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Read a bunch of posts about folks struggling to make ends meet (or something similar) at a $500K HHI. Got me thinking if we have enough to retire on. Can folks share their info. in the format below?
Net worth; current HHI; Ages (M/F); Kids ages (a/b/c/..); Retire in x years; Expected NW at retirement Our info: $ 1.8M; $150K; 50/45; 11/7;12 years; $ 4M Thanks for sharing.. |
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DONE TO DEATH. Just add yours to the last page
http://www.dcurbanmom.com/jforum/posts/list/353889.page |
| $8.5M, $1M, 36/37, 3/2/ infant, 14yrs, $50M |
Good going!. What do you do to earn $1M a year, if you don't mind sharing. |
Troll on the forums. |
| OMG please please stop asking the same question every single week! Do a search and you will find all your answers. Who are the posters that keep answering this darn question?? |
Own my own business and invested the profits |
| Who cares!!! Quit beating this horse already! |
So how do you get from $8.5m to $50m in 14 years on $1m a year? I'm guessing your business follows the Madoff model? |
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Just search the fvcking topic.
There should be at least 10 such threads. |
$8.5m poster here. This is why some people are rich and others are not. $50m in 14 years is an 11% annualized rate of return on my existing assets. While that far exceeds what others may predict it is hardly absurd for someone who went from $0 to $8.5M in 12 years. Then again I could lose it all. Only time will tell. |
| $6m (mostly inherited) / 200k (170 salaries, 30 required distributions) / 35 and 36 / toddler and infant / 20 yrs maybe sooner depending on market / 25 mil |
Um, it doesn't work like that. |
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my husband and i both come from money. his parents gave us a $50 million gift when we married. my parents bought us a house, which was so dumb since we already HAD a big house. but we sold it and got another $10 mil from that.
we're struggling day to day, though, since we put both our kids in private school in switzerland, so the commuting costs are just tearing through our nest egg! how do people do it on just $60 million in the bank? |
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