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re: What's a "normal" amount of money for a late 20s person to have in savings?

Posted on 7/29/13 at 11:05 am to
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 7/29/13 at 11:05 am to
Yes, bc the average american is worth $1M at 40. LSURussian is only taking into account small business owners,doctors,lawyers,investment bankers, and the other professionals. If the average american was worth $1M at 40 we would be living in the golden ages of america.

I have a hard time believing someone worth $1.4M truly believes he is behind in life by being a millionaire with another 20+ years before he retires therefore ending his career worth north of $5M at the current pace he's at.
Posted by jjbodean1970
Huntington, WV
Member since Mar 2006
6493 posts
Posted on 7/29/13 at 11:08 am to
quote:

I have a hard time believing someone worth $1.4M truly believes he is behind in life by being a millionaire with another 20+ years before he retires therefore ending his career worth north of $5M at the current pace he's at.
the prospect of being behind was never a thought until i read this thread. i always figured we were pretty well ahead at this point.
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