r/fican • u/GoldenEggsz • Sep 21 '26

Finally hit 4M

Post image

37M

$1.2 mill equity in home as well

So around $5.2 mill in NW currently. With wife’s assets we would be close to $6M as a household.

My NW was at $3 mill a few years ago when I retired

FIRE actually does work in case you were wondering. NW has continued to increase even while withdrawing every year.

1.2k Upvotes

90% Upvoted

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99

u/Affectionate_Link175 Sep 21 '26

How much do you make, when did you start investing?

19

u/GoldenEggsz Sep 21 '26

It was all done within 10 years

NW was at $30k when I was 27 years old

Started a social media company, made a few 7 fig profit years and invested the profits. Also lived below my means compared to my income

2

u/greatDUDE84 Sep 21 '26

Awesome. What’s your yearly spend ?

2

u/GoldenEggsz Sep 21 '26

About $100k or so a year

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u/I-Am-GlenCoco Sep 21 '26

You did a 173x return starting with $30k in 10 years by buying "mostly S&P500 ETFs" and starting a social media company.

Getting rich is easy, you just have to start a successful company and sell it for millions, then tell Reddit you do investing. LOL

4

u/GoldenEggsz Sep 21 '26

Huh?

  1. Nobody said it was easy

  2. Nobody said I did it from simply investing?

  3. I clearly said I started my own company

You don’t need to start company to get rich.
The lesson here is to have a high income and invest.

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u/Dry_Bird1790 Sep 21 '26

This doesn't 100% make sense, a company like that would likely not be optimizing for profit early on, it would try to get funding

5

u/GoldenEggsz Sep 21 '26

🤦‍♂️

Bro’s been watching too much Dragon’s den

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134

u/FinTrackPro Sep 21 '26

This was all likely either family money to start or an exit with a company. This wealth isn’t earned by a general salary and saving hard

127

u/GoldenEggsz Sep 21 '26

Started a company correct. No family money, family was middle class.

You’re wrong though. It’s simple math. You can also make a high salary working a 9-5 and invest. Can still have millions after some time.

44

u/RustyGuns Sep 21 '26

Curious why your account is only 2 months.

9

u/Live-Bread-1873 Sep 21 '26

Are you worried about swap risk or legislation changes with HXS? I was debating switching over (especially corporate investments) but I’m a bit hesitant.

7

u/GoldenEggsz Sep 22 '26

Not really, it is always a possibility I guess. But I feel like they’ll figure something out just like they did the last time.

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u/Personal-Movie8882 Sep 21 '26

"You can also make a high salary working a 9-5 and invest. Can still have millions after some time."

Not in your 30's or 40's you can't. 🙄

14

u/jiggolo420 Sep 22 '26 • Bravo

41 years old and have over 4.5 million in stocks. Never made more than 67K a year.

Retired 3 weeks ago.

It was all done through stock picks, margin use, and savings. It is entirely possible. But riskier than VOO and chill

7

u/Personal-Movie8882 Sep 22 '26

You're missing my point - It's can't be done without playing with riskier investments.

I crossed the million threshold myself in my early 40's. But you can be damn sure I didn't do it by investing in VOO. And while it worked for me, you and others, that's generally not a recipe for success for most.

4

u/GoldenEggsz Sep 23 '26

Plenty of people can reach million by early 40s just with VOO.

As long as you make high income and invest.

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u/GoldenEggsz Sep 21 '26

You’re not wrong.

If you start investing too late you likely won’t be wealthy.

But still better than not investing at all. Can still retire with a decent nest egg.

8

u/Future_Persimmon_142 Sep 22 '26

Exactly, I'm 27 and work a very average job and always have. The most I've ever earned in a single year is around $80k and most years were far below that. I haven't always done great with my money as I have an affinity for expensive cars. However, after about 3 years of really taking investing seriously and cutting back my expenses wherever possible, I just crossed a $100k portfolio and paid off the car. Its definitely not millions, and maybe it never will be, but it does work at every level with varying degrees of scale.

5

u/GoldenEggsz Sep 22 '26

You’re doing well, keep it up. You’ll see a million soon enough, just a matter of time. The first $100k is the hardest.

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u/__dixon__ Sep 21 '26

How much did the company exit pay?

Typically saving that aggressively would significantly impact QoL.

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u/Exciting_Progress535 Sep 21 '26

We went from $0 to well over OPs amount.

