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Reply to "Do most people on DCUM have a net worth of at least 1 million?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We have over 1 million in our combined retirement accounts. We are in our early forties. Then another 500k or so in home equity. We are definitely not wealthy compared to people in our friend group or neighborhood though so I would say that most people in this area have a minimum of 1mil - especially with 2 working adults. We are a single earner family of 3[/quote] Well your retirement accounts aren't liquid if you are in your 40s, so according to the posters here, you can't count those. Also can't your home equity. So you are poor. [/quote] DP here. Well you absolutely count them but it certainly doesn’t make me feel “rich” because I can’t go buy anything fancy or super fun with that money. So it’s sort of misleading. Same with home equity. I’m not trying to cry poverty or anything so don’t flame me.[/quote]
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