How rich are you?

ASL - Male, 24, Chicago IL

Net worth - $300k, will inherit $10 million+

Income- $150k/yr gross, net take home ~$2250/wk working as a Software Engineer 45hrs/wk

Education- Dropped out twice from 2 schools, got a Bachelors in Computer Science from a third university literally last month Feb 2020 :)

$180k in 401k
$25k in Roth IRA
$5k savings
$65k equity in a condo worth ~$265k
$2k Vehicle

$180k mortgage
$15k Credit Cards

Other then earning more as a software engineer, I think I can make 200k-250k by switching jobs this year, I am working on a startup on the side. I am extremely confident 99%+ my company will be worth a minimum of $50 million in 6 years by the time i'm 30. I am 5-10% confident that things can snowball and with enough luck that the company can be worth a Billion+ in 6 years.

My goal for this year is to earn $1 Mil or have net worth of $1 Million. I give myself a 90% of succeeding. I spend 20hr/wk on my startup and another 20hrs/wk improving my software skills/knowledge. Once my startup produces 10x my current jobs pay i'll quit my job.

/r/AskReddit Thread