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Reply to "Money Diary of a Bay Area Housewife with a $1.3M joint income"
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[quote=Anonymous]Their net worth is fine. PP above talking about the difficulty of generating wealth via W-2 income is spot on. It takes a lifetime, even at high 6 or 7 figure income, if you’re living a high 6 or 7 figure income life. And even then the thing moving the needle in the latter part of your working life is all the accumulated investment returns, the payoff on risks you’ve accumulated, etc. It’s not a function of just socking away 10% in a savings account. [/quote]
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