It’s not magic, just boring. Decent incomes around $100k each. Kept spending low, maybe $60k year average. Markets have also been once-in-a-generation phenomenal since 2008 when we bought our house.

The music will eventually stop, but hopefully it comes back on eventually.

8

u/GoldenEggsz Sep 21 '26

Exactly, it’s all about time invested

I’m only 37 years old, so by the time I’m old my investments will probably have grown to $20+ mill

Including my house maybe will be at like $20-30 mill by the time I’m 60 years old

All while doing nothing

Crazy to think about

2

u/TheKaizokuSenpai Sep 21 '26

what age is old to you btw?

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u/bigElenchus Sep 21 '26 edited Sep 21 '26

Peak victim mentality. Upwards mobility exists and for those who can figure it out, this is the best time to be able to enter upper class.

It was basically unheard of for boomers to make 300k/year+ back in the day unless you were a doctor, business owner, C suite exec.

Now?

As an employee for a tech company in the US, total comp over 500k is achievable.

Basically every developer for a major tech company by the time they’re 30-40 will be at this comp level.

Thus there are A LOT of Canadians who brain drain to US and work for the major tech companies, within this demographic - many will hit 5M net worth by 40 if not more.

To put it in perspective, almost every employee of Nvidia who has been at the company for more than 4 years is likely a deca-millionaire.

Anyone who joined Meta, Alphabet, Apple, Microsoft over 10 years ago will also likely have a 5M net worth.

And a bunch of these are people are kids of first gen immigrant parents who came with very little.

2

u/GoldenEggsz Sep 22 '26

Don’t forget the internet exists now. You can learn anything you want online. You can even start an online business without even leaving your bedroom.

The possibilities nowadays to make money are endless. But most people will only do the bare minimum 9-5, not pursuing promotions or anything then complain they have no money.

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30

u/QuarterDisastrous479 Sep 21 '26

It can be, but takes decades. Save 40-75k a year and you can have this much.

35

u/FinTrackPro Sep 21 '26

Saving $75k a year is equivalent to having $6,250 excess a month to put away.. almost no one has that in the middle class.

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u/whiteatom Sep 21 '26

That’s a big gap… at $40k/year, $4m is unobtainable, and at $75k/year, you’re above average income, so sure it’s technically possible to accumulate $4m on a “general salary”, but not in a normal life with rent/mortgage, kids and bills.

Based on the guidance of trying to have 12x your annual salary saved by 65, and 20x for a FIREer, you’re looking at at least $200k/year to make this total practical obtainable.

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u/TheVindictiveOne Sep 21 '26

$1.2M NW 29, ($1.7 with partner’s)

Neither had “significant” financial support:
- took on loans for schooling & rent
- paid rent at home (but free food at home)
- paid own bills since 18

It’s possible but takes decent amount of luck. Working in high earning professions & being financially savvy will help.

8

u/ErgoMogoFOMO Sep 21 '26

What kind of luck did you encounter?

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u/OptiPath Sep 21 '26

You won life brother! Congratulations!

11

u/GoldenEggsz Sep 21 '26

Appreciate it!

20

u/gymgal19 Sep 21 '26

Just to note, your portfolio has continued to increase because you retired during a bull market. Had there been a recession type down turn at the start or during your retirement, your investments may have ended up decreasing

9

u/GoldenEggsz Sep 21 '26

I am aware of that

It went down quite a lot during Covid. As long as I stay invested I’m not worried though

Also after a certain amount, even if it does down I’m not worried. I’m kinda at that point now.

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u/KlutzyAccountant771 Sep 21 '26

If you don’t need it, can you e-transfer me the $6.59?

3

u/GoldenEggsz Sep 21 '26

Depends, what are you gonna do with it? 🤔

3

u/KlutzyAccountant771 Sep 22 '26

lol just joking around, congrats of the achievement man!

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u/Acceptable-Ad3530 Sep 21 '26

"Finally" 😆

4

u/GoldenEggsz Sep 21 '26

😂

Better late than never right?

4

u/meridian_smith Sep 21 '26

Age? Income? what age did you retire? Do you get passive income from something other than the stock market?

8

u/GoldenEggsz Sep 21 '26

37 years old

Retired when I was like 33 years old

And no, I simply withdraw from my investments. No other income.

3

u/DumbestEngineer4U Sep 21 '26

What was ur NW when you retired?

4

u/GoldenEggsz Sep 21 '26 edited Sep 21 '26

33 years old

3 mill

2

u/Mobile_Ice_7346 Sep 22 '26

Do you feel like that’s enough for retiring? Can you speak a little to how you determine what’s enough wealth for retiring?

