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What do you say to a gossip who asks you how much money you have saved? If you don't tell them, they lie and spread rumors anyway.
Give me a strategy. |
| Tell the truth. Why is this a secret? |
| Who are these people you hang out with, OP? |
| No one ever asks us, who's asking you? Are you very flashy? Curious why someone would care. |
| I would tell them I have nothing saved and will be living off my children in my old age and accept any and all donations. |
| "Why do you ask?" |
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I dress, speak and present in a way that absolutely nobody asks me about my money. They can tell (correctly) that I don't have much.
This sounds like one of those rich people problems like "AMT" or "gift tax exclusion limits." |
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My cousin asked how much I had for retirement and I quipped, “More than you’d think.”
She looked shocked at the quick reply. The background is her husband is an orthopedic surgeon and I don’t think they have saved much beyond pensions and IRAs. I’m widowed and my husband was a Navy officer. We lived within our means. And amassed good assets. |
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This question has been posted here before. Troll?
Ive never had anyone ask me this question but I’ll play anyway… My answer would be either: “I don’t share that information.” Or “None of your (effing - optional) business” |
Also, who are they lying to about it and spreading rumors? Sounds like this is a friend/family issue, not a money issue. |
| Hey OP I am an immigrant in my 40s and literally 5 years ago from the GME craze I learned what investing was and started to aggressively save. I’ve asked my friends what to invest in (index now I know) and how much did they save - they actually saved and some shared numbers. That told me they trust investing and it’s not a scam and that I can be brave and do it. And now I know I’m behind too. It’s not to pry or be gossipy but I grew up learning the stock market is how rich people scam and steal the poor people money. I saved a ton and fast and I am on track to have a lot of money for retirement and those friends who offered advice and numbers meant a lot to me. When people ask I say well at least about 250K in index funds in 401K and some savings in a personal brokerage plus an emergency fund. I’m hoping to keep maxing out the 401K. Oh and 7k in a Roth because I just learned that was different from 401K. There now the internet knows my financial situation. |
This is such a stupid thing to say. People ask because they're curious. |
Why are you curious? |
| Someone is spreading rumors about your savings? That seems very unlikely. |
"I have enough. How about the Knicks, eh?" |