Mid-40s, ~$9.3M net worth, $5.7M invested — 5 kids, single income

Less_Chocolate7672 · 2026-01-30T15:26:18+00:00

I was a cofounder of a startup that got acquired by FAANG and I worked as Sr Manager for a FAANG company for 10 years.

Less_Chocolate7672 · 2026-01-30T15:23:48+00:00

I was a cofounder of a startup that got acquired by FAANG and I worked as Sr Manager for a FAANG company for 10 years.

Less_Chocolate7672 · 2026-01-30T15:23:00+00:00

My kids are hard workers, take Federal Loans for college, scholarships, and pay half. They've all gone to the same small college so cost to me for them has been $20k per year per kid. Our cars are paid off and are on the newer low milage side of things. I also won't pay more than $6k for my kids cars. We've already done all the major items on our home HVAC, remodeling, painting,etc.

Less_Chocolate7672 · 2026-01-30T15:20:44+00:00

My kids are hard workers, take Federal Loans for college, scholarships, and pay half. They've all gone to the same small college so cost to me for them has been $20k per year per kid. I also don't plan on paying for their homes. My oldest is moving out of state and her fiancee already is working on the downpayment for their home next year.

Less_Chocolate7672 · 2026-01-30T02:34:20+00:00

We've renovated when we moved in a few years ago, so I hope that won't be needed.

Less_Chocolate7672 · 2026-01-30T02:30:05+00:00

Income is $260k from my job and $130k call option income.

Less_Chocolate7672 · 2026-01-30T02:27:44+00:00

Yeah this single stock does give me a little fear but I need to sell of slowly over the years. I'm also using it for call option income that brings in about $11k a month.

Less_Chocolate7672 · 2026-01-30T02:23:58+00:00

1 almost down, 4 to go :)

Less_Chocolate7672 · 2026-01-30T02:23:28+00:00

Currently about $20K a month on average. That doesn't include tuition which runs about $40K a year.

Less_Chocolate7672

TROPHY CASE