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Reply to "Ramit Sethi of “I Will Teach You to be Rich” reads this forum for a good laugh"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Most people who post here are lying. Everyone knows that. That’s what makes it funny to read.[/quote] If everyone lied that would make DCUM boring. What makes it fascinating, is that people reveal their true lives, financial and otherwise [/quote] This. It’s not like we can talk with friends that we have a 7 plus figure net worth, or 4 investment properties, or high value funded 529. We live modestly and you would never guess so. Only on an anonymous board.[/quote] Right. I’m not one of you, but of course there is that kind of money in this area and I’m sure some of you are bored enough to come on here. [/quote] 7 figure NW at your 50s or late 40s is nothing. Actually, $5M NW isn't that hard if you stayed relatively disciplined (max 401k/IRA, invest in S&P index and not time the market).[/quote] Sorry but you are way out of touch. Look up average retirement savings and ne worth for typical American. 5m net worth by 50 is probably top 5% or so if I had to guess.[/quote]
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