My net worth grew from $400,000 to $9.5 million in five years - how do I figure out what's next?
Briefly

from 24/7 Wall St.1 week ago
A Reddit user in their mid-30s saw their net worth leap from $400,000 to $9.5 million over five years. While this achievement is positive, it also requires careful management of finances and expectations. Increasing spending too quickly could jeopardize long-term goals. Hiring a financial advisor is recommended for creating an investment portfolio and establishing spending guidelines. The user also expressed uncertainty about their identity post-financial independence, highlighting the need for planning beyond just financial success to avoid potential unhappiness in retirement.
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24/7 Wall St.https://247wallst.com/personal-finance/2025/04/03/my-net-worth-grew-from-400000-to-9-5-million-in-five-years-how-do-i-figure-out-whats-next/
But they do need to be careful. The poster could decide to buy a second home worth millions of dollars.
24/7 Wall St.https://247wallst.com/personal-finance/2025/04/03/my-net-worth-grew-from-400000-to-9-5-million-in-five-years-how-do-i-figure-out-whats-next/
Work is my identity, and I love what I do for work, but I am finding that what was once motivated me isn't anymore.
24/7 Wall St.https://247wallst.com/personal-finance/2025/04/03/my-net-worth-grew-from-400000-to-9-5-million-in-five-years-how-do-i-figure-out-whats-next/
Read at 24/7 Wall St.
#net-worth-management #financial-planning #financial-advisors #retirement-goals #spending-strategy
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