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2.5M net worth by age 40
Poast new message in this thread
Date: July 9th, 2020 9:07 PM Author: tan school brethren (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#40577092) |
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Date: July 9th, 2020 9:10 PM Author: Translucent chapel Depends if you’re talking single or married. $2.5 w/o a spouse contributing is fine. (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#40577098) |
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Date: July 9th, 2020 9:10 PM Author: Charismatic vermilion jap azn nutella is a top 1% outcome for lawyers
also she has to subsidize her husband
if u get $2mm and have ur wife bring in $2mm then ur set |
Date: July 9th, 2020 9:18 PM Author: multi-colored green factory reset button thats a lot of money (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#40577143) |
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Date: July 9th, 2020 9:19 PM Author: bonkers shivering marketing idea i know lots of white collar 40 yr olds with less than 50K saved (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#40577154) |
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Date: July 9th, 2020 9:32 PM Author: Charismatic vermilion jap azn how would u know how much they got saved
lots of people downplay their shit so they can get u to pick up the bill |
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Date: July 9th, 2020 9:33 PM Author: multi-colored green factory reset button lol this place sucks (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#40577216) |
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Date: July 9th, 2020 9:41 PM Author: Charismatic vermilion jap azn hahaha (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#40577276) |
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Date: October 7th, 2020 2:24 PM Author: multi-colored green factory reset button (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#41066085) |
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Date: October 7th, 2020 2:31 PM Author: up-to-no-good rambunctious philosopher-king (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#41066136) |
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Date: July 9th, 2020 9:22 PM Author: Crawly Stock Car University I didn’t know we had 40+ year old poasters. (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#40577168) |
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Date: July 9th, 2020 9:33 PM Author: Umber bearded bawdyhouse persian There's a bunch in their late 30s. Early 40s is a smaller crew. (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#40577214) |
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Date: October 7th, 2020 2:24 PM Author: khaki market Most normal posters who joined back in 2004-2010 (in their early 20s) retired by the time they were 28 - 32. Nobody stays here past 35 unless they're full blown losers. Being old and a loser is the worst possible life outcome and we have quite a few of those here. (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#41066079) |
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Date: October 7th, 2020 2:34 PM Author: Carmine harsh home its pretty 180 actually (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#41066152) |
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Date: October 7th, 2020 2:35 PM Author: ungodly emerald casino (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#41066164) |
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Date: October 20th, 2020 5:26 PM Author: Cerebral field (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#41151127) |
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Date: July 9th, 2020 9:37 PM Author: irate brindle halford https://www.financialsamurai.com/top-one-percent-net-worth-amounts-by-age/
Top 1% at 40 is $2.28M
Average/Median is much less https://dqydj.com/net-worth-by-age-calculator-united-states/
Average at 40-44: $316,660.61 Median: $87,842.71 |
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Date: October 7th, 2020 2:31 PM Author: ungodly emerald casino Crazy that’s not even a nice house in many areas (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#41066135) |
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Date: October 7th, 2020 4:11 PM Author: Idiotic hall mood Dude, most people dont really move far or if they do they come back. You have generational wealth in housing. In NYC its faggots literally inheriting grandmas house/apartment -- that's why shit is millions. It's locked in for generations. All those Hassidic landlords in Brooklyn -- that is shit they bought in the 1930s and 40s. It's going on 100 years in the same family. Same with Trump. The actual inventory on the market is less than 0.1% of the actual housing stock. That's why prices are obscene and why you need a massive death tax. (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#41066740) |
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Date: October 7th, 2020 2:21 PM Author: tan school brethren (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#41066059) |
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Date: October 7th, 2020 2:33 PM Author: Stimulating shaky property Totally stupid and subjective point that speaks more to inability to hit 10m than anything else. 1m is a valid goal, 10m is a valid goal. For some people 100k is a valid goal. No one gives a fuck that someone is 2.5m vs 1m. (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#41066143) |
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Date: October 7th, 2020 2:36 PM Author: talented parlour (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#41066168) |
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Date: October 7th, 2020 4:05 PM Author: Carmine harsh home as someone with 1M, i certainly would give a fuck about 2.5M (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#41066718) |
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Date: October 7th, 2020 4:32 PM Author: Stimulating shaky property Yes that's true. It's personally meaningful but it's not really socioeconomically meaningful. I feel like you need that order of magnitude to have any real separation--10k, 100k, 1m, 10m, at least. Maybe it starts to break down between 10m to 100m--probably a good faith argument that someone worth 50m is living a fairly different life than someone worth 10m, but even there, what does that really entail--an extra house on the Cape and more use of a fractional jet share? Magnitude separation probably still holds by and large. (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#41066846) |
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Date: October 7th, 2020 4:39 PM Author: tan school brethren How likely that a family with a 10M net worth is using a fractional jet share? (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#41066877) |
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Date: October 7th, 2020 5:07 PM Author: Stimulating shaky property At 10m? Fairly likely a couple times per year? 10m net worth is going to bring in some very different types of people, from your small business owner who has done well for 40 years and is getting ready to retire to your 50-year-old bsd law firm partner to your 30-something small hedge fund principal etc. It would probably be more informative in answering that question to look at both net worth and annual income because I think the latter is going to drive the jet share question more at that level of wealth.
At 100m? I'd guess the majority regardless of annual income level. |
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Date: October 7th, 2020 5:08 PM Author: mauve fragrant clown meetinghouse There would be a ton of variability in available liquidity for folks with $10m NW. (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#41067053) |
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Date: October 7th, 2020 5:10 PM Author: Stimulating shaky property Yep I agree. It's going to be a pretty heterogeneous group from a personal finance perspective. Some retiree with $10m in Vanguard funds isn't going to be flying around to the Caribbean in a Gulfstream. But the 34 year-old hedge fund dude who's making $2m per year may be. (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#41067072) |
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Date: October 20th, 2020 5:25 PM Author: tan school brethren $2m a year and flying private Gulfstreams? WUT?? (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#41151120) |
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Date: October 21st, 2020 12:46 AM Author: tan school brethren (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#41154018) |
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Date: October 7th, 2020 5:07 PM Author: Burgundy 180 whorehouse good shit. (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#41067048) |
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Date: October 7th, 2020 5:07 PM Author: Floppy Becky what did OP say before deleted (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#41067049) |
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Date: October 20th, 2020 5:42 PM Author: honey-headed appetizing sound barrier "im gay" (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#41151211) |
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Date: October 7th, 2020 5:08 PM Author: chestnut swashbuckling gay wizard I’m only about $500k at 35 so this seems good (http://www.autoadmit.com/thread.php?thread_id=4580427&forum_id=2#41067055) |