Reply to Net worth over $20 million

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]20M isn’t poor but it is far from rich. It is a solid upper middle class retirement number. You just have to hope that you don’t end up with any expensive healthcare costs. [/quote]

You are f-ing ridiculous  :roll:  There is NOTHING saying Middle anything in 20mil NW.  Even if you adjust this number OP suspects to be too low way up it's still going to be less than 2% of the entire population of adults in the USA.  Likely somewhere around 1% and that would be generous too if you do not count primary and secondary residence worth into this number and it's truly only "investable" liquid capital.   How is this "middle" anything?

You are just moving goalposts to what UMC is what what is needed for comfortable retirement.  Used to be 10 mil and now 20?  :lol: [/quote]

+1 it is really a disturbing attitude. If you don’t feel rich with 20M—a whole lot more money than 99% of people in the world—you have a serious problem. You are broken inside and it will never, ever be enough. [/quote]

Either broken inside, or trolling and "aspiring", or looking up to the billionaires and generally having a warped understanding of what wealthy lifestyle is and what "middle" class anything actually means.  The whole LTC and "comfortable" retirement conversations are utterly stupid and also demoralizing for anyone willing to take this seriously.  You do not need in-home care with a 24/7 professional nurse always available, state of the art equipment in your home, etc to be comfortable and well taken care of.. You aren't going to be living forever no matter how much you spend. [/quote]

Just had a relative live to 90 and the last 10 in memory care.  Many on one side of the family live to 95-100+ (all of my great aunts/uncles/grandparents on that side) and that was 20 years ago.  So I'm planning to live well into my 90s.  I'd prefer to be happy and comfortable.  Not in a medicaid faciltiy
[/quote]

You need 20 mil NW to not be in a medicaid facility?  :roll:  [/quote]

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