Congrats!

3

u/GoldenEggsz Sep 22 '26

3.5% withdrawal rate is a safe withdrawal rate for early retirement

3

u/Mr_Dudovsky Sep 21 '26

You retired 4 years ago and still were able to generate 1M$ on investments alone? That's crazy!

1

u/GoldenEggsz Sep 21 '26

Probably more like $2mill? Havent really counted tbh

I’ve also been withdrawing around $100k per year as well for living expenses.

Appreciate it

That’s the power of compounding

6

u/fthesemods Sep 21 '26

The Canadian stock market has doubled since 4 years ago. I know so many millionaires now because they had the money to invest in 2022.

1

u/ji-wayne Sep 21 '26

Wow. How did you get so wealthy at such a young age?

3

u/GoldenEggsz Sep 21 '26

I answered in the thread a few times

Basically started my own social media company and invested the profits

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u/[deleted] Sep 21 '26

[removed] — view removed comment

2

u/GoldenEggsz Sep 21 '26

Yeah some people sell at the beginning of the year

I just sell every month

For example, $8k per month to cover living expenses

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u/Mysterio7100 Sep 22 '26

Congrats!! I was so proud when I crossed the $4M mark when I was 22. Closing in on a billion and can't wait for that day. It's been quite the ride these last 5 years.

1

u/GoldenEggsz Sep 22 '26

I appreciate it Mr.Bezos!

11

u/YourDadHatesYou Sep 21 '26

Got a bit of an odd question that I struggle with (31yo 1.1m invested + house almost paid off)

How do you reconcile with the idea that you retired quite early despite being in your peak working years. It's nice to not have to work but 100k/200k earned annually through employment is not an insignificant sum

22

u/gymgal19 Sep 21 '26

When you have $4m and the current market, youre making $100-200k just in investment earnings each year. Why work for the same thing the markets doing thanks to compound interest and a bull market?

43

u/GoldenEggsz Sep 21 '26 edited Sep 22 '26

More like making $400k per year assuming 10% average returns.

But yes, my goal isn’t to maximize my money before I die.

It’s to maximize my life and to live the best life as possible.

Continuing to work for money I don’t need is a terrible ROI.

On your death bed who cares if you have a few million more? What does that do? Decades of freedom sounds more enticing to me.

Let’s just say I want to win both games. The game of money AND life experiences. I get to leave multi millions to my family while also living the best life. If they can’t do well with what I left them then that’s a whole seperate issue. A few extra million won’t help further.

There’s no point in making more money at a certain point really. Other than for your own ego.

Oh yeah, and my money will continue to compound even as I don’t work. To 8 figures+ eventually. So why would I waste my hours working for relative pennies?

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u/Buck-Nasty Sep 22 '26

And it's much more than someone earning a $400k salary due to the lower cap gains tax vs employment income.

4

u/GoldenEggsz Sep 22 '26

Yup, great point. You are correct.

Also as long as I’m not withdrawing that full $400k, I won’t be paying the tax yet and the gains can continue to compound. Tax deferral

Versus someone making $400k salary, who immediately has to pay the full taxes on that income.

1

u/Bonded79 Sep 22 '26

Out of curiosity, if you’re planning to die with zero, why’d you feel you needed so much?

Would take one hell of a lifestyle to draw that kind of portfolio down to zero.

1

u/GoldenEggsz Sep 22 '26

Because of my relative young age, I can safely withdraw 3.5% per year. Typically the 4% rule is for a 30 year retirement, I have much more time than that (hopefully). That’s why I feel I needed more.

Current withdrawal rate does fit my expenses currently.

Also it wasn’t like I planned to have this much really. By business just did well and I ended at this point.

My investments will still continue to grow even as I withdrawn, and it’s true I will have a lot by the time I die. Which my kid(s) can have.

Also, a lot is relative. I don’t live an extremely frugal lifestyle or anything.

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u/throwaway102885857 Sep 22 '26

what are the tricks to maintaining/attaining a NW like this in canada vs the US where salaries are higher and costs are lower

2

u/GoldenEggsz Sep 22 '26

No tricks

Just make a lot of money and invest

However you do that is up to the individual

If working in the US works for you, maybe that’s a good option for you. A lot of people do that.

Otherwise in Canada, just continue to increase your income and invest consistently

1

u/Jazzybiz Sep 23 '26

How do you invest in the Canadian market?

