Reply to Men 45+ on OLD: are they all broke?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm cheap af, and also poor by DC standards (only $1 million in the bank and $200k income).

But the bigger problem is that I have no intention of dissipating my wealth on an over-the-hill woman. [/quote]

What wealth?[/quote]

At age 55 only one or two percent of the population have $1 million or more in retirement savings. Of that one or two percent, 95 percent are married.

For my $1 million, that's just what I've been able to create since a divorce 9 years ago. By the time I retire I hope it's 2-3 times larger. [/quote]

90%ile  of every age bracket above 45 has NW over $1M.
[/quote]

I don't think so. The median household net worth (and we were discussing retirement funds not net worth) at age 55 is around $110,000, no where close to $1 million. And much of that net worth is in the form of housing, which is not liquid and which can crash in value. [/quote]

If you think people in this area or on this board represent the mean I don’t know what to tell you. Op is clearly not the mean and would match well with someone who is. The mean in this country is a pathetic standard.[/quote]

This board is chock full of lies and delusions. If everyone here was $5 million in net worth, the owner of the site would be an idiot to not have a huge membership fee. Also, the targeted ads are pretty middle-class. [/quote]

You are delusional. A pretty average home in NW DC or Bethesda is worth $1.5mm now. How much in NW do you think the women living there have ? Of course it’s well over $1mm. Read finance forum. People who started at WB/IMF/IFC before 1998 have 300k/year pensions. Feds have military pensions, current salaries and rentals. 300k combined income from  all sources is pretty common for the area and nothing to brag about.  
Signed $4.5mm NW mid 40s female. In addition to this current NW, I’m very frugal and save around $170k/year in my brokerage and pension combined. [/quote]

People who are currently in their mid 40s did not start working at the WB/IMF/IFC before 1998.  That's when we graduated high school or were in college.[/quote]

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