At what net worth did you feel rich?

[Anonymous]

Just curious.

When did you think, damn I am doing all right.

[Anonymous]

First million.

[Anonymous]

Grew up very poor. Have $10M, still don’t feel rich.

[Anonymous]

Our net worth hit $1mm recently but I still feel poor. We have a lot automatically invested/saved so the actual amount we see in our checking accounts isn’t that much so even as income rises we don’t really feel it. And since I have no plan to spend our savings, it really isn’t impacting how I feel.

[Anonymous]

I’m at $1M net but still need to get two kids through college and pay off a $375k mortgage.

I’m not feeling it yet. If the house was paid off and we had more saved up for college I’d be happy with $1M net.

[Anonymous]

Secure? $2m
Rich? not close. Rich seems like private airplanes and servants.

[Anonymous]

$8M. Don’t feel rich. Still working. Bought lottery tickets for walk away money.

[Anonymous]

Anonymous wrote:Secure? $2m
Rich? not close. Rich seems like private airplanes and servants.

I think part of never getting to rich is that it will cost me more than $1 million to put my 4 kids through 4 years of college. Absolutely ridiculous. College costs in America have to change.

[Anonymous]

We have almost two million net worth. I've felt rich since I had $10k in savings. That was very rich compared to how I grew up. Still feel very wealthy today and anyone who says other wise with similar assets is delusional about how most people live.

[Anonymous]

Irrationally, we don't even think of our 401Ks and home equity as part of our net worth, since they aren't liquid. We realized we were flush the year we paid 4 years of Ivy tuition in one fell swoop and our brokerage account still went up.

[Anonymous]

Anonymous wrote:$8M. Don’t feel rich. Still working. Bought lottery tickets for walk away money.

If you feel like you need to keep working on $8 million, that's on you. I quit four years ago at 52 with half that, and life is grand!

[Anonymous]

Anonymous wrote:Irrationally, we don't even think of our 401Ks and home equity as part of our net worth, since they aren't liquid. We realized we were flush the year we paid 4 years of Ivy tuition in one fell swoop and our brokerage account still went up.

nice humble brag throwing the ivy reference in

[Anonymous]

About $1M. Of course, that was in the late 80s and I was a much younger woman.

[Anonymous]

12 Years ago we were in Italy on vacation and after a very relaxing lunch my DW said "do you realize that this year our college costs are $120,000 after tax?" I ordered a second bottle of wine. I'm clueless as to what our net worth was at that point in time but that might have been the moment.

[Anonymous]

I've felt rich ever since I knew I could pay for the lifestyle I wanted and still have plenty left over to save for the future. For me, that was around the time I got my first big promotion and hit $150k salary back in 2001. I was only 28 and had a young family and a pretty low net worth. I'm not even sure what my net worth was but probably about $50-$100k. But I felt rich because I had more money than I could ever need.

Seems like ancient history now. I'm 45 with 2 kids in college and a third in high school. My compensation and NW are many multiples more than what they were back then, but that's when I knew I had "made it."

Also, go Sox!