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View Poll Results: Net worth--excluding pensions, etc--basically your future estate
Under $1 million 11 5.12%
$1 million - $10 million 176 81.86%
$10 million - $25 million 19 8.84%
$25 million - $50 million 4 1.86%
$50 million - $100 million 0 0%
over $100 million 5 2.33%
Voters: 215. You may not vote on this poll

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Old 05-22-2021, 02:15 PM   #41
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It's interesting. I think we've had several members who had pretty darn FAT fires with less than $10M. Multiple houses, first class travel as the minimum level, etc. Some of the ones I remember had pretty FAT pensions, though.

For me, personally, I'd be able to live pretty FAT with $8M or so... and probably with $5M excluding my house. (House is an expense, day to day, not an income generator... but it's in coastal CA so it's a big chunk of my networth as defined by this poll). Since I don't have $5M investible assets - I'll have to settle for my middlin' to slightly overweight FIRE. LOL. I'm not complaining.... life is good even if I do have to budget/make tradeoffs.
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Old 05-22-2021, 02:22 PM   #42
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Originally Posted by stepford View Post
Log in if you haven't already done so. You may then need to refresh the first page of the thread in your browser to show the poll with your vote enabled.


Thank you! It worked. Since I am automatically logged in, had no idea I had to log in again to vote. Good tip.
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Old 05-22-2021, 02:24 PM   #43
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High net worth is not always as great as it's cracked up to be IMHO.

I have a friend who knows two people worth at least a billion. He has served on boards with both of them and been to their homes several times. From the way he describes their lifestyle I don't see anything worth my envy.

My net worth isn't much, but I have excellent pension/SS income that lets me live a "slightly chubby" version of FIRE so I'm more than happy with what I have.
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Old 05-22-2021, 02:27 PM   #44
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Originally Posted by Sojourner View Post
Based on the OP's wording of the poll and the initial post (which I bolded above), the poll question itself is confusing. Are we talking about our current net worth, or what we expect our "future estate" "would be"?
Agree that it could have been clearer. What is my net worth today vs what is my networth (estate) going to be at my projected death based on FIRECalc or some other similar calculator? When one retires at 50 with a decent networth and a LBYM lifestyle, the latter number can get pretty large. Such projections certainly contributed to my packing it in.
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Old 05-22-2021, 03:56 PM   #45
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Originally Posted by rodi View Post
Since I don't have $5M investible assets - I'll have to settle for my middlin' to slightly overweight FIRE. LOL.
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Originally Posted by braumeister View Post
My net worth isn't much, but I have excellent pension/SS income that lets me live a "slightly chubby" version of FIRE so I'm more than happy with what I have.
Overweight FIRE? Chubby FIRE? I love it.

To me, once somebody has all they want or need to live their desired lifestyle, any excess is just fluff. It doesn't matter if I have 1 million or 100 billion, in other words. Either way I'd live the same life. With billions, I'd just have to hire somebody to deal with all the hassle of managing all that money.
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Old 05-22-2021, 04:14 PM   #46
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I am surprised there’s only 4 people in the first category.
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Old 05-22-2021, 04:25 PM   #47
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I am surprised thereís only 4 people in the first category.
The OP stated clearly they had zero interest in knowing the numbers for the first category, so I didn't vote.
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Old 05-22-2021, 04:27 PM   #48
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I am surprised there’s only 4 people in the first category.
I suspect certain people are not voting because they may not like the introduction and the way the poll is organized.

Clearly, from reading the posts over a few years, there are a number of members who have done well with liquid assets under a million. Pair that with a pension and/or SS, and a low to mid- cost-of-living, you're off and running.
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Old 05-22-2021, 04:28 PM   #49
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I am impressed there is a $25M+ vote. Never saw anyone discuss that kind of wealth on here.
A couple of years ago a Canadian with the screen-name [MOD EDIT] accidentally let slip that he was worth ~$50M, instantly regretted it, tried to undo it, and then disappeared shortly thereafter. When it comes to social media, a certain amount of discretion is advised, especially if you've got a lot to lose.
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Old 05-22-2021, 04:52 PM   #50
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LOL!
That poll really has nothing of value for who we are or who we are talking to each day. If wanted to know 8 figure wealth then that could of been accomplished differently.
Street nailed it. I also agree the $1-10M category is too broad.
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Old 05-22-2021, 05:01 PM   #51
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A couple of years ago a Canadian with the screen-name XXXX accidentally let slip that he was worth ~$50M, instantly regretted it, tried to undo it, and then disappeared shortly thereafter. When it comes to social media, a certain amount of discretion is advised, especially if you've got a lot to lose.
It certainly is.

Which begs the question: why would you post his screen name? It's possible (if not likely) he uses the same screen name in other forums.
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Old 05-22-2021, 05:03 PM   #52
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Why don’t both of you edit your posts to delete the screen name in case he ever returns.
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Old 05-22-2021, 05:07 PM   #53
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Why donít both of you edit your posts to delete the screen name in case he ever returns.
Thank you for that suggestion. I am apparently suffering from fuzzy brain today!
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Old 05-22-2021, 05:19 PM   #54
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Why donít both of you edit your posts to delete the screen name in case he ever returns.
IIRC, he left coz folks were giving him flak for some of his spending, so doubt he will be back.
Nevertheless, good suggestion.
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Old 05-22-2021, 05:32 PM   #55
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I voted on the category I think my estate will be in when I pass away.

I'm 51 almost 52 now and in a category lower at the moment, but 30 years of compounding plus a probable inheritance would move me up a category.

I'm with W2R though. What I "need" based on 25x spending is about 1/4 of what I have now. Growth from now on plus inheritance is just more hassle / responsibility. First world problems, I know.
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Old 05-22-2021, 06:02 PM   #56
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There are now 3 over $100M -- if that is to be believed, or simply poll stuffing.
Words just fail me.... As they say, a picture is worth a thousand words.
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Old 05-22-2021, 06:18 PM   #57
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I can believe the few that voted for 10 to 25m but I suspect most of them are nearer 10 than to 25... Anything above that and why would they be spending any time here, unless its to see how the Peons get by on mere millions.
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Old 05-22-2021, 06:23 PM   #58
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It certainly is.

Which begs the question: why would you post his screen name? It's possible (if not likely) he uses the same screen name in other forums.
Thank you Calico. If he regretted posting that info - why repeat it - and his screen name.
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Old 05-22-2021, 06:55 PM   #59
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I can believe the few that voted for 10 to 25m but I suspect most of them are nearer 10 than to 25... Anything above that and why would they be spending any time here, unless its to see how the Peons get by on mere millions.
Why wouldn't they though? It's entirely possible for someone to achieve FI through LBYM (common theme on this forum) and then receive a windfall + some lucky investments returns to propel them to higher end of the bracket <cough> <cough>

For those folks who retired with higher NW, their resources may be greater than the average here so that some of the popular financial moves (e.g. backdoor ROTH, ACA cliff, SSI start date) may not be as applicable, but many of the post-FIRE lifestyle/health issues/concerns discussed here are still quite relevant, and this forum is a great resource for that.
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Old 05-22-2021, 06:58 PM   #60
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Why wouldn't they though? It's entirely possible for someone to achieve FI through LBYM (common theme on this forum) and then receive a windfall + some lucky investments returns to propel them to higher end of the bracket <cough> <cough>
Just about anything is "possible"!
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