Why Net Worth Skyrockets After $100k (and How to Get There)

A lot of people think you get wealthy by winning the lottery or inheriting money. The actual way you build TRUE wealth is slow and gradual…and then it suddenly explodes. I'll show you how in this video.

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Ramit Sethi is the host of Netflix’s “How To Get Rich” and New York Times bestselling author of “I Will Teach You To Be Rich” and “Money For Couples”

[ericsmith]

I just passed the 500k mark. Looking forward to getting to 1 million.

[phil_]

I’ll tell you what… just a few months back I was chasing and obsessing over $100k, and as of today I’m at $114k. Set to receive $1, 000 in dividends next week too. Everyone gets excited for gifts in December, but I get excited for dividends 😂😂

[MsSunnyMuffins]

I just turned 26 and am currently at just over 20k. I'm aiming for 100k by 30 and retirement by 50 🤠. That'll be 15 whole years given back to me!!

[rayzerot]

I hit 100k, blinked, and I'm already at 250k. We only have the median household income for the US. So excited for my next milestones!

[rachelsuson]

Love this example because it’s almost exactly what I did. I started investing at age 30 after reading your book. All I did was max out a Roth IRA every year (~$500/month and increased as Roth limits increased), and I hit $100k only 7 years later. Looking forward to seeing that continue to compound! 😍

[dmgainsguitars]

I confirm, earlier this year I reached 100k and my net worth is exploding, already at 170k. It took 4 years to get 70k and now less than 1 year to get another 70k

[daniel-ruiz]

For people who are more literal with terminology: note that the word and phrase "interest" and "compound interest" in this video actually mean "growth" and "compound growth" of investments, respectively. So this is about assets such as securities/ETFs that you purchase gaining value over time, *not* your money earning interest (money paid regularly at a particular rate for the use of money lent).

[AbiTheEngineer]

This is so true, my investments started growing a lot faster after reaching 100k, it's kinda cool to see

[GraziaMacahilas]

Investments are the roots of financial security; the deeper they grow, the stronger your future will be."

[darren]

I wish I learned this 20 years ago. Damn, I'm behind the game but I'm going to right this ship and max out my contribution for the next 25 until retirement.

[DariuszTech]

Unfortunately I didn't have a clue about investing. I had a bad experience in my early 20's and lost a lot of money. Today at 40 from channels like this I know that the investing is the way to go. Can't wait what's going to happen in 10-15 years time ❤❤

[JeraldAlmanza]

Your commitment to educating your audience is truly admirable. We all aspire to attain financial stability and improve our lives. This goal can be achieved through smart investments, mindful spending, and prudent budgeting. I'm thankful for realizing the significance of striving for financial freedom from a young age.

[Raee]

Most people don’t get inheritance, sure. I’d say that the Inheritance of knowledge is more lucky and powerful. I didn’t learn about this until my late 20’s. I’m happy I can share this with my kids one day.

[facelessman]

The cost point is super vital, people really overlook the impact driving a paid off car as long as possible, clearing student loans, etc.

[andrewdavies]

Watched your video with Steven Bartlett on diaries of CEO. Since August ive invested £6000 and im aiming for the million by the time im 60 and probably more. Im 41 and wish i had started 20 years ago but gonna make up for it now. Also bought your book. Thank you

[carloscarrasco]

This is the best, most honest and realistic video that you'll find about personal financial investments.

[davevinton]

Ramit is right on here. Started in 2014 with £0. This year (2024) hit £500k invested. It’s now starting to run harder than I can.

[_Brick_]

Bro I thought you was way older than me! You’re only 39? Not because your look, but the wisdom you have. I was only 22 when your book came out making you only 27. I still was lost financially at 27. Congratulations man.

[rasheedaogburn]

I have less than 100 pages left in your book and I started reading it 5 days ago. Such an eye opener! It has made me understand my relationship with money and change it. I also realized I’m not in bad shape, it’s just time to invest! Thanks, Remit!

[filb]

As someone who has more than 100K, I can confirm, it's crazy how fast it goes up. With the last 2 years bull run (including this year), I basically matched my salary in gains. I don't expect it to happen every year (like 2022 for example), but it's definitely a psychological boost.