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Reply to "At what net worth are you considered wealthy ?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]$10M Liquid you could generate 300 - 500k in income fairly easily off that If you have large pensions then I could argue 3-5M, assuming you wouldn't need to tap into your liquid assets [/quote] What if you have $7 million ? We sold our middle class home after 30 years and have no interest in buying another. We have zero debt. We are 55 and the kids have no student loans and each have about $1.5 million We have a kind of a large pension. It’s kind of like a guessing game on how much to spend. [/quote] You really want DCUM to confirm that you're wealthy and tell you how much you're allowed to spend? [/quote]
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