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Reply to "Why are people so hesitant to call themselves rich/wealthy when they are by any definition?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]LOL, I once posted on DCUM about a financial question and was told that we are "poor" and "not saving enough" because we *only* have ~$5.5M in liquid investments plus ~$1M equity in our house. At age 42. [b]Apparently we are still one medical emergency away from bankruptcy. [/b]So, you know. No fancy vacations or dinners out for us. Ramen or starve.[/quote] The crazy thing is, this is true. It could happen.[/quote] Don't be ridiculous. Not as long as you have health insurance. Someone with $5.5M in liquid investments is likely smart enough to purchase COBRA or get health insurance plan on the market exchange if they are unemployed and not risk going without insurance. [/quote]
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