38 year old making 123k and feeling poor

[Anonymous]

Anonymous wrote:

Anonymous wrote:Made $40k a year only once in 27 years. Most years my earned income was under $30k.
Invested well and retired at 46.
Not sure why you want to work for money instead of having money work for you.

Congrats but that’s not typical investing, that’s winning the lottery

Naw, it's just not being an idiot with money and wasting it on friviolous things, but saving and investing wisely.

[Anonymous]

123k is the low end of middle class. If you don’t have kids it isn’t too bad, but it is not a good salary.

[Anonymous]

Anonymous wrote:I'm 48 and will never break into six figures. Shut up and go count your riches.

Same here.

And I don’t feel poor.

[Anonymous]

DC has so much real poverty, it it is actually amazing to me for someone who makes 6 figures to claim feelings of poverty.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Made $40k a year only once in 27 years. Most years my earned income was under $30k.
Invested well and retired at 46.
Not sure why you want to work for money instead of having money work for you.

Congrats but that’s not typical investing, that’s winning the lottery

DP: No it's called most likely living below their means along with risky investing.

My parents never made more than $50K combined (except for some side work that didn't pay much). Yet they had over $500K saved for retirement by 65. How? by living well below their means and saving.