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How to celebrate 1 million net worth?

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  • How to celebrate 1 million net worth?

    My wife and I will likely be crossing $1 million in the next few months in our early/mid 30's through a combination of hard work, smart decisions and a little luck. We don't plan on doing anything major (staying true to the principles that got us here), but also want to celebrate the achievement. I was curious what other people on this forum have done to celebrate specific financial milestones.

  • #2
    Day time celebration: plane with a banner behind it stating the accomplishment.

    Night time celebration: rent a limo and stand through the moon roof yelling at passing cars about the accomplishment then drive around while eating all you can eat spicy nuggets while having some Zimas.

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    • #3
      We bought a nice bottle of wine after we paid off my student loans (paid off ~300k in one year). It was a huge splurge ($250), but we love wine. We told ourselves, our next wine splurge will be when we pay off our home (we don’t own a home yet, we are still renting )

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      • #4
        I will probably schedule an emergency spreadsheet meeting..... Then we will go about our day

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        • #5
          Originally posted by WorkforFIRE View Post
          We bought a nice bottle of wine after we paid off my student loans (paid off ~300k in one year). It was a huge splurge ($250), but we love wine. We told ourselves, our next wine splurge will be when we pay off our home (we don’t own a home yet, we are still renting )
          Do tell what bottle. Bordeaux?


          I told my husband he's allowed to go have custom suits made in London when we reach $1M NW but by then he'll probably be over the whole Peaky Blinders look...

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          • #6
            We are pre- celebrating with a kick ****************** trip to Europe at the end of the year (will probably hit the milestone in early 2021). Sometimes you just have to go big ;-) Seriously though, I've had 2 friends lose pretty young colleagues in the past few months. It made me realize I need a little more balance so we are checking two big thing off our wish list this year.

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            • #7
              Originally posted by mapplebum View Post

              Do tell what bottle. Bordeaux?


              I told my husband he's allowed to go have custom suits made in London when we reach $1M NW but by then he'll probably be over the whole Peaky Blinders look...
              It was Rubicon

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              • #8
                A vacation. But if you can't, at least a nice dinner with a huge tip.
                Helping those who wear the white coat get a fair shake on Wall Street since 2011

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                • #9
                  Didn’t know when we crossed it. We travel a lot as it is, so any one of our trips in late 2018 or early 2019 probably would have been it.

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                  • #10
                    I put it all on black.

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                    • #11
                      On a similar (but much less impressive) note, what is an appropriate celebration for you 100k in retirement and 250k net worth? I’m thinking Chick-fil-A? Maybe buy myself some AirPods?

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                      • #12
                        I didn't notice $1MM. too busy working and still had a lot of mortgage debt.

                        I like single malt scotch. big milestones justify opening a bottle from the collection.

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                        • #13
                          I think it was champagne. The cheap kind. Celebrated more when student loans were paid off

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                          • #14
                            We booked a trip for Europe after we paid off student loans. Not sure what we're gonna do at 1 MM... probably nothing? It's 3 years away (projected), so it's hard to know what I'll be itching for at that point.

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                            • #15
                              I actually had the same question as OP. I should be submitting my application for the 2 comma club in the next couple of months. I've been trying to decide how/what to do to to "treat" myself.

                              A day off? Can't, the loss of income for the day will bum me out.

                              Pizza & Taco Bell in the same day? This is a common thing for me already...Mmmmmmm.

                              If it was warm weather I'd go sit in the park for a while. I'll probably get ice cream... actually gelato from a (French) bakery near my house. They have this really good hazelnut (Nutella/Ferrero Rocher) flavor, followed by a walk around Home Depot or Costco. Not both... that's for when I hit $2 million.
                              $1 saved = >$1 earned. ✓

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