foxfirev5
Thinks s/he gets paid by the post
- Joined
- Mar 22, 2009
- Messages
- 2,991
As long as you don't post "I've got 5 million can I retire" you're good to go in my book. I've cut back on my posting but this is probably your best site.
As the OP, I apologize if my question came across as offensive. Please be assured that was not my intent. I do appreciate the positive feedback and the additional information that you have provided me.
I think a couple of folks mentioned (based on my post from another thread) that I was in the Middle to Upper Class range. Without going into a lot of details I can assure you that is not the case.
Just to be clear. I hope my question did not imply that I was against Rich people. Quite the contrary. I know some Rich people and most of them are very nice. However, they are in a league of their own. They have a lifestyle that a simple person can only dream about. It is difficult for me as a Simple man to relate to a Rich man regarding FI. Hence the reason for my question.
As long as you don't post "I've got 5 million can I retire" you're good to go in my book. I've cut back on my posting but this is probably your best site.
I know some Rich people and most of them are very nice. However, they are in a league of their own. They have a lifestyle that a simple person can only dream about. It is difficult for me as a Simple man to relate to a Rich man regarding FI.
You buy your clothes new? You are rich........... l buy all of my clothes at Target, Kohl’s and Costco. .......
You buy your clothes new?
Somewhere around 2008, I estimated how much in assets (mainly pretax retirement) it would take to walk away from jobs in the DC area in the middle of raising a child, and not do anything to change our lifestyle or reduce our spending rate. We were then in our late 40s.As long as you don't post "I've got 5 million can I retire" you're good to go in my book.
You buy your clothes new? You are rich.
You had a bread knife? Wow you were rich"Well we had it tough. We used to have to get up out of the shoebox at twelve o'clock at night, and LICK the road clean with our tongues. We had half a handful of freezing cold gravel, worked twenty-four hours a day at the mill for fourpence every six years, and when we got home, our Dad would slice us in two with a bread knife."
Only my underwear...
hey - what's wrong with gently used, but thoroughly cleaned under-wears sold at Goodwill store?
Somewhere around 2008, I estimated how much in assets (mainly pretax retirement) it would take to walk away from jobs in the DC area in the middle of raising a child, and not do anything to change our lifestyle or reduce our spending rate. We were then in our late 40s.
It wasn't much short of $5 million.
I woke up after a three day drunk and found a winning lottery ticket in the gutter........... Not everyone started out rich here, and most got there after working hard and saving and LBYM. ...........
this reminds me of this old poster from my teaching careerMaybe we should supplement our retirement by charging for advice:
- "Advice": $0.02
- Factual advice: $5
- Useful advice: $10
Of course, it doesn't take much savings to have more than the median amount of financial assets for an American.
According to this calculator, $40,000 in assets other than home equity will get you there.
https://dqydj.com/net-worth-percentile-calculator-united-states/
Only my underwear...
That's very much like the I was thinking of, but the one I remembered had the highest rate for "Useful answers", since they can and often are completely distinct from (technically) correct answers.this reminds me of this old poster from my teaching career
Only my underwear...
I'll let you in on my secret - Old Navy boxers; they usually have half-price sales a couple times a year......but they have to be on sale!