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Reply to "What is your age and net worth?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]OP here. I wouldn't count pensions. I'm not counting Social Security. My breakdown is: retirement accounts 3.4 million, brokerage/checking/savings accounts $1.6 million, home equity $750k. I quit working 5 years ago. Had worked in BigLaw. Are others with healthy net worth continuing to work? If so, why?[/quote] Health insurance and trying to instill a work ethic in my kids who will likely inherit a lot of money one day, thanks to wealthy ILs.[/quote] Meh. With a high net worth you don’t need employer health insurance. You can just buy your own. [/quote] I'm a high net worth person and quit working. I've posted on here before, however, that health insurance is very expensive. I'm not complaining but just stating the facts. It increases again next month to about $5100 a MONTH for a family of four. Yes, we can "just buy our own" but that is quite a bit of "change."[/quote] Where do you live? I just did a search on the DC Health Exchange and the MOST expensive top of the line plan that they offer for a family of four doesn't even cost half that. [/quote]
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