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Ask HN: What is your net worth?

Hello HN

The more I think about it, the more I am worried about the future and ability to provide for my family, and the most reasonable answer seems to have a good safety net, and I am curious as to how I compare to fellow technologists.

What is your age, state (or country) and net worth, measured as the value of your assets if liquidated today - liabilities? I'll start:

Age: 32

State: CA

NW: 550k USD (I don't own a house, so that's all liquid in investment funds)

Thanks!

( 57 comments | 37 points | on HN )
Re:Ask HN: What is your net worth? by toocool on Saturday August 26, 2017 @04:29PM (#15107265)
Why would this post be flagged? I'm humbly looking for an explanation.
Re:Ask HN: What is your net worth? by dang on Saturday August 26, 2017 @05:24PM (#15107556)
Please read https://news.ycombinator.com/newsguidelines.html.

The primary value of this site is intellectual curiosity. That's just one kind of curiosity; there are many others. The kind involved in this post is one step removed from comparing body measurements (edit: as https://news.ycombinator.com/item?id=15107213 already pointed out). That's crushingly off topic.

Re:Ask HN: What is your net worth? by Cyph0n on Saturday August 26, 2017 @03:52PM (#15107039)
Age: 24, Location: Atlanta, NW: ~$2k

Welcome to the life of a grad student..

Re:Ask HN: What is your net worth? by toocool on Saturday August 26, 2017 @03:56PM (#15107063)
I was right there at 24 :)
Re:Ask HN: What is your net worth? by PappaPatat on Saturday August 26, 2017 @04:10PM (#15107170)
Providing for your family is not measured in NW but in time and dedication. Source: I am a 50 yo father of 4 who have taught me that.
Re:Ask HN: What is your net worth? by viach on Saturday August 26, 2017 @04:19PM (#15107213)
Isn't it like comparing your... Oh, well, nevermind.
Re:Ask HN: What is your net worth? by julien_c on Saturday August 26, 2017 @03:59PM (#15107090)
Congratulations! I'm curious, how have you saved 550k at age 32?

Is it a matter a linearly saving ~68k USD a year every working year (I'm assuming a high-paying engineer job in the Valley), or have you had equity in a successful venture?

Re:Ask HN: What is your net worth? by toocool on Saturday August 26, 2017 @04:01PM (#15107117)
It's really not that much if you look at the other responses. Anyway, the answer is linearly saving ~50% of income, I hope I'll get some sort of liquidity event from some stock options I have, but I'm not banking on it.
Re:Ask HN: What is your net worth? by BenjiWiebe on Saturday August 26, 2017 @03:37PM (#15106977)
Age: 20 Location: central Kansas Approximate net worth: $2k

Probably need to work on upping that a bit.

Re:Ask HN: What is your net worth? by baron816 on Saturday August 26, 2017 @04:03PM (#15107131)
You're not going to get anything but outliers here.
Re:Ask HN: What is your net worth? by btarun13 on Saturday August 26, 2017 @04:21PM (#15107226)
Age:21, Net worth: not of any sort Country:India I am in my final year of my bachelor's. I will be a marine engineer. You guys seem to be doing good. Will you guys offer me advice about a good tech start up and what I should know before hand. After I earn some saving, I want to try my hand on commercial farming.Also important financial decisions I should consider at my age.
Re:Ask HN: What is your net worth? by bunderbunder on Saturday August 26, 2017 @03:59PM (#15107094)
Prediction: The (age-adjusted) distribution of responses will follow a bathtub curve, but not because that's the population distribution.
Re:Ask HN: What is your net worth? by rubicon33 on Saturday August 26, 2017 @03:56PM (#15107065)
Wow... You're doing really well at 32 years and 550k. Any tips or insights into how you got there so quickly?
Re:Ask HN: What is your net worth? by brianwawok on Saturday August 26, 2017 @03:59PM (#15107097)
If he bought a house 6 years ago he could have gained 400k of that in house alone.
Re:Ask HN: What is your net worth? by toocool on Saturday August 26, 2017 @04:03PM (#15107127)
Answered here: https://news.ycombinator.com/item?id=15107117

No house, all liquid.