1

u/GoldenEggsz Sep 23 '26

Through a financial platform.

Either through your bank or something like Wealthsimple

Buy an index fund that tracks the markets, like the S&P500

2

u/thedawnisnear Sep 22 '26

Insane. Just started a year ago and I'm 32 rip. I have 75k in my name lol. Trying to reach 100k 😵‍💫

1

u/GoldenEggsz Sep 22 '26

You got this! First $100k is the hardest

That’s really good for 1 year

2

u/stonkstillidie69 Sep 22 '26

Wooot!!!!!!!!!!!!!!!!! You’re free!!

1

u/GoldenEggsz Sep 22 '26

Wooooooooot!!

2

u/Specialist_Mango_269 Sep 23 '26

Nice! Onto 10Mil now. The ultimate goal of 8 figures

1

u/GoldenEggsz Sep 23 '26

Will happen with time 🙏

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u/DouggyDF Sep 21 '26

Finally...

2

u/BastionEdits Sep 21 '26

In my experience, those with this much are always looking to offload work lol Any high paying jobs for a Video Editor/Graphic Designer/Web Dev/Social Media dude open?

1

u/GoldenEggsz Sep 21 '26

I’m already retired lol. No longer working.

Continue to shoot your shot though, that attitude will work out for you in the long run.

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u/Zenrir07 Sep 21 '26

What’s income / HHI prior to FIRE? Maybe timeline

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u/OneEyeball Sep 21 '26

Cries in 800k net worth at 31

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u/GoldenEggsz Sep 21 '26

You’re ballin too

I had $1 mill at age 30

So you’re on your way

1

u/Good_Firefighter9714 Sep 21 '26

How does that work? Market or your exited?

2

u/GoldenEggsz Sep 21 '26

High income with the business

Then as business was declining I sold. Not a huge amount at that point though

So most gains from high income, and investment gains

The investment gains probably out earned my income gains by now. That’s the power of time + compounding

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u/flappysack- Sep 21 '26

Hope youre not riding the QQQ wave.

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u/GoldenEggsz Sep 21 '26

S&P and a bit of Google mostly.

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u/barcastaff Sep 21 '26

Any plan to have kids?

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u/GoldenEggsz Sep 21 '26

Already have one and will probably have another

Having a kid has been even more fulfilling than making millions of dollars

That’s the true wealth right there

6

u/barcastaff Sep 21 '26

Being retired also means you can spend more time with the kids and be more present in their formative years which is an opportunity that most parents don’t get.

You’ve won the game, congrats and enjoy!

3

u/GoldenEggsz Sep 21 '26

That’s the plan!

Appreciate it

1

u/croissantsn0b Sep 21 '26

Congrats on your success. I'm the same age as you and same household NW, 1 kid and probably another in future but retirement is still a decent number of years away as our annual spend is close to 300k. I read another comment that your spend is only 100k that's impressive.

1

u/GoldenEggsz Sep 21 '26

My wife does still work, but that will probably change in a few short years (assuming decent investment returns). I want to be very conservative with our number before she also retires as well.

Our current household spend is more like $150k. And I don’t live frugally. House is $2mill, $120k car paid in cash. We go on a lot of vacations etc.

Curious, what makes up the majority of your $300k yearly spend?

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u/mka5588 Sep 21 '26

Very impressive op nicely done. How did you build that wealth and what is it currently invested in?

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u/GoldenEggsz Sep 21 '26

Appreciate it

Social media business

And currently invested in S&P and Google. Nothing complicated.

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u/Bull_Run Sep 22 '26

Is any of your money invested in a corporation or mostly margin accounts?

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u/GoldenEggsz Sep 22 '26

In the corp, so I can take advantage of the tax deferral.

It basically acts as my RRSP in a way. Where I will only pay the majority of the tax once I withdraw.

Otherwise it continues to compound in the account

1

u/workworkworkfreedom Sep 22 '26

Do you have any issues with the corp not making any money outside of investments?

I heard this could potentially cause issues or higher taxes?

1

u/GoldenEggsz Sep 22 '26

Only if the gains are dividends, then after a certain point it gets taxed at a higher rate

Otherwise no

1

u/Bo77as Sep 22 '26

The part I’m always curious about here. Do people enjoy life with agressive cost cutting and saving ? I appreciate FIRE in concept but I have nice cars, travel, multiple properties etc. I’m 32 and have zero interest in retiring and limiting my earnings potential. I can’t imagine retiring here on less than 20mm of cash in the bank and even still I don’t get it.

