Interested in some other datapoints. Focused mostly on mid/senior level IB in HCOL.
30 and have been in IB last 8 years and have $1.1M saved (401K, PTA, etc.). Small amount of college loans that have been paid off. No parental support since university.
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31, 1.45MM
Hopefully IB for 2 more years and get to 2MM and can walk away
30 yo, $1.4mm, took 2 years for MBA. Scholarship for undergrad and all loans for MBA
32, $3.1mm excluding unvested RSUs
How
$1.1M at 30 after 8 years in IB is solid, especially with no family help. You're well ahead of the curve.
That said, if you're in a HCOL city like NY or SF, that number doesn't go as far as it sounds. After taxes, rent, and the lifestyle creep that comes with this job, saving that much means you've been disciplined. Respect.
For context, I know VPs in their mid-30s with half that because they spent it on cars, watches, and trying to impress people they don't even like. You clearly didn't fall into that trap.
But here's the real question: what's the plan now? At 30, you've got enough to pivot to something with better hours if you want. Or stay and grind to $2M by 35. Both are valid. Just don't wake up at 40 with $3M and no idea what to do with your life other than check your portfolio.
Curious how much of that is liquid vs tied up in retirement accounts. If most of it's in your 401k, you can't touch it without penalties, so your actual accessible net worth might be lower than it looks.
Still, $1.1M at 30 in this industry is nothing to sneeze at. You're doing fine. Better than fine. Just make sure you're actually living a little too. This job takes enough from you already.
Sage advice from the intern.
28, ~700k
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