Reply to Tell me your HHI and net worth at age 48

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We are just shy of 2M including home equity (47- hh 210K). Frankly, I find these discussions useful.  Sure, there are going to be outliers in both directions, but in general, it helps to know where we're doing well and where we could better. [/quote]

But in what possible universe could you possibly worry that you weren't doing well if you are "just shy of 2M"? You are smart enough to accrue an amount of money most people will never see in their lifetime - why aren't you smart enough to know that makes you extremely well off?

These threads are just masturbatory for people who have a lot.[/quote]

pp here- I'll answer- because we could have saved more. We didn't start earning decent money until later, and we lived it up more than we should have because we grew up poor and it was nice to finally have some decent things and be able to a few vacations- so there, not the aggressive savers on this board.

We don't have rich parents, or even middle class parents. We're not inheriting any money whatsoever. Our parents combine their lack of planning with being needy and entitled- which just increases my anxiety about money that they will get sick and lean really hard on us.

My son has special needs, which means a lot money going out each month for therapy that insurance doesn't cover. Companies seem to have a tendency to layoff people once they reach about 54 (read the jobs board on ageism for context), and it's difficult to impossible to find another job that pays half as much at that age if/when it happens. Health catastrophes are financially devastating with our bull crap healthcare system.

1.9M and some change is not as much as you think when you add up uncertainty and the fact that we can only depend on ourselves. [/quote]

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