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Reply to "Ever seem like people in the same HHI range as you are much wealthier?"
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[quote=Anonymous][quote=Anonymous]Sounds like you’re investing. They likely aren’t. If they’re responsible, they’re maxing out 401ks but then feeling like ok — I’ve saved/invested, time for a vacation and a Mercedes. Think of how much you’ve invested in the last year (or 2 or 3) — couldn’t that amount have bought you a luxury car? I’m guessing it could have.[/quote] This. You may also have different financial goals than they do. You see it on here where some people plan to pay for private and graduate school for their children and others plan to pay for undergrad only. Including paying for grad school as part of your financial goals will require you to contribute significantly more of your income to 529s.[/quote]
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