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[quote=Anonymous]Did not start rich but we feel pretty well off.  
1) Paid off student debt in 2 yrs after living on Ramen and Beans. 
2) Cooked at home from scratch. Ate a lot of vegetarian meals. 
3) Bought a lovely new SFH in an average neighborhood that we could live forever if needed.
4) Send kids to public school. Taught them at home so that they could get into magnet STEM programs.
5) Had only one cheap car (Corolla) and we kept it till it died.  Bought a second car only when we had our first kid.
6) Kids went to state flagships to study STEM on scholarships. 
7) Only had 2 kids.  Delayed having kids because we were too poor.  Never had pets because it is a cost and responsibility. 
8) Did not take expensive vacations. Only started to go abroad in recent years in our 50s. 
9) In our late 50s, we are able to have a secure retirement, pay for our kids college, give them both new cars that they can keep for 10 yrs or so, have told our kids to live with us to save on rent and other costs. Will pay for their weddings. Have offered to babysit if they live close by to us.  Maybe give them some seed money.

My kids will have to work and live frugally. But, we already are able to give them more than what we were given.  We also have told them to not expect to match our current lifestyle at late 50s, when they are in their 20s and 30s.  They are starting out and they will have to be frugal and creative, just like we were.

OP, you have a lot of money. If you cannot grow wealthy on this amount of money then you are really not very smart.  There is a lot of entitlement in your post. [/quote]

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