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Reply to "Washingtonians say $3 million = "wealthy", $720K = comfortable""
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]So, in a few years, when I retire, I can take my 2 mil in 401K + 500K home equity, and move elsewhere and be rich?[/quote] I mean, I think you're being tongue in cheek here... but, yes. Of course you could be rich with $2.5M NW in many many parts of the world.[/quote] depends on age. NW of 2.5M at 35? Not bad. Not wealthy but not bad. At 55? It's middle class.[/quote] Middle class? The average 55 year old has ~120k saved for retirement. [/quote]
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