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Reply to "At what net worth are you considered wealthy ?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We have an <100K income and >10M in assets. We live frugally, since there is no spending of capital. I suggest you bear in mind that there are as many financial situations as there are people and that initial appearances can be deceiving.[/quote] How on earth did you achieve that level of NW? We are also sub-100K and have a NW of 2.5M. I thought we were doing pretty well lol. [/quote] Generational wealth or inheritance of real estate is my guess. [/quote] Yes, it’s the only way. [/quote]
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