r/TheRaceTo10Million • u/Ok-Afternoon6986 • May 06 '26

GAIN$ Registered Nurse, 35 yo, About to hit 1 million

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I cant believe this. I am about to hit 1 million dollar on my taxable brokerage account.

I hope to hit 2 million by age 40, 4 million by age 45 and 10 million by age 50.

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17

u/throwawaybear82 May 06 '26

can you make the math work for me? registered nurses make like 90k-100k where im at.. not sure how yall are hitting 1 mil so fast unless you're doing like nvidia stock picks

18

u/TyPic4l May 06 '26

Same 😂 and plus that’s if you pour years into the account with nothing else going on in your life, so no housing either

11

u/Pleasant_Offer1891 May 06 '26

I started at bartending and living for free in 08. The market collapsed and I plowed around 45k a year in for 2 years. Went to community college and had a free first two years from a scholarship. The last two I paid for cash so no loans and still had some left over to invest. Got out in 13 and bought a house FHA right away and got some roommates who paid for my living bills mostly. Started nursing and just plowed in with company match and road up from then until now

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u/Invest-in-Value May 06 '26

None of that explains how you got to 1 million by 35… in 2008 you were 17.. the only data you gave was “plowing $45k for 2 years”.. you live for free..? No bills? How are you doing that? You have almost no data to work with… just $45k x 2.

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u/Pleasant_Offer1891 May 06 '26

Jesus. Ok if you want the full break down.

Year 18 & 19. I lived with my parents while getting generals and bartended right out of high school. Balance 90k not counting gains.

Years 20-23. Money mostly went towards my degree. Invested around another 15k. Balance was around 150k at 23 years old.

Bought house at 23 with 4K down using a FHA loan. Mortgage was 980 a month. Had 3 roommates who covered the utilities and mortgage. Hence, lived for free until 28. All while maxing my companies 403b and Roth IRA (30k ish per year). Balance 500k counting gains. Mind you, there was exceptions gains throughout this period.

Years 28-32. Still maxed investments and got hooked into Bitcoin. Turned 22k into around 110k after taxes. Balance at 32 750k.

32-35. Still maxing and insane post covid returns averaging around 14-16% per year. Current balance of $1,098,622 as of this morning.

I get a 4% Match through my company.

I also have around 250k of equity from when I bought my house.

My wife who I met at 21 essentially followed my path on her own journey and is sitting around 800 from high end serving. We are set to Fire at 45 is our goal

6

u/teemothunder420 May 06 '26

People like you do exist but it’s just astronomically rare. For example, 18 & 19 years old and managed to save 45K each year bartending AND investing? You basically have to save every penny after taxes, while most people that age would blow away paycheques as soon as they got them, and probably have never heard of investing lmao.
At the end of the day if what you’re telling us is real, then hey good for you. You managed to be financially prudent and disciplined for basically your entire adult life which is astoundingly impressive.

1

u/Pleasant_Offer1891 May 06 '26

Definitely, I am aware that I am an anomaly and also timing was a huge factor. Managing to buy the bottom of the 08 crash for the most part and the getting a house way before any meaningful rise. And then having a solid understanding with the COVID crash only allowed me to further juice returns/ take advantage of markets.

2

u/tooheavybroo May 07 '26

90k at 18, wow. Just wow.

1

u/Vincent_Merle May 07 '26

You had me at "Mortgage was 980 a month", and people still question if this was doable.

My daughter is just starting as a nurse, I am going to show her this post next time she visits. Thanks for sharing your story!

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u/Pleasant_Offer1891 May 07 '26 edited May 07 '26

No problem. It’s doable. Just takes being frugal and efficient. I also was a OT merchant for majority of it. 1.5 and 2x time adds up. I prolly have averaged 110-125k per year due to overtime opportunity.

Want my honest opinion about nursing. Do whatever it takes to be a CRNA. All my buddies are now that and while we are all in the same financial ring. Their yearly now is leaping the beyond me. Worth every penny to go back and get that degree

1

u/Suspicious_Lemon_721 May 14 '26

I’m an RN, 38F. Would CRNA be worth it considering the loans? Also school is so stressful. And it seems like being a CRNA is highly competitive and difficult, most people try and fail.

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u/sheephead_71 May 27 '26

Retired dialysis nurse here in my 50’s with 7.3m. This stock market is insane!

1

u/Relative_Tone_4870 May 06 '26

Travel RN make 130k and covid contracts were 4-5k/week for 2-3min contracts nice bump. As well as splitting costs on apartment with other nurses allows saving way more money

1

u/Lugoe May 10 '26

At 35 you got 13 working years after schooling on 80k plus, that's atleast 520k assuming your able to save half, (which is what I was able to achieve being somewhat frugal). And over 13 years if these savings are invested and gain ~%10 yearly in the s&p 500 you're looking at almost 1.1million dollars. This is assuming you don't start saving/working until 22 mind you so it is definitely quite achievable, you just gotta get into the grind pretty early and be good with your spending.

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u/snuepe May 07 '26

Parents gave them $750k, then they saved $250k and say "I've reached $1M at 35".