grew to $200k last month, so it’s true in my experience.

[Sarah]

We went from 100k to 550k in about 4 years. It doesn’t explode, but first 100k took 6 years and next 450k took 4 years. So, it def increased for us.

The money made money and it also let us take opportunities or open businesses that made more money rather than needing to take any job

[Daniel]

It does if your income does.
A portfolio never explodes from market returns unless you get lucky on a gamble.

Focus on earned income.
Even with $3MM or more you’re not going to see an explosion.

[Bobbie]

I found it to be true. It took me 7 years to get to $100,000 and I hit $200,000 just 2 years later. Granted, I invest much more than I used to but that $100,000 is a grind.

If you think you aren’t making progress, I recommend keeping a monthly written progress (like in a Goggle Sheet).

It will really show you how much your net worth is going up each month.

[Marisa]

Only if you keep contributing at the same rate. It took me longer to get from 100 to 200 than 0 to 100 because my industry tanked and I was un or underemployed for those years.

[Haugen]

I’d go a step further. I think the first $10,000 is the most difficult. It makes a world of difference in security and piece of mind.

You can buy tires or something without it throwing everything out of whack.

[John]

I will say that it takes money to make money. What I mean by that is that if you have $1m and it goes up “only” 10% in a year, you’ve just made 100k vs, say if you have $10k, and it goes up 10%, you only made $1k. It’s all about scale.

I’ll give you real world example. We increased our NW by $1.5+m last year. Sounds like a lot? But we only had a low double digit return on our investments.

Yes, if we invested purely in say the SP500 we would have increased our NW by a lot more. But that’s an allocation conversation – risk vs. reward.

The goal here is to grow that war chest and have it scale for you.

It takes time to get there, but once you get to bigger numbers, the absolute number is larger when the percentage returns are the same.

[John]

I’m now at $250k but I’ve been investing for almost 20 years. Initially, I didn’t contribute much as my salary was very low and then I had a 5 year gap with no contributions at all (went part-time at work and wasn’t eligible to contribute).

I’ve been increasing a lot lately though. About 2 years ago I got out of my target date fund and moved to some better performing growth funds but it’s still slow growing.

I invested $3k/mo last year. Hoping to see the compound interest start working for me soon.

[Author]

Posts