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Reply to "If you are rich, not just upper middle class"
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[quote=Anonymous][quote=Anonymous]According to our wealth managers, our net worth will end up around $30M when we retire. We are self-made, as in we have no inheritance, we paid for college and wedding on our own, and we saved for the entirety of the downpayment on our first house. For us, work is not just about money or even joy, it's about having structure to your life and finding satisfaction in contributing to something greater than yourself.[/quote] +1000 Same for us! Our kids understand their privilege. And quite frankly, were never given everything growing up and had no clue of our true wealth. They attend a HS where kids are driving teslas, BMW, sports cars, etc and ours had Hondas. They were just happy to have a car to drive. They see their friends working to manage paying off student loans post graduation while driving crappy cars and are greatly appreciative of all they have, yet they still budget and live within their means. But realize the reason they can afford their apartment more easily is because they dont' have a car payment (of $400-500/month) like many do. We do what we enjoy, and are very generous with friends and family. But in our 50s are finally really enjoying all we have and starting to splurge much more [/quote]
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