Reply to Do many households here have $15 M net worth or more?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I am mid 40s. My comp is $2.5m this year. It was a 3x over the last two years' numbers. My net worth is in that neighborhood too. I see very wealthy people's numbers as a regular part of my job. All of these $10m+ people either own/sold/run a LARGE company, they inherited it, or they overbilled it as attorneys. The end. [/quote]

You’re mistaken! People on DCUM can easily save $15M by their early-40s to mid-50s on $200k-$450 HHI.

See this thread and other recent threads. It’s up from 2 years ago when it was a mere $5M. [/quote]

People are making a lot more than $200-450K these days… those #’s are the new middle class in HCOL areas after rampant inflation.

Lots more people making hundreds of thousands a year in RSUs too that they either hold (and sometimes get lucky, like Palantir) or sell immediately and put into VOO, which is up something like 200% the past 10 years.

Anyone who thinks the only people with # these days is doctors and lawyers is… not with the times. If anything those groups are falling behind except for surgeons and those who make big law equity partner. [/quote]

Please read the threads. Many, many people have said they have $15-20M on $200-450K lifetime HHI.

In DCUMlandia if you’re making more than that you should easily be worth $30-50M.

I don’t make the rules, I’m just explaining them (and am not even close to DCUMlandia wealth despite a high HHI, probably because I don’t shop at Aldi or have a 15yo Honda). [/quote]

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