What net worth would you consider a lot of money? For a
>25 year old
>35 year old
>45 year old
My dad said I should have $3,000,000 in my bank account by age 50 so I can retire and live off interest and survive on $50,000/year until I am 100.
>100k
>1 mil
>still 1 mil
that never stops being a lot.
>>29430568
how rich is your family?
Lol, most people don't have shit at 25. At 35 , they've started saving for a few years, I'd be shocked if the average person has over 30k
At45, anything less than having six figures in your savings means you're gonna have a shitty retirement
my dad is 64 and has $0 left, he already spent all of his retirement savings to pay off debts, thats after 45 years wage-cucking
and he wonders why im hesitant to work....LOL i aint cucking for 45 years to end up with literally $0
>>29430530
100k
1mil
10mil
After 10mil you can just sit back and relax.
>>29430586
>1 mil never stops being a lot
>spoken like a tru poorfaggot
1 mil is not a lot right now in 2k16.
>23 years old
>wagekek literally living on scraps
>great grandparents owned several factories or something
>great grandma set up some really fucked up will where her (and her husband's) fortune of ~$2,000,000 would be passed down to her son's grandchildren (not sure if he agreed to this or how the legal shit went down)
>family has been poor since as a result
>my grandpa was her only son
>I'm one of his two grandchildren, the other's 11
>grandpa's getting heart surgery as we speak, honestly close to his deathbed
>we don't know what the fortune's total is now, only that it has directly increased with both inflation and the bank's interest, and that it will be nigh-nontaxable since it will go through my grandma
>literally found this out yesterday
I feel like I'm cheating /r9k/
I swear I'll find some of you on the other side and give out several thousands of dollars or something
[sploiler]if it does happen as planned it will be in a future thread, nothing posted now will have any effect[/spoiler]
>>29430863
This is the most accurate. Im not saying any of us are successful but so many people are financially fucked for retirement. There was a recent survey of people who would need to rely on credit for any small emergency that was only 400 dollars...
>tfw have 1,5 million currently willed to me
>already invested earning 8% average interest a year
>will be 3 to 6 million by the time I inherit
>meanwhile I have partial access
If you get to 25, finished some form of education, and have no debt or credits and a small amount (<5000) in savings you can consider yourself amongst the upper middle class.
>will get inheritance when I turn 30
>its currently worth 800k
>i'm 21
just 9 more years of sadness desu
>>29431546
I got a pretty good chunk of money from my granny when I was 23. Not a mind blowing amount but enough to basically do whatever I wanted for the next 5 years. I used a chunk of it for grad school but had a pretty good paying job so basically still have most of it. It's nice avoiding that financial uncertainty a lot of young adults go through.
....I really need to visit her more often.
>be 24.5
>have 6k saved
>at least I could afford an emergency unlike the majority of people my age
>>29430530
>$10,000
>$50,000
>$500,000 - A milly
Im 24 with $30k student debt and $2k into overdraft. Just 6 more months of living in a tent near university, drinking from a stream, eating beans and local wildlife until I get a job.
>>29432231
>2k over draft
m8...
>>29432318
Its interest free while im studying thank fuck. I had a few thousand saved up but go into gambling, drugs, smoking and alcohol as well as maintaining a car that died on me anyway. PLUS general life expenses put me in my tent. I've given up being a decent human being while I study.
