Net worth is very important. You need to make sure you’re hitting the right goals at appropriate stages of your life to be comfortable. For software engineers,

Net worth is very important. You need to make sure you’re hitting the right goals at appropriate stages of your life to be comfortable. For software engineers, who easily make six figures a year, I’d say you should shoot for having a million in net worth by around age 30. This would mean you have good cash flow and smart investments. A home does not inherently decrease your net worth. When you buy, the value of the home is added to your net worth minus however much you owe in mortgage and whatever your downpayment and closing costs were. If your home appreciates in value a lot it can increase your networth powerfully, but it could also just decrease and cause you a lot of pain. Goes without saying your credit score should also be maxed out by the time you hit 30 to get the best interest rates. After the first million you should aim to reach the next million by about your mid to late 30s I’d say. Not sure of the trajectory beyond that.