Reply to Do many households here have $15 M net worth or more?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]No.  Plenty of liars on this forum.  You have to be a consistent high earner (close to 7 figures) 
And/or inherited significant $$ at a younger age (pre 40) to have 15m nw.  The cost of living here along with raising children chews up significant part of your earnings. We are close to 60 with a 8m nw, with consustent high earnings, simple living, with zero inheritance.  We do expect to inherit around 2m within 5 years so even with that we are not going to be close to 15 at age 65 or so. [/quote]

1. Most people have no incentive to lie on DCUM.

2. We are worth 20M+, no high income ever, no inheritance yet. It's solely due to lucky investments in the stock market. It happens more often than you realize. We know a few other people in the DC area who made their millions that way, all from the middle class. We all live non-flashy lives.[/quote]

We saved like mad on our MC income but invested in boring index funds and we arent even over $1m in our 50s. Buying a home, daycare costs, all ate so much of our early income — and indexs did fine but you arent turning $60k a year into $M with diversified portfolio. [/quote]

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