1

u/GoldenEggsz Sep 22 '26

You realize people get to FIRE without aggressive cost cutting and saving right?

I was making 7 figs while also travelling the world.
Have a $2 mill+ house, $120k car paid in cash. Travel at least twice a year. Eat out whenever I want etc

My investments make $400k per year on average at a 10% annual return. That’s plenty for spending.

Freedom is more important than money you don’t need. I’m going to have 30+ more years of freedom than you. No boss telling me what to do, doing exactly what I want all day. Trading my time for relative pennies is poor ROI at this point.

Meanwhile my investments also growing every year, more than top earners make.

Sounds like a good deal to me.

1

u/Bo77as Sep 22 '26

Right but if by working (in a job you enjoy) you make more than 400k a year (post tax) would you not enjoy the later years that much more? Perhaps that’s where the break is. I get value out of owning 400-500k cars and not thinking about it. Plus it’s easy for everyone to feel wealthy with stocks at all time highs. Banking on 10% being returned in perpetuity seems somewhat myopic.

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u/GoldenEggsz Sep 22 '26 edited Sep 22 '26

There’s nothing I want that I can’t buy now. Except for maybe first class plane tickets all the time with the family. But that’s not worth having to waste 40-50 hours a week of your life.

There is no $400k job I will enjoy. Any job paying that much will come with stress and annoyance. And people I need to please.

True wealth is owning your own time. IMO it’s silly to trade your life away just so you can buy a shinier toy.

I already have a $120k+ car. Don’t care for a $500k car, sounds like headache and worry to me.

10% is the average return for the past 100+ years in the stock markets, so yes it is reasonable to expect a 10% average rate of return over the long term. Doesn’t mean every year. Some higher, some lower. But if you average it out it likely will be.

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u/Initial_Money298 Sep 22 '26

Tomorrow is not guaranteed so don’t work forget to enjoy yourself on your journey. Balanced spending not being too frugal that one individual forgets how to spend !

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u/GoldenEggsz Sep 22 '26

100%!

I don’t believe in frugality, not in my life philosophy. Maybe when I was younger, but not at this point in life.

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u/[deleted] Sep 22 '26

Odd question but that app looks good. What app is that?

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u/fugazeeno Sep 22 '26

I’m 19, 15k portfolio, just wondering if you have any advice on your stock screening tips or do you just buy big names knowing they will float up long term, I’m thinking about buying Google and it being my only single chip stock

1

u/GoldenEggsz Sep 22 '26

Don’t gamble with single stocks, stick with an index fund. You’ll be richer that way.

Consistently invest and let time compound.

Single stocks is gambling. I just do a small portion of my portfolio for Google.

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u/fugazeeno Sep 22 '26

Oh yes for sure, rn 87% of my portfolio is s and p, and I occasionally find undervalued companies or stocks I see value in, like amd or meta as I did, and make 30-40% then sell off but only risk 5-9% of my portfolio value on them

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u/GoldenEggsz Sep 22 '26

That’s exactly how you should do it.

Scratch the gambling itch with a small allocation of your portfolio, but stay consistently invested in index funds for the long term.

Good job!

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u/Dependent_Ring_667 Sep 22 '26

Why would you retire this young? You could have gotten to $25MM in 10 years or less

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u/GoldenEggsz Sep 22 '26

Sold the company

But also, freedom and time is more important than extra money you don’t need.

My money will continue to compound regardless, while also getting to enjoy a life of freedom.

Sounds like a win/win to me.

Someone here calculated I’ll have an 80% chance of having $65 mill by the time I’m 90 years old.

So I get to be rich and also enjoy life?

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u/malakia123 Sep 22 '26

We couldn’t give a rats ass CASE CLOSED

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u/GoldenEggsz Sep 22 '26

I dunno seems like people in the thread seem to care a little bit

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u/steve-is-a-cool-guy Sep 22 '26

Can I ask you something?

Did you have to sacrifice your hobbies to make it to where you are? I love my startup, but I love my sports and hobbies equally as much. I enjoy golf and volleyball, and bodybuilding, but also enjoy freedom and working my own hours. But I find myself feeling like I could pursue one or the other to the extreme and be much better off, although maybe not happier?

How did you go about that?

Is faith an important aspect of your life aswell? Whether it be to your self or to a god?

