View Poll Results: Net worth--excluding pensions, etc--basically your future estate
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Under $1 million
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11 |
5.07% |
$1 million - $10 million
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178 |
82.03% |
$10 million - $25 million
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19 |
8.76% |
$25 million - $50 million
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4 |
1.84% |
$50 million - $100 million
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0 |
0% |
over $100 million
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5 |
2.30% |
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05-22-2021, 01:50 AM
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#1
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Recycles dryer sheets
Join Date: Dec 2006
Posts: 244
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Poll: Fat FIRE
Not sure if I have seen this, how high net worth gets at the upper reaches here. For anonymity purposes, vote without leaving a comment if you prefer. For simplicity, lets not worry about the value of pensions, but only the value of what your estate would be (investable assets, house, etc.). I will include 2 lower rungs so everyone can participate, but I am most curious about the higher end and how far that goes.
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05-22-2021, 05:09 AM
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#2
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Full time employment: Posting here.
Join Date: May 2011
Location: Twin Cities
Posts: 523
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Are you asking people to vote on their own net worth or what level should be considered Fat Fire?
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05-22-2021, 05:23 AM
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#3
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Recycles dryer sheets
Join Date: Dec 2006
Posts: 244
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Their own net worth
I am impressed there is a $25M+ vote. Never saw anyone discuss that kind of wealth on here.
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05-22-2021, 05:41 AM
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#4
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Thinks s/he gets paid by the post
Join Date: Jul 2013
Posts: 1,884
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Poll options really need to be more granular. Most will fall between 1 and 10, and that's a large range.
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05-22-2021, 05:54 AM
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#5
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Recycles dryer sheets
Join Date: Dec 2006
Posts: 244
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I put the lower options for completeness. But am really mostly interested in how many eight figure, or even nine figure, net worths there are here.
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05-22-2021, 05:54 AM
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#6
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2008
Location: NC
Posts: 21,298
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Quote:
Originally Posted by mrfeh
Poll options really need to be more granular. Most will fall between 1 and 10, and that's a large range.
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+1.
__________________
No one agrees with other people's opinions; they merely agree with their own opinions -- expressed by somebody else. Sydney Tremayne
Retired Jun 2011 at age 57
Target AA: 50% equity funds / 45% bonds / 5% cash
Target WR: Approx 1.5% Approx 20% SI (secure income, SS only)
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05-22-2021, 05:59 AM
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#7
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Moderator
Join Date: Nov 2015
Posts: 13,916
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I agree, but there are already 18 votes in the 1-10 category, so if I change it now I have no way to split them and the results would be forever skewed...
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05-22-2021, 06:32 AM
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#8
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,140
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Quote:
Originally Posted by firewhen
I am impressed there is a $25M+ vote. Never saw anyone discuss that kind of wealth on here.
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Why would they?
__________________
Retired since summer 1999.
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05-22-2021, 06:33 AM
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#9
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,140
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Quote:
Originally Posted by firewhen
I put the lower options for completeness. But am really mostly interested in how many eight figure, or even nine figure, net worths there are here.
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And you think you’ll get complete answers? Or even honest answers?
__________________
Retired since summer 1999.
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05-22-2021, 06:44 AM
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#10
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Thinks s/he gets paid by the post
Join Date: Jun 2013
Posts: 2,522
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Quote:
Originally Posted by firewhen
I am impressed there is a $25M+ vote. Never saw anyone discuss that kind of wealth on here.
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What makes you think that was a legitimate response?
__________________
"Luck favors the prepared mind"
Pasteur
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05-22-2021, 06:50 AM
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#11
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Apr 2012
Posts: 6,176
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Quote:
Originally Posted by firewhen
I put the lower options for completeness. But am really mostly interested in how many eight figure, or even nine figure, net worths there are here.
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And you would trust the results? Interesting.
I could not see anyone honestly at that level wanting to reveal it on this forum, for various reasons not much different from real life.
