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Millionaires Unveiled

268: Net Worth of $1.35M - Six figures in debt to millionaire in 5 years

Millionaires Unveiled

Jace Mattinson

Investing, Millionaire, Financialplanning, Business, Self-improvement, Education, Finance

4.8872 Ratings

🗓️ 14 November 2022

⏱️ 41 minutes

🧾️ Download transcript

Summary

Jennifer has a net worth of $1.35M. She has 800k in 401ks, 250k of that in Roth, a brokerage account around 230k, 30k in HSA, a little over 100k in cash. She is 38, married with no kids and lives in the Northeast. She works in HR and has lived all over the country and all over of the world.

Transcript

Click on a timestamp to play from that location

0:00.0

post-grad school and one of my coworkers at the time had asked you know just to check in on me and ask you know you

0:06.8

Contributing to the 401k it's a dollar-for-dollar match up to six percent and all I could think about was how that would reduce my take-home pay and how I didn't think

0:17.1

that that was a smart thing to do because I'm 23 and what is retirement.

0:22.0

But he literally forced me because he said,

0:23.8

Jen, this is free money that you are not doing anything with.

0:27.9

My husband and I are very much in sync,

0:29.8

and I think that's probably been my saving grace

0:32.2

with the way that I approach money now and

0:35.4

we're both very much, you know, about the freedom to do what we want, when we want, how we

0:40.7

want, but I'm very grateful for the fact that it hasn't always been that way.

0:47.0

You're listening to the Millionaires Unveiled Podcast, where you'll hear the stories and interviews of everyday millionaires.

0:55.0

We'll unveil their decisions, their strategies, and their current portfolio allocation.

1:02.0

Now to your hosts, Clark Sheffield and J.

1:05.2

Mattson.

1:07.0

Welcome back to another episode of the Millioners and Field podcast. This is

1:11.1

episode number 268. Just a shout out to our Australian and I guess all

1:18.6

of our listeners there kind of in the South Pacific just got back from a trip visiting Australia and New Zealand and

1:25.2

got beautiful countries definitely gain a new perspective

1:28.8

especially those that live in and around some of the big cities Auckland and Sydney in particular in Brisbane.

1:35.0

Did not visit Melbourne but did make it up to Kane so

1:40.0

great trip definitely gain gaining new perspective.

1:43.7

I know we've got quite a few listeners in those parts of the world,

...

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