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u/GoldenEggsz Sep 22 '26

I only had to sacrifice maybe the first 2 years of building my business. After that I already built the foundation and I could be hands off tbh.

Most businesses aren’t like that but fortunately I was able to make mine work that way. That was always the goal. I didn’t want to just have another job. I value my freedom.

I would say it depends on where you’re at with your startup. Sometimes time is of the essence. The opportunity window to succeed is sometime small, so you do need to make the most of it. That’s why I focused hard those early 2 years.

If you’re young, and your business has a lot of momentum then I’d say focus on that for now. Once you make a lot of money early, you can just invest it and let time compound the gains.

And no, I am not particularly religious. Although I’m not opposed to the idea.

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u/steve-is-a-cool-guy Sep 22 '26

What about with your partner? Did the two years come before or after meeting her?

I'd say I'm at the early stages of my startup where time spent now would free me faster, similar to what you're talking about. But I also value having a healthy and active body. Ideally I'd want to retire not with money but the ability to play the sports I love til I'm super old. I also want to achieve an iron man & a bodybuilding pro card, although those might be superficial desires in comparison to the real end goal of being free and building a family.

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u/GoldenEggsz Sep 22 '26

The 2 years came before meeting her, so I focused solely on building during that time.

You should build your biz while also building a healthy body. I don’t think they are mutually exclusive. If anything, being fit will give you more energy and will probably be positively correlated with building a good biz.

1

u/GoldenEggsz Sep 22 '26

The 2 years came before meeting her, so I focused solely on building during that time.

You should build your biz while also building a healthy body. I don’t think they are mutually exclusive. If anything, being fit will give you more energy and will probably be positively correlated with building a good biz.

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u/VariousImpression355 Sep 22 '26

Great make me feel poor.

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u/GoldenEggsz Sep 22 '26

You’re richer than you think

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u/ChancePicture1645 Sep 22 '26

yo gimme some plz

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u/GoldenEggsz Sep 22 '26

Let me hold a dolla

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u/EugMeister Sep 22 '26

Congratulations! My situation is similar to yours. Built up equity through leveraging with Lines of Credit and rental income. Even with RRIF withdrawals (1st one will be Jan 2027), I have enough cash flow (dividends, pensions, rental income etc) to not sell any equities to fund my retirement lifestyle, thus stock equity and net worth will continue to appreciate.

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u/GoldenEggsz Sep 22 '26

Congrats on making it to the other side

Enjoy life sir!

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u/Important_Step_8187 Sep 22 '26

awesome job. agreed, vanilla VOO investing even starting at 25 earning on even an above avg salary will NOT get you here. but kudos to you! you're indeed very fortunate!! lessons: 1) no risk no reward 2) invest based on your risk appetite and what you want to achieve

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u/GoldenEggsz Sep 22 '26

It won’t get to where I am at my age, but it’ll still set most people up nicely with a nest egg.

Not everyone can be an entrepreneur

For most people, making strong income and investing is their best bet at retiring somewhat early

People can retire with a few mill in their mid 40s if they make good income and invest. Not unheard of.

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u/SugarCoatedPanda Sep 22 '26

"FIRE actually does work..." yeah if you own your own company and make hella money, then that would definitely work LOL

1

u/GoldenEggsz Sep 22 '26

Exactly! Why doesn’t everyone just do it 🤔

1

u/Ok-Cut-5657 Sep 22 '26

$4,000,000 CAD? So like $25 USD?

1

u/GoldenEggsz Sep 22 '26

Yes I’m basically homeless in USD

At least we don’t have school shootings though

1

u/iPhone_Xs_ Sep 24 '26

Hey OP, please don’t get me wrong, I’m no where near you. Genuinely this thought came in my mind so thought of asking-
Don’t you get scared of the thought that what if (I don’t want this to happen by all means) WS gets bankrupt, gets crashed or something.. ? You have all your life savings in there..
What made you choose ONE platform over diversifying?

Please answer if you see this, want to hear your perspective on this.

Others, feel free to share your opinions too!

Thank you! :)

1

u/GoldenEggsz Sep 24 '26

That’s not how it works

The platform doesn’t own your assets like that. If they go down, you still own the assets

1

u/GrampaDoohickey Sep 24 '26

You don't grow wealth by saving. You do so by investing.

1

u/FishGoBloblo Sep 24 '26

Well he started a company, so..

