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Reply to "Are you considering youself rich?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous] Especially since net worth, not HHI, would make one "rich."[/quote] Well, we are in our 30s making about $370K. We haven't received a dollar of financial assistance from our family and therefore had no chance to accumulate $10M yet. But nevertheless I consider us rich. [/quote] But you're nowhere near rich! Lose a job, put three kids through Cathedral schools, buy a true four bedroom home in ccmd and see how far that gets ya. Rich is 10 million net worth minimum in these parts. You are what they call doing well. [/quote] Anyway, we are going to pay off the house by the time our kids start college. And we still have a lot of money left for savings and investments. We live in a 6 bedroom house in McLean and our kids are doing fine in the AAP of a public school. Also, we both have highly marketable professions and unless we become disabled, will be able to find new jobs in a matter of weeks.[/quote]
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