Reply to What do you say to someone who asks about how much money you have saved for retirement?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If it’s a good friend I will talk about money. People are so secretive for no reason. Maybe it’s because I’m an accountant, but I am emotionally detached from the idea of money. It’s a tool, I like to have it, but ultimately it doesn’t define me one way or the other. If I can help someone else plan better for the future I’ll do it. [/quote]

BS - it doesn't define you. We can approximate with your clothing, choices, anx lifestyle.  These are what defines you and money inevitably defines those.[/quote]

What kinds of clothing, choices and lifestyle markers do you think are indications of certain retirement savings amounts? [/quote]

I think clothing is definitely NOT a marker. It’s what poor or lower middle class people think is but in reality is just what apparel companies want you to think so you’ll buy their products. In fact, the jeans and t-shirt guy may be more likely to spend six-seven figures in a luxury store than the person dressed to the nines or wearing that big logo luxury brand shirt. Other than their homes, time is usually the giveaway for UHNW wealth. Can they fly out on a moment’s notice to go to a concert in London, spend a week in Barbados, etc? I know folks like that who don’t have to think about scheduling vacation, clients, or other demands on their time. We’ve been invited before and realize that as wealthy working professionals, you just don’t have that option. [/quote]

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