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Reply to "How many 55yo that you know in DMV have $3M+ NW?"
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[quote=Anonymous]We are in our are late 40s in Tech, live in Texas. Asian immigrants who paid for their for masters with loans. NW $5M+ For us the key was to save atleast 30% of income, consistently. have high income. Suffered a couple of job losses, but got right back in the job search. We dabbled in individual stocks, but lost big time. Index funds have served as well, almost all of our money is now in index funds, except primary home. Bought only one home. Great school district, but smaller not updated home. Our fixed costs are low compared to HHI, kids are in public school. Plan to retire in 6-7 years. Home stretch, so hoping we continue to retain our jobs. [/quote]
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