Reply to Men 45+ on OLD: are they all broke?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm cheap af, and also poor by DC standards (only $1 million in the bank and $200k income).

But the bigger problem is that I have no intention of dissipating my wealth on an over-the-hill woman. [/quote]

What wealth?[/quote]

At age 55 only one or two percent of the population have $1 million or more in retirement savings. Of that one or two percent, 95 percent are married.

For my $1 million, that's just what I've been able to create since a divorce 9 years ago. By the time I retire I hope it's 2-3 times larger. [/quote]

90%ile  of every age bracket above 45 has NW over $1M.
[/quote]

I don't think so. The median household net worth (and we were discussing retirement funds not net worth) at age 55 is around $110,000, no where close to $1 million. And much of that net worth is in the form of housing, which is not liquid and which can crash in value. [/quote]

If you think people in this area or on this board represent the mean I don’t know what to tell you. Op is clearly not the mean and would match well with someone who is. The mean in this country is a pathetic standard.[/quote]

This board is chock full of lies and delusions. If everyone here was $5 million in net worth, the owner of the site would be an idiot to not have a huge membership fee. Also, the targeted ads are pretty middle-class. [/quote]

You are delusional. A pretty average home in NW DC or Bethesda is worth $1.5mm now. How much in NW do you think the women living there have ? Of course it’s well over $1mm. Read finance forum. People who started at WB/IMF/IFC before 1998 have 300k/year pensions. Feds have military pensions, current salaries and rentals. 300k combined income from  all sources is pretty common for the area and nothing to brag about.  
Signed $4.5mm NW mid 40s female. In addition to this current NW, I’m very frugal and save around $170k/year in my brokerage and pension combined. [/quote]

So only people in Bethesda and NW DC are on this board?

The population of the metro DC area is 6.5 million and there are around 5,000 World Bank staff in DC so you're talking about .0007 percent of the population.

I've dated women from Bethesda, Chevy Chase, and NW DC. Rather than present several case studies, I'd say nearly all were poor despite where they lived. They leased their fancy cars, and they had no idea how they would pay for their kid's college. Some were in the process of losing their 6-bedroom homes and facing downsizing to a Rockville townhouse.

Rich, divorced World Bank guys all seem to have a second wife or girlfriend in another country. One of the guys I once knew had two girlfriends in the field, both had children with him (his wife back in DC eventually got a divorce).

I know people with $2 million homes and they have $1.5 million mortgages. That's not being rich.

Your post is part of the reason the rest of the nation hates Washington DC (and the World Bank).

My targeted ads today are for Adobe and Grainger. [/quote]

WB/IMF/IFC pays for staff colleges if they go abroad (Canada, UK, Switzerland, Germajny). If women you dated were from these orgs, they wouldn't be worried about college tuition. You are full of BS[/quote]

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