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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I have noticed that, compared to my friends from my medium-sized hometown in the Midwest, I definitely have the smallest and oldest house.  Their houses are much newer, nicer, and bigger.  They also seem to take great tropical vacations every winter.

[b]But I have a question for all the posters above -- how would you have any way of knowing whether your friends have saved much for retirement, or what their salaries all? [/b]   [/quote]

Op here.  Either because we've directly talked about it (both about salaries and retirement savings/plans---these very are good friends) or because their salaries are public knowledge or they work in the same field that I do.   It's not hard to guesstimate a salary.  I.e. I'm a nurse.  I can pretty accurately guess what another nurse makes.  
But mostly it's because we've shared this info with each other. [/quote]

That's interesting to hear!  I have no clue what any of my family members or friends makes or has invested.  My parents were always of the view that you cannot discuss these things.  As a result, for example, I have no clue how much my mom has to live on when she retires (she's 71 years old and still loves her career).  She seems to have a fair bit of money, but I have no way of knowing (and definitely cannot ask her.)  I see she has tons of binders from various investment firms in her home office closet (presumably containing statements), and know she's very smart, but I have no clue.[/quote]

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