Anonymous wrote:What do you say to a gossip who asks you how much money you have saved? If you don't tell them, they lie and spread rumors anyway.

Give me a strategy.

"I have enough. How about the Knicks, eh?"

Someone is spreading rumors about your savings? That seems very unlikely.

Anonymous wrote:

Anonymous wrote:"Why do you ask?"

This is such a stupid thing to say. People ask because they're curious.

Why are you curious?

Anonymous wrote:"Why do you ask?"

This is such a stupid thing to say. People ask because they're curious.

Hey OP I am an immigrant in my 40s and literally 5 years ago from the GME craze I learned what investing was and started to aggressively save. I’ve asked my friends what to invest in (index now I know) and how much did they save - they actually saved and some shared numbers. That told me they trust investing and it’s not a scam and that I can be brave and do it. And now I know I’m behind too. It’s not to pry or be gossipy but I grew up learning the stock market is how rich people scam and steal the poor people money. I saved a ton and fast and I am on track to have a lot of money for retirement and those friends who offered advice and numbers meant a lot to me. When people ask I say well at least about 250K in index funds in 401K and some savings in a personal brokerage plus an emergency fund. I’m hoping to keep maxing out the 401K. Oh and 7k in a Roth because I just learned that was different from 401K. There now the internet knows my financial situation.

Anonymous wrote:No one ever asks us, who's asking you? Are you very flashy? Curious why someone would care.

Also, who are they lying to about it and spreading rumors? Sounds like this is a friend/family issue, not a money issue.

This question has been posted here before. Troll?

Ive never had anyone ask me this question but I’ll play anyway…

My answer would be either:

“I don’t share that information.”
Or
“None of your (effing - optional) business”

My cousin asked how much I had for retirement and I quipped, “More than you’d think.”

She looked shocked at the quick reply.

The background is her husband is an orthopedic surgeon and I don’t think they have saved much beyond pensions and IRAs.

I’m widowed and my husband was a Navy officer. We lived within our means. And amassed good assets.

I dress, speak and present in a way that absolutely nobody asks me about my money. They can tell (correctly) that I don't have much.

This sounds like one of those rich people problems like "AMT" or "gift tax exclusion limits."

"Why do you ask?"

I would tell them I have nothing saved and will be living off my children in my old age and accept any and all donations.

No one ever asks us, who's asking you? Are you very flashy? Curious why someone would care.

Who are these people you hang out with, OP?

Tell the truth. Why is this a secret?

What do you say to a gossip who asks you how much money you have saved? If you don't tell them, they lie and spread rumors anyway.

Give me a strategy.