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View Poll Results: Estimate Your Current Net Worth
Negative 1 0.54%
0 - 25,000 0 0%
25,000 - 50,000 2 1.09%
50,000 - 100,000 2 1.09%
100,000 - 200,000 7 3.80%
200,000 - 300,000 3 1.63%
300,000 - 400,000 9 4.89%
400,000 - 500,000 10 5.43%
500,000 - 600,000 7 3.80%
600,000 - 700,000 11 5.98%
700,000 - 800,000 15 8.15%
800,000 - 900,000 6 3.26%
900,000 - 1,000,000 8 4.35%
1,000,000 - 1,250,000 13 7.07%
1,250,000 - 1,500,000 21 11.41%
1,500,000 - 1,750,000 11 5.98%
1,750,000 - 2,000,000 9 4.89%
2,000,000 - 2,250,000 9 4.89%
2,250,000 - 2,500,000 7 3.80%
2,500,000 - 2,750,000 7 3.80%
2,750,000 - 3,000,000 4 2.17%
3,000,000 - 3,250,000 2 1.09%
3,250,000 - 3,500,000 2 1.09%
3,500,000 - 3,750,000 0 0%
3,750,000 - 4,000,000 1 0.54%
4,000,000 - 4,250,000 6 3.26%
4,250,000 - 4,500,000 2 1.09%
4,500,000 - 4,750,000 0 0%
4,750,000 - 5,000,000 3 1.63%
5,000,000 - 6,000,000 4 2.17%
6,000,000 - 7,000,000 0 0%
7,000,000 - 8,000,000 0 0%
8,000,000 - 9,000,000 2 1.09%
9,000,000 - 10,000,000 0 0%
Voters: 184. You may not vote on this poll

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Re: The New Improved 2005 ER Forum Current Net Worth Survey
Old 11-20-2005, 12:05 AM   #61
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Re: The New Improved 2005 ER Forum Current Net Worth Survey

Quote:
Originally Posted by 73ss454
I've looked at it long enough to conclude I need to work longer.

Rats!
Well that's never a good thing. Have you tried looking at it with your head tilted?
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Re: The New Improved 2005 ER Forum Current Net Worth Survey
Old 11-20-2005, 12:16 AM   #62
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Re: The New Improved 2005 ER Forum Current Net Worth Survey

No, but I think I'll also try some more wine and look at it tomorrow.* Maybe by standing on my head it will look better.
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Re: The New Improved 2005 ER Forum Current Net Worth Survey
Old 11-20-2005, 12:18 AM   #63
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Re: The New Improved 2005 ER Forum Current Net Worth Survey

Quote:
Originally Posted by robert
I'd like to suggest one more survey . . . one that might actually be more relevant than a "net worth" survey. How about a survey comparing "cash flow" in 2005 dollars. I suggest that "retirement cash flow" be computed as follows: (investment net worth) x (fixed percentage (say 7.5% or whatever is reasonable)) + pension payments + social security payments + any other regular income payments = "retirement cash flow". This survey would factor out the house (and other non-income generating assets) in the net worth equation and give a clearer picture of how much income the retirees & retiree-wantabees in this forum have to fund their ER plans and dreams. I'd suggest sticking with the same fixed percentage for everyone for the "investment net worth" component so that we are comparing "apples & apples". Any one interested?

Robert
I would like it if you accepted this assignment and have it ready by the end of the day on Sunday. This will equal 40% of your grade and could get you a traineeship.....with....me.
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Re: The New Improved 2005 ER Forum Current Net Worth Survey
Old 11-20-2005, 12:21 AM   #64
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Re: The New Improved 2005 ER Forum Current Net Worth Survey

Ya know, she wouldn't be so bad if she kept her mouth shut!
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Re: The New Improved 2005 ER Forum Current Net Worth Survey
Old 11-20-2005, 01:07 AM   #65
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Re: The New Improved 2005 ER Forum Current Net Worth Survey

Quote:
Originally Posted by 73ss454
Ya know, she wouldn't be so bad if she kept her mouth shut!
Yep, the mouth is downright frightening.

