- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: At what amount of savings or net worth do you consider someone to be rich?
Posted on 7/3/22 at 11:53 am to Grinder
Posted on 7/3/22 at 11:53 am to Grinder
I don't know about RICH, but I believe when you don't have to think about what it is your spending money on I think you are well on your way.
I think the number I'd be comfortable with is a combination of:
Over 3M in low risk dividend earning stocks/bonds or a fixed retirement (6k) @ month.
Over 1M in investments with higher risk tolerance.
Over 500k in liquid cash.
Paper millionaire in assets.
I'm thinking over 6M total.
I think the number I'd be comfortable with is a combination of:
Over 3M in low risk dividend earning stocks/bonds or a fixed retirement (6k) @ month.
Over 1M in investments with higher risk tolerance.
Over 500k in liquid cash.
Paper millionaire in assets.
I'm thinking over 6M total.
1
Posted on 7/3/22 at 11:59 am to oneg8rh8r
(no message)
This post was edited on 8/29/22 at 10:40 am
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News