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re: Are you in the 1% club?
Posted on 1/25/15 at 7:09 pm to nolanola
Posted on 1/25/15 at 7:09 pm to nolanola
quote:
Net worth is more than just retirement dollars.
Obviously.
Someone who is 32 years old (or 10 years out of college), 800k is pretty significant. To assume that 50% (which seems about right from responses) have accumulated 80k of assets (or cash) per year is a little far fetched.
Sure some have, but it's not common.
By this logic, you have to assume those folks are going to retire with and be worth upwards of $10M. Pretty significant, and would probably put you in the 0.1% (aka, average run of the mill OTer)
This post was edited on 1/25/15 at 7:11 pm
1
Posted on 1/25/15 at 7:10 pm to CidCock
Okay let's play this game. If you had to liquidate your entire net worth by the beginning of February, how much of it could you take with you (minus taxes)?
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