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Reply to "At what net worth are you considered wealthy ?"
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[quote=Anonymous]I think the debate between NW versus cash flow depends on where you are in your working career. The closer you get to the end of your career, cash flow becomes the chief concern, not building NW. I am late 50s, and it’s all I think about. I have no pension, so actively selling no/low yield stocks( including tech) to buy individual bonds/CDs, to lock-in some income. My younger self would not be doing this. I don’t even consider my house in NW, b/c I am going to live in for likely another 10 years, so it’s really an expense to me.[/quote]
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