The 4 Bases of Finances for 40-year-olds

Over a decade ago there was a movie that came out starring Steve Carell as The 40-Year-Old Virgin. Today, I want to talk about another kind of virginity, what I will call millionaire virginity. Until you have $1,000,000 of annual income (not net worth) you are a millionaire virgin. If you happen to be a 40-year-old millionaire virgin, the good news is that it’s never been easier than in 2017 to go all the way and have a 7-figure income.

Where are you at?

First Base:

This is the 40-year-old who has never made more than $100,000 a year. This is basic necessities, mostly paycheck to paycheck life. It’s eating out at Subway and it’s one unexpected expense away from going into credit card debt. Those that make $80,000+ think they are doing well but this is a mistake.

The bottom line is there is no money here, you aren’t even close to consummating your million-dollar life.

Second Base:

These 40-year-olds have made over $100,000 annually and have put some savings away. The truth is though until you hit $200,000 a year you can’t even be an accredited investor. That means you’re still too broke by law to even be allowed to invest your money with me in my real estate fund or with anyone else outside of Wall Street.

You’re doing better than most here, but you’re not doing near as good as you could be doing. Your million-dollar consummation is still in the distance.  

Third Base:

These 40-year-olds might be doctors, lawyers, bankers, or salespeople. Many of these people are millionaires if you count their total net worth—including their home. Some may have an exotic car, though they shouldn’t yet because mere net-worth millionaires are the new middle class.

You’re almost to success at this level but you need to keep pushing. You’re flirting with riches but you haven’t yet “gone all the way”.


I went on Lewis Howe’s School of Greatness Podcast and told him a person needs about $20 million before they can be considered “rich”. This is because most people haven’t actually done the math to know how much they really need. Any 40-year-old in 2017 who hasn’t hit $20 million yet should not consider him or herself financially successful yet.

Your “millionaire virginity” is not lost when you have a million dollars in net worth. You need $1,000,000 in income a year to really be a “millionaire”.    

Comment below which base you’re on and what you think you need to do to take your finances to home plate and score.

By the way, 10XGrowthCon 2018 is designed to take you beyond 1st, 2nd, and 3rd base to hit the level of financial success most people only dream of. Remember this: if you say no to $83,000 a month, then you say yes to something else ($83,000 a year?)

Let’s be real—nobody wants to be the 40-year-old virgin.

Reserve your seat today for the best conference you’ll ever attend.

Be great,


Grant Cardone is a New York Times bestselling author, the #1 sales trainer in the world, and an internationally renowned speaker on leadership, real estate investing, entrepreneurship, social media, and finance. His 5 privately held companies have annual revenues exceeding $100 million. Forbes named Mr. Cardone #1 of the “25 Marketing Influencers to Watch in 2017”. Grant’s straight-shooting viewpoints on the economy, the middle class, and business have made him a valuable resource for media seeking commentary and insights on real topics that matter. He regularly appears on Fox News, Fox Business, CNBC, and MSNBC, and writes for Forbes, Success Magazine, Business Insider,, and the Huffington Post. He urges his followers and clients to make success their duty, responsibility, and obligation. He currently resides in South Florida with his wife and two daughters.

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