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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] We maxed out retirement savings options from age 22. We put most bonuses and any random extra windfalls directly into savings without spending. We live frugally and don't have a YOLO mentality. Our house is worth about $1.1M, we paid $650k in 2013. We aren't planning to move any time soon (we are mid 40's) but houses in my neighborhood sell in a weekend at full asking price. So someone is buying them. [/quote]
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