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Reply to "How many 55yo that you know in DMV have $3M+ NW?"
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[quote=Anonymous]I'm 52. Wife is 47. Including the estimated equity of our home, we have a net worth of about $3.75M. $1M in 401(k), $1M in Brokerage, $900K in home, and the rest in various investments, Roths, Treasuries, Bonds, Cash. I came from absolutely NOTHING! I had to go to the Army after High School to get the GI Bill - Army College Fund to help pay for college. Worked in a factories in the summers. Wife came from very little. She dropped out of Grad School. Psychology and didn't use it at all. I had to pay off her student loans. Saved and saved and saved. There was a few years where were grossed like $350K but mostly our HHI has been about $225K and that's where it is now. We have two teen boys. Wife has been a SAHM since the oldest was born. We do not spend lavishly. Keep Toyotas til they die, a a vacation here and there. Kids have everything they need but not everything they want. [/quote]
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