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Reply to "Do many households here have $15 M net worth or more?"
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[quote=Anonymous][quote=Anonymous]Some posts make it seem very rare (which I’d expect), and others make it seem like every attorney in DC has twice this by age 40. We are 60 and our NW at this level is from a combo of inheritance and recent market growth. Not quite sure how we fit in. Country club members seem like they’re all regularly flying private to mansions Aspen, which doesn’t seem prudent even at this NW. [/quote] You can do a search for “decamillionaires” and find out all about our peer group. We’re five years older than you and have a slightly higher net worth. No inheritance yet, just high wages with appreciation from real estate and investments. No money frittered away on private schools, bad timeshares, first-class flights, and money-losing hobbies. If you don’t want younger generations to hate you any more than they already do, keep a low profile because some of your wealth is due to hard work and a lot is due to luck. [/quote]
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