Maderan

I don't think it is getting better either. Metairie is tough as well. Just sold but house had been on the market since August. Don't see anything but reductions in listing prices in the area. People can't buy because they all need to sell first. ...

We do mix our own water. We have a system that changes a little water (1.5 gallons) every day. That makes it very easy to keep up with that part of it. ...

Is this number net worth or investable assets? ...

Be careful of inverse ETFs. They are not meant for long holding periods and most re-balance daily. Beta slippage and volatility decay causes losses the longer the holding period....

[quote]We travelled to Lafayette in the fall for them to play one league game.[/quote] Ha, you are just dipping your toe. At higher levels you can be driving 5+ hours or flying for a single game... ...

Yes, that seems wildly high. ...

[quote]$500K incomes where folks save $250K[/quote] That's because you won't save that much at that income level. Hardly people in their 30s or 40s with that income will live a balanced lifestyle. They will inflate their expenses to match most of that income. You will save more if you are olde...

Don't walk...run. If any FA is pushing insurance then you know they are looking out for themselves and not you. Big fees and commissions. If you want an FA, find one that is a true fiduciary (and can't accept commissions). Hopefully they are not involved in the 401(k) for the company....

[quote]Yeah, but an income "north of 7 figures" would be $10 million a year minimum. I'd hope someone bringing in that kind of cash would have a net worth in excess of that. Your scenario makes sense for someone making a few hundred thousand though.[/quote] No, 7 figures starts a $1 mil and goes ...

$5 million net worth is pretty good but not out of control high since you are including illiquid items like housing and business values. $5 million in cash/investable assets is a whole different story though. ...