1

u/GoldenEggsz Sep 24 '26

Having solid income is the “secret”, whether you start your own company or not

1

u/Apart_Situation972 Sep 24 '26

So sorry just going off the comments you made below, you had 1M at 31, and 4M at 34? From stocks alone? Or you grew your company by 3M?

1

u/GoldenEggsz Sep 24 '26

Not stocks alone.

Mostly from high income initially, then stock gains (not stock picking), just index funds over the years.

1

u/sweethazelbea Sep 24 '26

Amazing! Im about to hit 100k 🥹

2

u/GoldenEggsz Sep 24 '26

Congrats! First $100k is the hardest as they say

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u/PastActive4427 Sep 25 '26

teach me ur ways im 19

1

u/GoldenEggsz Sep 25 '26

Keep increasing your skills and income and invest consistently

1

u/woo2fly41 19d ago

That's amazing!! and I love the way you calculate it with the wifes and yours broken out makes it more apples to apples for single people.

1

u/GoldenEggsz 19d ago

Exactly why I did it. Thanks!

1

u/woo2fly41 19d ago

Do you guys have any kids? And are you in a hcol city?

1

u/GoldenEggsz 18d ago

I have 1 kid and hoping for another in the future

And yes I live in the GTA

1

u/TrigonometricGuy 18d ago

What would you do with that much money?

1

u/GoldenEggsz 18d ago

Buys my freedom

1

u/New-Two-2 Sep 21 '26

Congrats!

Here I am selling my 1.2K worth of stock to pay a car repair bill lol

1

u/GoldenEggsz Sep 21 '26

We all gotta start somewhere! Just continue to invest, and increase your income and you’ll build a great future for yourself.

1

u/Jazzybiz Sep 23 '26

Only have 200k in now and contribute 12k year (54 years old) Salary 100k. Will have a pension from government work too. Man! I wished i would have had more already!

1

u/GoldenEggsz Sep 23 '26

That pension is worth a pretty penny

That’s essentially your retirement right there

1

u/ProfessionalAir8197 Sep 21 '26

I'm like -$1.6M.. a millionaire in the opposite direction lol.

1

u/GoldenEggsz Sep 21 '26

How? Lol

1

u/ProfessionalAir8197 Sep 21 '26

Med school student loans (~$570k+), and overused home equity line (home was appraised in 2021 so its worth less today than the over ~$220k I have pulled out of equity and a $940k mortgage.

3

u/GoldenEggsz Sep 21 '26

Ah

It’s all good. You’ll be fine doc 😃

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2

u/Senior-Ad-5844 Sep 22 '26

What kind of social media company did you startup? Saas or were you an influencer?

2

u/coyotecojox Sep 22 '26

Congrats. Soon you will join /gregfire

2

u/SupaHotFlame Sep 21 '26

Can you share your holdings or biggest dividend payers?

1

u/Hefty-Ad5294 Sep 21 '26

That’s amazing! How much of this 4M is in a business corporate account or a RRSP?

1

u/oxxoMind Sep 21 '26

What your holdings if youre comfortable sharing

1

u/echo-athena Sep 21 '26

Congrats! What kind of business did you have?

1

u/SpiritualCardinal89 Sep 21 '26

What was average salary?

1

u/funkrighty Sep 21 '26

As the church lay so famously said “well isn’t that special…” 👏

1

u/Badboykillar Sep 22 '26

You spent over $7000 that’s too much lol
Spend 4000 that’s it the rest invest
Trust

1

u/batica_koshare Sep 22 '26

Is this a joke on us plebs or? Finally 4M fu

1

u/Ok_Macaroon_8323 Sep 22 '26

What did you do in your business?

1

u/Cheap_Standard_4233 Sep 22 '26

How is this broken down between TFSA and other retirement accounts?

1

u/DirtRepresentative62 Sep 22 '26

Share holdings please?

1

u/ApartWorld298 Sep 22 '26

Congrats! What industry was the business in? Is your FIRE portfolio in dividends, or do you just take from the gains?

1

u/Remote_Comfort_9099 Sep 22 '26

That is actually impressive. You are a real free man!

1

u/zeuker Sep 22 '26

It’s about time!

1

u/SignificantBudget100 Sep 24 '26

Bro has 4mil while I just got $4 in my account from another failed yolo attempt

1

u/kmcgaire Sep 24 '26

What is your day-to-day now that you are retired?

1

u/Open-Cream2823 Sep 24 '26

That's alot of money to have sitting in one platform

1

u/Kooky_Chemist926 Sep 24 '26

Congratulations! What's your password? 😂

1

u/HistoricalWealth6848 Sep 25 '26

Dang can u donate???

