What is your net worth? $1,900,000
Are you filling this out as an individual or a couple?:Couple
At what age(s) did you become a net worth millionaire? 50 and 60
What region of New Zealand do you live in? Taranaki
How did you accumulate your net worth, what are you invested in? House increase, stock market, bank investments, wages, inheritance.
What was your highest average household WEEKLY income after tax? $1,400
What is your career? Bus driver and administrative executive.
Do you have children? YES
Do you have a tertiary qualification? YES
Did you inherit any of your money? YES
If YES, how much did you inherit? $290,000
What's the approximate value of your house? $1,200,000
Are you debt free now? YES
Are you in KiwiSaver? YES
Were you taught about money? YES
If YES, how were you taught? Parents plus advisers
What is the most enjoyable thing you do with money? Travel, plus buying a caravan
Do you use your money or your time to help others? YES
If YES, can you please elaborate? Volunteer when we can, help family etc
What is your greatest financial win? House price increases
What is your worst financial mistake? Some share market investments
What advice do you have for others? Save for retirement as soon as you can, such as from the age of 18 when you get your first job. Work hard, but don’t forget to enjoy life along the way. Invest any money left over.
What is the point of having a net worth above $1,000,000. What does it mean to you? We can retire early.
Finish these sentences:
If you want to build wealth do this: Start investing and saving for retirement as early as possible.
If you want to build wealth avoid doing this: Drinking , smoking, gambling and divorce.
If these questions don’t adequately tell your story, feel free to briefly elaborate here: We still worry if we have enough to retire early and are always checking if so.