I have seen recent mention of millionaires, and how it is not possible to ever get there without big incomes. Yet I am convinced that on this board anyway, there are many with modest incomes and large net worth.
Not to upset anyone, but excluding:
inheritances
home equity
pensions (their equivalent worth).
If you have at least 1 million in stocks, bonds, cash, CDs, etc. amongst retirement and nonretirement accounts, how much was your household's peak earning years? But please do not vote a disproportionate year, say when you got a bonus for hundreds of thousands or sold a business for a ton. It would be interesting to see how many people of modest means got to this milestone through LBYM and careful investing, or if more folks will be at the higher end of the income scale.
Not to upset anyone, but excluding:
inheritances
home equity
pensions (their equivalent worth).
If you have at least 1 million in stocks, bonds, cash, CDs, etc. amongst retirement and nonretirement accounts, how much was your household's peak earning years? But please do not vote a disproportionate year, say when you got a bonus for hundreds of thousands or sold a business for a ton. It would be interesting to see how many people of modest means got to this milestone through LBYM and careful investing, or if more folks will be at the higher end of the income scale.