Re:Ask HN: What is your net worth? by orange_county on Saturday August 26, 2017 @04:06PM (#15107147)
28 State: CA NW: ~15k

Kind of worried since I had to switch careers and now I have a late start to my technology career

Re:Ask HN: What is your net worth? by funfunfunction on Saturday August 26, 2017 @03:58PM (#15107079)
{ "age": 20, "location": "Seattle", "netWorth": 15000.00, "netWorthCurrency": "USD" }

Started working as a software dev out of high school. Struggling to save (more) money in such an expensive place.

Re:Ask HN: What is your net worth? by Flammy on Saturday August 26, 2017 @04:02PM (#15107123)
Cost of Living is very much "ouch". Mind sharing what you pay for rent and in what area?
Re:Ask HN: What is your net worth? by funfunfunction on Saturday August 26, 2017 @04:40PM (#15107310)
I lived in Belltown for about a year and was paying $2,335. I now rent a house in Medina (just across SR 520) with some friends and rent is only $585.
Re:Ask HN: What is your net worth? by t0mbstone on Saturday August 26, 2017 @04:06PM (#15107146)
Wow! 32, with a network of half a million!

You are significantly richer than most of the people I know.

Re:Ask HN: What is your net worth? by Fifer82 on Saturday August 26, 2017 @04:00PM (#15107106)
Age 34, UK, -4k
Re:Ask HN: What is your net worth? by medicalworld on Saturday August 26, 2017 @04:07PM (#15107153)
36

CA

NW: $3200

Hypothetical Equity Value: $40m

Re:Ask HN: What is your net worth? by punk_coder on Saturday August 26, 2017 @04:01PM (#15107111)
Age: 45 State: GA (Atlanta, Decatur) NW: ~2 million

Good job on your net worth at 32.

Re:Ask HN: What is your net worth? by gigatexal on Saturday August 26, 2017 @05:04PM (#15107445)
NW: close to 0 net given debt and the market value of my homes.
Re:Ask HN: What is your net worth? by krapp on Saturday August 26, 2017 @04:42PM (#15107324)
Age: 40

State: TX

NW: ~ -46,000, counting student loans.

Re:Ask HN: What is your net worth? by dvbdvb on Saturday August 26, 2017 @04:00PM (#15107105)
Age: 40 State: OH (Cleveland-metro) NW: ~2.2M
Re:Ask HN: What is your net worth? by nworththrow on Saturday August 26, 2017 @03:57PM (#15107071)
Age: 26 Location: London, UK NW: 300k GBP
Re:Ask HN: What is your net worth? by somesoftwaredev on Saturday August 26, 2017 @04:04PM (#15107138)
Age: 40, Location: DK, NW: ~300k USD
Re:Ask HN: What is your net worth? by amatxn on Saturday August 26, 2017 @04:31PM (#15107282)
Age: 37, Location: TX, NW: $585K
Re:Ask HN: What is your net worth? by partypan on Saturday August 26, 2017 @03:57PM (#15107076)
Age: 43 State: CA NW: ~2million
Re:Ask HN: What is your net worth? by toocool on Saturday August 26, 2017 @03:59PM (#15107093)
Very nice! Did you get there through normal income and aggressive savings, or had some liquidity event from startups?
Re:Ask HN: What is your net worth? by partypan on Saturday August 26, 2017 @04:02PM (#15107122)
Normal income -> savings, timely purchase of primary residence during recession, some fortunate startup equity. About a third each.
Re:Ask HN: What is your net worth? by waterside81 on Saturday August 26, 2017 @04:14PM (#15107186)
Age:35 Location:Canada NW:2.5M
Re:Ask HN: What is your net worth? by navytank on Saturday August 26, 2017 @04:00PM (#15107110)
26, Seattle/WA, ~$350K.
Re:Ask HN: What is your net worth? by chesterc on Saturday August 26, 2017 @04:00PM (#15107104)
Age: 23

Location: North Holland

NW: €10k

Re:Ask HN: What is your net worth? by poudus on Saturday August 26, 2017 @03:56PM (#15107066)
Age: 24 Poland NW: 2.5M USD
Re:Ask HN: What is your net worth? by toocool on Saturday August 26, 2017 @03:58PM (#15107078)
Impressive! Bitcoin, business or inheritance if I might ask? :)
Re:Ask HN: What is your net worth? by chirau on Saturday August 26, 2017 @04:00PM (#15107101)
Can crypto millionaires cash out yet?
Re:Ask HN: What is your net worth? by Flammy on Saturday August 26, 2017 @04:06PM (#15107149)
Sure, crypto has has always had both ways, not like you're locked in or anything.

