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View Poll Results: What's your net worth?
100,000 to 250,000 7 2.60%
250,000 to 500,000 7 2.60%
500,000 to 1,000,000 25 9.29%
1,000,000 to 2,500,000 103 38.29%
2,500,000 to 5,000,000 87 32.34%
5,000,000 to 10,000,000 31 11.52%
Over 10 million 9 3.35%
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What's your net worth?
Old 05-09-2016, 12:21 PM   #1
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What's your net worth?

Ok, this should be a bit easier. Include everything except personal property (clothes, furniture, electronics, appliances)

That's all investments, cash accounts, real estate equity, fair value of motor vehicles, cash value of insurance policies. Of course if you are paying off loans deduct loan balance.

I started low so the "young dreamers" can play too.
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Old 05-09-2016, 12:37 PM   #2
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Originally Posted by RobbieB View Post
Ok, this should be a bit easier. Include everything except personal property (clothes, furniture, electronics, appliances)

That's all investments, cash accounts, real estate equity, fair value of motor vehicles, cash value of insurance policies. Of course if you are paying off loans deduct loan balance.

I started low so the "young dreamers" can play too.
Including present discounted value of pensions/social?


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Old 05-09-2016, 12:42 PM   #3
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Hehe, that's a good one. Can I do a reverse annuity on my SS and pension benes?

Nope, you might expire soon.

I'll run another one on income from all sources -
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Old 05-09-2016, 12:47 PM   #4
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I'm throwing this link in on this poll and the one that sparked it (recognizing that "need" likely should be read as "want/plan/desire"): Poll: How much income do you need to retire?
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Old 05-09-2016, 01:02 PM   #5
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Is this the poll about hand size?
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Old 05-09-2016, 01:03 PM   #6
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How come it only goes to 10 Million ?
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Old 05-09-2016, 01:12 PM   #7
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How come it only goes to 10 Million ?
Because the folks with over $10 million don't answer surveys?
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Old 05-09-2016, 01:48 PM   #8
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your poll has an overlap

100,000 to 250,000
250,000 to 500,000
500,000 to 1,000,000
1,000,000 to 2,500,000
2,000,000 to 5,000,000
5,000,000 to 10,000,000
Over 10 million
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Old 05-09-2016, 01:51 PM   #9
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Oouuups -
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Old 05-09-2016, 01:57 PM   #10
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Originally Posted by Car-Guy View Post
your poll has an overlap

100,000 to 250,000
250,000 to 500,000
500,000 to 1,000,000
1,000,000 to 2,500,000
2,000,000 to 5,000,000
5,000,000 to 10,000,000
Over 10 million
This thing is getting off to a rough start....
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Old 05-09-2016, 02:21 PM   #11
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This poll assumes that having $1,000,000 at 30 the same as having $1,000,000 at 65?
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Old 05-09-2016, 02:26 PM   #12
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It assumes nothing, it's just your net worth as of today.

Please forgive my overlap, perhaps a mod can fix it?

Just a little fun exercise. Maybe I'll do another for "retired people only"
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Old 05-09-2016, 02:59 PM   #13
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Nearly all are over 7 figures. Not a surprise I guess with this group.
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Old 05-09-2016, 03:39 PM   #14
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Please forgive my overlap, perhaps a mod can fix it?
OK, I think I fixed it the way you wanted it. If it isn't right, just let us know.
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Old 05-09-2016, 03:46 PM   #15
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Single or couples?

I tend to only think of "our" money, but maybe I should have cut it in half...
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Old 05-09-2016, 03:46 PM   #16
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I'm assuming this is per household, not per person.
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Old 05-09-2016, 04:50 PM   #17
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Is there a way to see the poll on the mobile app? Was this ever determined to be the net worth of one person or two (a couple)?
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Old 05-09-2016, 05:00 PM   #18
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OK, I think I fixed it the way you wanted it. If it isn't right, just let us know.
That's right, you fixed it - thanks.

Yes per house hold is the plan.
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Old 05-09-2016, 05:10 PM   #19
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Idk, maybe ten bucks...ImageUploadedByEarly Retirement Forum1462831804.740511.jpg
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Old 05-09-2016, 05:36 PM   #20
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I figured there were more than a few millionaires here. That's always been the magic number eh? A million. Real cause for celebration then, you can see the end a lot more clearly.

I was always dumb struck by the old saying "the first million is the hardest, the rest come easier", I was like OK, but I can't even relate to that. Now I see the truth. Takes money to make money. After I got the house paid off I really started stacking dough as it all went to investments.
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