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Posted on 1/25/15 at 7:06 pm to nolanola
I'm not sure how I'd want to value illiquid assets such as real estate or jewelry. They're so subjective.
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
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