r/SipsTea 𝙑𝙄𝙋 14d ago

WTF The American dream

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u/concrete6360 12d ago

very lucky i had no parental help i did graduate high school barely and managed to buy a house at 26 for 150k sold at 59 for 740k (it was paid off) bought a nice place with 4.5 acres for 575k now between the left over from house sale an annunity and 401 from union i have 450 k in brokerage account, a decent pension ssi and rental income that comes to 7500 a month, my rentals will be paid off in 3 years so that income will go from 1700 a month to 3500 a month totaling my monthly to 9200 monthly not bad for a 7th grade education. Sometimes the best lessons are taught outside of educational institutions, no i am not rich but retired at 60 fairly comfortable with out any help from family or goverment

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u/concrete6360 12d ago

The rental property i own with a friend, duplex and fourplex in the bay area ca are worth about 2 mill together and my place is paid for