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[quote=Anonymous][quote=Anonymous]Stunning how many people have huge NWs on very modest income. Is it all real estate? If so, who exactly is buying your real estate at those prices so you can cash out? No one under 40 can afford anything anymore.[/quote] for us, we made a lot more earlier on in our careers, but we did also live in hcol (Bay Area). Still, I tried to be frugal. We are 50s/60, and down to one income $170K. NW excluding home is $3.7mil (home is maybe another $900K). So, not huge by dcum standards, but enough to live comfortably. I want to retire in 2 years at 57.[/quote]
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