__________________
FIREd date: June 26, 2018 - "This Happy Feeling, Going Round and Round!" (GQ)
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05-22-2021, 06:54 AM
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#12
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Recycles dryer sheets
Join Date: Dec 2006
Posts: 244
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Quote:
Originally Posted by jollystomper
And you would trust the results? Interesting.
I could not see anyone honestly at that level wanting to reveal it on this forum, for various reasons not much different from real life.
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I guess, though this is all anonymous.
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05-22-2021, 07:06 AM
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#13
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Recycles dryer sheets
Join Date: May 2019
Posts: 367
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I’d be curious to see another poll of current net worth with several more lower tiers including multiple tiers below $1 million. For what you’re looking to find out this poll works and if these are honest answers there are some very high net worth individuals that participated.
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05-22-2021, 07:13 AM
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#14
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Nov 2016
Posts: 9,514
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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.
So, if someone here has been retired for 10 years took their pension in a lump 10 years ago and have had it invested in stock or real estate that doesn't count in your poll. Not sure your poll was or is an true results worth taking the poll.
The poll needs to be broke down in 5M increments or less to get an overall view. A total net worth or just portfolio assets only.
I'm not trying to belittle you but the poll you started is just not giving a good view of the wealth here in my opinion.
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05-22-2021, 07:14 AM
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#15
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Location: South central PA
Posts: 3,486
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Someone answered >$100 million.
I'm surprised they are in this forum, since a lot of us discuss DIY, LBYM, etc. And there are a lot of discussions regarding how to stay under the ACA cliff (excluding 2021 and 2022). Anyone with that kind of funds would find many of the discussions rather boring.
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05-22-2021, 07:26 AM
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#16
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Confused about dryer sheets
Join Date: Jan 2020
Posts: 1
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Quote:
Originally Posted by Golden sunsets
What makes you think that was a legitimate response?
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What makes you think it’s not. Selling a company as a co-founder is all there is to it.
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05-22-2021, 07:52 AM
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#17
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Thinks s/he gets paid by the post
Join Date: Jun 2013
Posts: 2,522
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Quote:
Originally Posted by Yeueudh
What makes you think it’s not. Selling a company as a co-founder is all there is to it.
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Because I think it's far more likely that people would punk the OP, for setting up a silly poll where 99% of the responders fit into one category than honestly report that much NW on a public forum. Or are you the guy with more than 100m+?
__________________
"Luck favors the prepared mind"
Pasteur
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05-22-2021, 08:03 AM
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#18
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Aug 2013
Location: Texas
Posts: 10,930
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Quote:
Originally Posted by EastWest Gal
Someone answered >$100 million.
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Maybe it was Gates or Bezos? Even after their divorce settlements.
Quote:
Originally Posted by street
LOL!
That poll really has nothing of value for who we are or who we are talking to each day.
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+1
__________________
20's "something" mind, trapped in a 70's "something" body
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05-22-2021, 08:51 AM
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#19
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,140
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Quote:
Originally Posted by EastWest Gal
Someone answered >$100 million.
I'm surprised they are in this forum, since a lot of us discuss DIY, LBYM, etc. And there are a lot of discussions regarding how to stay under the ACA cliff (excluding 2021 and 2022). Anyone with that kind of funds would find many of the discussions rather boring.
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You assume it’s true?
__________________
Retired since summer 1999.
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05-22-2021, 09:04 AM
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#20
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Thinks s/he gets paid by the post
Join Date: Nov 2007
Location: GTA
Posts: 1,728
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It's really not that unbelievable. One of the posters here used to have a signature line that said: "I'm not rich, I'm a poor guy with money. There's a difference"
Meaning of course that people can become rich for a variety of reasons that won't impact who they are as people or change their base behaviour.
I know for a fact that a poster who used to frequent this forum years ago had a net worth well into the eight figures for instance. He still found value in this forum.
__________________
Family Motto: "Every penny's a prisoner"
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