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2016 US Household Total Net Worth (by Age and Percentile)

SkaredShtles

Michael Bolton
Sep 21, 2003
65,379
12,533
In a van.... down by the river
can you actually enjoy a career enough to say you´d prefer a day in the office over staying in bed late, playing with your kids, or riding your bike until sunset?
This is kinda what it comes down to... I complain about my job a lot, but it really isn't all *that* bad. But there are still 1,329 OTHER things I would much rather be doing, given the opportunity.
 

Pesqueeb

bicycle in airplane hangar
Feb 2, 2007
40,145
16,540
Riding the baggage carousel.
This is kinda what it comes down to... I complain about my job a lot, but it really isn't all *that* bad. But there are still 1,329 OTHER things I would much rather be doing, given the opportunity.
:stupid:

For the most part I enjoy mine, It's not horrible but it certainly has it's moments. I hit the lotto tomorrow though I'm still gone like a fart in the wind.
 

Toshi

Harbinger of Doom
Oct 23, 2001
38,037
7,554
From the Millenials: "Nevertheless, 60% of them aren’t all that worried, since they plan to be wealthy within one to 10 years."

:rofl:

I'm apparently just "comfortable"... :disgust:
At 5% it'll take me about 12 years at my current rate (by a very crude approximation) to be "wealthy" by those standards, ignoring appreciation on my home.

But yes, your underlying point that the vast majority of Millennials^H people are math-illiterate is true.
 

ALEXIS_DH

Tirelessly Awesome
Jan 30, 2003
6,147
796
Lima, Peru, Peru
At 5% it'll take me about 12 years at my current rate (by a very crude approximation) to be "wealthy" by those standards, ignoring appreciation on my home.

But yes, your underlying point that the vast majority of Millennials^H people are math-illiterate is true.
I wouldnt consider myself wealthy, until I can sleep until noon, pick up my kids from school in a bicyle and ride my bike every summer sunset.

A 36yo no-income, no-job friend of mine has received an inheritance advance (Dad gave up on him, pretty much and gave him like $1.2mill); bought a nice appartment with $250k, bought some toys/car/stuff for $80k... and now lives on interest from a trust. Now he bikes on weekdays, tinder-dates every day and has all the time in the world to travel and shit.
Thats wealthy on my book.
 
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Toshi

Harbinger of Doom
Oct 23, 2001
38,037
7,554
GODDAMMIT MODS!! GIVE US OUR MONOCLE SMILEY NOW!!

:D
The flip side of it is that what the uneducated masses consider "wealthy" I don't. This is both for the "not fuck you money" aspect of it implied by people walking away and just fishing all day, and because by the 4% rule $2.4 mm won't get me the level of safe continued income that I want.

Insert stoney quote about once someone becomes accustomed to a certain level of comforts, etc.

:monocle:

Therefore I shall not be retiring in 12 years by any means.
 

jonKranked

Detective Dookie
Nov 10, 2005
85,573
24,192
media blackout
I wouldnt consider myself wealthy, until I can sleep until noon, pick up my kids from school in a bicyle and ride my bike every summer sunset.

A 36yo no-income, no-job friend of mine has received an inheritance advance (Dad gave up on him, pretty much and gave him like $1.2mill); bought a nice appartment with $250k, bought some toys/car/stuff for $80k... and now lives on interest from a trust. Now he bikes on weekdays, tinder-dates every day and has all the time in the world to travel and shit.
Thats wealthy on my book.
after some recent life events that are as of yet resolved, my wife and i are looking *very* seriously at some major lifestyle/career alterations.
 

Toshi

Harbinger of Doom
Oct 23, 2001
38,037
7,554
after some recent life events that are as of yet resolved, my wife and i are looking *very* seriously at some major lifestyle/career alterations.
Would such a settlement be coming from their insurer? Because if not collecting may be the toughest part.
 

Sandwich

Pig my fish!
Staff member
May 23, 2002
21,031
5,921
borcester rhymes
Is this the sum of all savings/retirements/529s/equity?

either I'm doing really well or the rest of country is fucked. I'm not sure which.
 

Toshi

Harbinger of Doom
Oct 23, 2001
38,037
7,554
Is this the sum of all savings/retirements/529s/equity?

either I'm doing really well or the rest of country is fucked. I'm not sure which.
I interpreted it is as net worth, inclusive of those things but also the all-important debt.