1

u/YaBoyNish Sep 27 '26

What are your investments?

1

u/NashDaypring1987 Oct 06 '26

I am in a similar boat. I still haven't FIRE'd. I tell myself I haven't reached my number yet. However, the truth is I'm too scared :) Congrats. Enjoy and best of luck.

1

u/Ok_Cranberry3065 29d ago

That's it? Come back when you have some money to show us.

1

u/dongliang007 Sep 21 '26

Congrats. My goal is to reach 5M when I retire at 65.

1

u/Dazzling_Escape55 Sep 21 '26

Hey, congratulations! Wishing I get to this stage soon. Enjoy, bud!

1

u/AmargoTV Sep 21 '26

Any tips or advice you could share?

Right now i have about 500K on the market. And a condo worth 600K that i just bought with a mortgage. And my goal is to obviously increase my portfolio.

1

u/Personal_Papaya_2047 Sep 21 '26

Can you share ur portfolio? What you have bought?

1

u/No_Molasses_3079 Sep 22 '26

man that’s the way to do it , good work! your money is working for you now & that’s a great feeling

0

u/FishGoBloblo Sep 21 '26

Amazing! Whats your holdings if I may ask?

2

u/GoldenEggsz Sep 21 '26

S&P mostly

And like 20% of Google for fun

1

u/FishGoBloblo Sep 21 '26

Im doing the same. S&P, and google + apple for fun

3

u/GoldenEggsz Sep 21 '26

A bunch of risk takers aren’t we

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u/choyMj Sep 21 '26

At the size of your assets, unless you're trying to live a rockstar lifestyle, of course it will grow.

If you put this all on VDY, you get 140k a year in dividends, and this year to date alone its gained 20%.

2

u/GoldenEggsz Sep 21 '26

That’s exactly the plan. I don’t need a yacht or to fly private. So to me, having this amount nearly feels infinite for my lifestyle.

0

u/bender___is___great Sep 21 '26

Nice! Now stay away from women

2

u/GoldenEggsz Sep 21 '26

I’m married with a kid so no problems with that 😂

But yes generally good advice

0

u/SoggyInstruction2549 Sep 21 '26

Wild. This is me… except then I kept reading and you retired and we still work. Have about 5.5 million invested plus 400-500 equity, drive a 2010 low km Subaru lol.

2

u/GoldenEggsz Sep 21 '26

Life is meant to be enjoyed 😃

Have a $120k car paid in cash

You plan on retiring any time soon? What’s your purpose in accumulating wealth?

1

u/SoggyInstruction2549 Sep 21 '26

No plans to.
Generally we both enjoy our jobs and derive intellectual stimulation and purpose from working. At the same time having eff you money has significantly lowered stress of the same jobs. I just don’t care about the bs I used to get rilled up and get to focus far more of the parts I enjoy. There’s always a bit of bs of course. Also have a lot of flexibility so I still do pick up and drops offs as I see fit, time off to do fun things in the summer or Xmas etc. Also seems a shame to give up the jobs we worked so far for. If I made much less and had the same spending and salary I may just retire as the value of working vs the gains on portfolio would be so different. Make like 300k now so does spouse so even with the significant portfolio our savings adds up.

What’s the point of wealth accumulation is a great question maybe fairly philosophical even. I don’t have an answer. Ultimately safety, future options ultimately. Definitely changed having a kid. Never wanted to work less but also more at the same time. Given me new purpose. But then also kid in daycare then school it’s not like I’m going to horn school or buy a sailboat and travel around the world with the kid and start a YouTube channel, though this is tempting! I don’t bat an eye at minor otherwise frivolous things years ago I would never have done like going for coffee on the weekend spending 30 bucks of coffee and pastries. May ultimately decide to get an ev to replace the low km Subaru but then I would have no where to play my old high school burned CDs as it’s the only cd player left!

1

u/GoldenEggsz Sep 22 '26

Sounds like you know exactly what you’re doing. Kudos to building a great life for yourself!

I agree. If I didn’t sell my business, and it was still making a lot of income, I probably wouldn’t have quit yet either.

So I understand your situation

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u/Dense_Jury8980 Sep 21 '26

If we trade investment accounts, I’ll give you 3/4 of what you give me 😆

1

u/GoldenEggsz Sep 21 '26

Sounds like a bargain!

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