Ha
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Re: The New Improved 2005 ER Forum Current Net Worth Survey
Old 11-20-2005, 09:15 AM   #66
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Re: The New Improved 2005 ER Forum Current Net Worth Survey

Honestly, I'd rather see the pig or skunk.
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Re: The New Improved 2005 ER Forum Current Net Worth Survey
Old 11-20-2005, 10:54 AM   #67
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Re: The New Improved 2005 ER Forum Current Net Worth Survey

Quote:
Originally Posted by DanTien
... and could get you a traineeship with this woman.
Doing what? You say that as if it's a good thing...
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Re: The New Improved 2005 ER Forum Current Net Worth Survey
Old 11-20-2005, 12:49 PM   #68
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Re: The New Improved 2005 ER Forum Current Net Worth Survey

Quote:
Originally Posted by Nords
Doing what? You say that as if it's a good thing...
...determining her cash flow...if the poll is good he stays with us, if not we send him to her for her dinner...
Quote:
Originally Posted by DanTien
I would like it if you accepted this assignment and have it ready by the end of the day on Sunday. This will equal 40% of your grade and could get you a traineeship with this woman.
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Re: The New Improved 2005 ER Forum Current Net Worth Survey
Old 11-20-2005, 11:41 PM   #69
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Re: The New Improved 2005 ER Forum Current Net Worth Survey

With a 150 responses, here's the average size of a nest egg around here (using the lower end of the brackets):

$1,436,333.33
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Re: The New Improved 2005 ER Forum Current Net Worth Survey
Old 11-21-2005, 12:19 AM   #70
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Re: The New Improved 2005 ER Forum Current Net Worth Survey

I don't know why anyone would exclude the current value of a yearly pension in net worth. It can be easily calculated and it can be easily monitized.

I have turned 10 year leases into current value cash and I could turn my pension into current value cash today if I wanted to.

It should be included in net worth just like any other triple net lease you have an interest in.

b.
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Re: The New Improved 2005 ER Forum Current Net Worth Survey
Old 11-21-2005, 01:20 AM   #71
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Re: The New Improved 2005 ER Forum Current Net Worth Survey

Quote:
Originally Posted by boont
I don't know why anyone would exclude the current value of a yearly pension in net worth. It can be easily calculated and it can be easily monitized.

I have turned 10 year leases into current value cash and I could turn my pension into current value cash today if I wanted to.

It should be included in net worth just like any other triple net lease you have an interest in.

b.
If it has a cash value to your heirs then I would have to agree. If it evaporates the minute you drop dead then it wouldn't be an asset IMO.
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Re: The New Improved 2005 ER Forum Current Net Worth Survey
Old 11-21-2005, 04:42 AM   #72
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Re: The New Improved 2005 ER Forum Current Net Worth Survey

Quote:
Originally Posted by wab
With a 150 responses, here's the average size of a nest egg around here (using the lower end of the brackets):

$1,436,333.33
Wow!

JG
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Re: The New Improved 2005 ER Forum Current Net Worth Survey
Old 11-21-2005, 09:49 AM   #73
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Re: The New Improved 2005 ER Forum Current Net Worth Survey

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Originally Posted by MRGALT2U
Wow!

JG
You could feed a small town of John Galts with that!
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Re: The New Improved 2005 ER Forum Current Net Worth Survey
Old 11-21-2005, 09:56 AM   #74
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Re: The New Improved 2005 ER Forum Current Net Worth Survey

Quote:
Originally Posted by wab
With a 150 responses, here's the average size of a nest egg around here (using the lower end of the brackets):

$1,436,333.33
Median looks to be in the $1,000,000 to $1,250,000 range. Come on nerds, what is the standard deviation?
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Re: The New Improved 2005 ER Forum Current Net Worth Survey
Old 11-21-2005, 11:11 AM   #75
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Re: The New Improved 2005 ER Forum Current Net Worth Survey

Considering that the average age is on the "young side" on this board, and also the lions share of posters are in "tech" fields, it appears to me that you guys and gals picked the right field at the right time.

l. Don't lose it.

2. Take care of yourself, so you have plenty of time to enjoy it.

Very impressive, indeed.
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Re: The New Improved 2005 ER Forum Current Net Worth Survey
Old 11-22-2005, 12:38 AM   #76
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Re: The New Improved 2005 ER Forum Current Net Worth Survey

"If it has a cash value to your heirs then I would have to agree. If it evaporates the minute you drop dead then it wouldn't be an asset IMO." Cashin Out

So what are we talking about here? My net worth or my heirs" net worth?

b.
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