Net Worth of 2.4M 41 years old and feel poor

[Anonymous]

Anonymous wrote:Survive a heart attack. You will never think a second about it again.

Or cancer!

[Anonymous]

Anonymous wrote:

Anonymous wrote:Survive a heart attack. You will never think a second about it again.

Or cancer!

Or go live on food stamps and/or in a homeless shelter for a week. That will shut you up.

[Anonymous]

You need to check yourself. Good grief.

[Anonymous]

Anonymous wrote:

Anonymous wrote:PP you need therapy. OP's feelings are valid and as someone who saves money I understand the point of view.

The ire directed at op combined with the posts encouraging op to spend money are unbelievable.

I don't need therapy. I am sick of people who are more well off than 99% of the world coming here to ask for free therapy for their (unwarranted) anxiety. I find it hilarious that you are telling me to get therapy for pointing out that OP has a complete and total lack of perspective. Excuse me for saying the truth.

Might be a narrow perspective but it doesn't mean it's a complete and total lack of perspective. Actually, I think it is totally fine. Try to be successful, try to get ahead - part of that is competition with and comparison to others and that is completely healthy and natural. An occasional dose of perspective helps as well.

[Anonymous]

Anonymous wrote:

Anonymous wrote:PP you need therapy. OP's feelings are valid and as someone who saves money I understand the point of view.

The ire directed at op combined with the posts encouraging op to spend money are unbelievable.

I don't need therapy. I am sick of people who are more well off than 99% of the world coming here to ask for free therapy for their (unwarranted) anxiety. I find it hilarious that you are telling me to get therapy for pointing out that OP has a complete and total lack of perspective. Excuse me for saying the truth.

Op does not lack perspective. Op has a very different perspective from you and your jealousy and bitterness about your place in life makes it impossible for you to grasp this. You are closed to considering that there is any perspective other than yours. Op didn't take anything away from you for him/her to be where he/she is now.

[Anonymous]

Not op.
I've had several coworkers who were cautious about saving and were wiped out financially by serious medical issues. Our insurance has gotten crappier every year and I worry what will happen when we retire. It seems like it isn't possible to save enough and I want to leave money for my children.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Ok - I'm sure I'll get a lot of grief. We just paid off our house. We have no debt and have 2.4M net worth. We have 1.6 M retirement, 500k. house equity, 200k college savings, 100k cash. I know we aren't poor but it seems like our friends are doing so much better. They have nicer homes, take better vacations and don't seem as concerned about money. We make about 235k combined and our salaries are equal. It seems like so many people make 200k each these days.

Please tell me that I live in a bubble.

Well, looking at the numbers you've stated here, you have 100k cash with no debt. (Retirement and college savings you shouldn't touch, and the equity is illiquid.)

Essentially, you have a generous emergency fund. So yes, while you don't have to worry about the next bill, you also can't go on fancy vacations or spending sprees as PPs have suggested. Your living expenses are coming out of current earnings. Be mindful of that fact and you're fine.

+1

[Anonymous]

OP, give yourself the luxury of everything not going right. You're not living on the edge. You just think you are. It's probably this focus on control - which also meant discipline to save - that is contributing to stress.

Have a percentage of income that allows for life's mess-ups ie: locking your keys in the car and hiring a locksmith, choosing the more convenience air travel times, paying for parking or taxis when it offers convenience, fixing the car if it's been in a wreak w/out agonizing...

Forgive yourself for a life not-perfect. And make sure you extend this outlook to your loved ones.

[Anonymous]

Anonymous wrote: Not op.
I've had several coworkers who were cautious about saving and were wiped out financially by serious medical issues. Our insurance has gotten crappier every year and I worry what will happen when we retire. It seems like it isn't possible to save enough and I want to leave money for my children.

Why? Are they incapable of becoming as successful as you on their own?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:PP you need therapy. OP's feelings are valid and as someone who saves money I understand the point of view.

The ire directed at op combined with the posts encouraging op to spend money are unbelievable.

I don't need therapy. I am sick of people who are more well off than 99% of the world coming here to ask for free therapy for their (unwarranted) anxiety. I find it hilarious that you are telling me to get therapy for pointing out that OP has a complete and total lack of perspective. Excuse me for saying the truth.

Op does not lack perspective. Op has a very different perspective from you and your jealousy and bitterness about your place in life makes it impossible for you to grasp this. You are closed to considering that there is any perspective other than yours. Op didn't take anything away from you for him/her to be where he/she is now.

I love how you self-impressed douchebags think anyone who points out your douchebaggery is "jealous." I'm doing just fine, and I have the maturity and presence of mind not to complain about feeling poor when I am anything but. Maybe you and OP and all of your self-obsessed ilk should learn how to do this too.

[Anonymous]

Why are you comparing yourself to others? Stop trying to keep up/be the Jones's.

[Anonymous]

Anonymous wrote:

Anonymous wrote: Not op.
I've had several coworkers who were cautious about saving and were wiped out financially by serious medical issues. Our insurance has gotten crappier every year and I worry what will happen when we retire. It seems like it isn't possible to save enough and I want to leave money for my children.

Why? Are they incapable of becoming as successful as you on their own?

I kind of feel the same way. Inheritance is not something that has been done in our family so its not something I'm really budgeting for for my child. College - now that I am budgeting for!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:PP you need therapy. OP's feelings are valid and as someone who saves money I understand the point of view.

The ire directed at op combined with the posts encouraging op to spend money are unbelievable.

I don't need therapy. I am sick of people who are more well off than 99% of the world coming here to ask for free therapy for their (unwarranted) anxiety. I find it hilarious that you are telling me to get therapy for pointing out that OP has a complete and total lack of perspective. Excuse me for saying the truth.

Op does not lack perspective. Op has a very different perspective from you and your jealousy and bitterness about your place in life makes it impossible for you to grasp this. You are closed to considering that there is any perspective other than yours. Op didn't take anything away from you for him/her to be where he/she is now.

I love how you self-impressed douchebags think anyone who points out your douchebaggery is "jealous." I'm doing just fine, and I have the maturity and presence of mind not to complain about feeling poor when I am anything but. Maybe you and OP and all of your self-obsessed ilk should learn how to do this too.

Agreed. Not jealous either. Why would I be jealous of someone who seems to be so unhappy with their lot in life?

[Anonymous]

Anonymous wrote:OP, give yourself the luxury of everything not going right. You're not living on the edge. You just think you are. It's probably this focus on control - which also meant discipline to save - that is contributing to stress.

Have a percentage of income that allows for life's mess-ups ie: locking your keys in the car and hiring a locksmith, choosing the more convenience air travel times, paying for parking or taxis when it offers convenience, fixing the car if it's been in a wreak w/out agonizing...

Forgive yourself for a life not-perfect. And make sure you extend this outlook to your loved ones.

Not op. What? You are making assumptions that op is uptight and not accepting of a less-than-perfect life? Is op overly controlling because he has saved some money and that makes him stressed? Let me guess, op should go spend that money at take a cab when it's convenient? What the hell?

[Anonymous]

10x your annual salary in networth at early 40s is not bad at allllll. Continue to save but know that you can start spending a little - take nicer vacations etc. No point in saving if you never spend anything.