There might be hurdles around the speed of delivery (measured in days or weeks) and I've seen some people cashing out splitting into multiple payments for various reasons, but overall just a little harder and slower than regular transactions. And probably some extra fees, but if you are a millionaire from crypto that is a drop in the bucket.

Re:Ask HN: What is your net worth? by a13n on Saturday August 26, 2017 @04:07PM (#15107156)
Of course
Re:Ask HN: What is your net worth? by poudus on Saturday August 26, 2017 @04:12PM (#15107181)
Crypto ;) and some local stock market investments.
Re:Ask HN: What is your net worth? by chirau on Saturday August 26, 2017 @03:59PM (#15107095)
How did you become so wealthy? Do you run a company or had a lucky break or your family is rich? Just curious.
Re:Ask HN: What is your net worth? by poudus on Saturday August 26, 2017 @04:16PM (#15107193)
Answered in the previous comment. Humble beginnings, trading since I was 16.
Re:Ask HN: What is your net worth? by popotamonga on Saturday August 26, 2017 @04:07PM (#15107157)
Age 35

Country Portugal

NW: 700k€

Re:Ask HN: What is your net worth? by victor106 on Saturday August 26, 2017 @04:04PM (#15107133)
Age:- 39

Location:- NYC

NW:- 2m

Re:Ask HN: What is your net worth? by btian on Saturday August 26, 2017 @04:03PM (#15107125)
Age: 27

State: CA

NW: ~1M USD

Re:Ask HN: What is your net worth? by zingythewire on Saturday August 26, 2017 @03:59PM (#15107091)
Age: 34

State: NY (NYC)

NW: ~850K

Re:Ask HN: What is your net worth? by chirau on Saturday August 26, 2017 @04:00PM (#15107108)
What do you do?
Re:Ask HN: What is your net worth? by zingythewire on Saturday August 26, 2017 @04:20PM (#15107221)
i own a software consulting business with 3-5 large clients.
Re:Ask HN: What is your net worth? by nwthrwaway on Saturday August 26, 2017 @03:58PM (#15107084)
Age: 29

State: MI

NW: ~20k

Re:Ask HN: What is your net worth? by netwrththrow on Saturday August 26, 2017 @04:02PM (#15107121)
deleted
Re:Ask HN: What is your net worth? by overcast on Saturday August 26, 2017 @04:09PM (#15107164)
That is not late, and it sounds like you're just boasting to be honest. You are WAY ahead of the curve for most people on this planet.
Re:Ask HN: What is your net worth? by andai on Saturday August 26, 2017 @04:20PM (#15107222)
To be honest if you're making minimum wage in the USA, you are also way ahead of the curve for most people on the planet.

But yeah, people in this thread are doing a bit better than most people in America!

I heard the other day that 2/3 to 3/4 of Americans are living paycheck to paycheck and could not afford an unplanned $500 expense.

Re:Ask HN: What is your net worth? by netwrththrow on Saturday August 26, 2017 @04:10PM (#15107171)
If I started at 21-22 I'd be able to save an extra $1-2M by retirement, so yes, it is late when you're optimizing for financial independence.
Re:Ask HN: What is your net worth? by overcast on Saturday August 26, 2017 @04:15PM (#15107192)
OP wasn't asking about financial independence. Your post is unnecessarily dramatic for the sake of talking about how well off you are. I mean you JUST created an account to post about it.
Re:Ask HN: What is your net worth? by chesterc on Saturday August 26, 2017 @04:13PM (#15107185)
Why stop at 21? Those who started at 18 had 3 extra years to make money?
Re:Ask HN: What is your net worth? by woldemariam on Saturday August 26, 2017 @04:17PM (#15107200)
How much are you making now?