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1 in 7 white households have $1M net worth. U post
| primrose shivering casino weed whacker | 03/22/18 |
| Jet church faggot firefighter | 03/22/18 |
| primrose shivering casino weed whacker | 03/22/18 |
| salmon clown library | 09/30/18 |
| marvelous poppy dingle berry windowlicker | 03/22/18 |
| primrose shivering casino weed whacker | 03/22/18 |
| red vibrant goal in life | 03/22/18 |
| primrose shivering casino weed whacker | 03/22/18 |
| yapping bbw pit | 03/23/18 |
| burgundy tantric affirmative action | 03/22/18 |
| Self-centered new version bawdyhouse | 03/22/18 |
| Infuriating Mewling Parlor Alpha | 03/22/18 |
| Disturbing fragrant native jap | 03/22/18 |
| Infuriating Mewling Parlor Alpha | 03/22/18 |
| Frum step-uncle's house private investor | 03/22/18 |
| Self-centered new version bawdyhouse | 03/22/18 |
| primrose shivering casino weed whacker | 03/22/18 |
| Jet church faggot firefighter | 03/22/18 |
| hairraiser judgmental space | 03/22/18 |
| primrose shivering casino weed whacker | 03/22/18 |
| blathering abusive idiot | 09/30/18 |
| multi-colored meetinghouse | 03/22/18 |
| marvelous poppy dingle berry windowlicker | 03/22/18 |
| Bearded spot | 03/22/18 |
| multi-colored meetinghouse | 03/22/18 |
| Infuriating Mewling Parlor Alpha | 03/22/18 |
| diverse copper ladyboy | 03/22/18 |
| multi-colored meetinghouse | 03/22/18 |
| diverse copper ladyboy | 03/22/18 |
| multi-colored meetinghouse | 03/22/18 |
| vigorous know-it-all party of the first part box office | 03/23/18 |
| Bearded spot | 03/22/18 |
| primrose shivering casino weed whacker | 03/22/18 |
| pearly range kitty cat | 03/24/18 |
| vigorous know-it-all party of the first part box office | 03/22/18 |
| multi-colored meetinghouse | 03/22/18 |
| vigorous know-it-all party of the first part box office | 03/23/18 |
| silver nubile toaster round eye | 03/23/18 |
| cerise stain | 03/23/18 |
| vigorous know-it-all party of the first part box office | 03/22/18 |
| multi-colored meetinghouse | 03/22/18 |
| silver nubile toaster round eye | 03/23/18 |
| vigorous know-it-all party of the first part box office | 03/23/18 |
| Disturbing fragrant native jap | 03/22/18 |
| multi-colored meetinghouse | 03/22/18 |
| Self-centered new version bawdyhouse | 03/22/18 |
| big orchestra pit | 03/22/18 |
| primrose shivering casino weed whacker | 03/22/18 |
| Razzmatazz mediation whorehouse | 09/30/18 |
| lake pungent theatre | 03/22/18 |
| Electric azure forum | 03/22/18 |
| Infuriating Mewling Parlor Alpha | 03/22/18 |
| Abnormal razzle-dazzle useless brakes | 03/22/18 |
| slap-happy razzle dopamine | 03/23/18 |
| wonderful purple area | 03/23/18 |
| drab floppy location circlehead | 03/23/18 |
| Soul-stirring blood rage rigpig | 03/23/18 |
| drab floppy location circlehead | 03/23/18 |
| Soul-stirring blood rage rigpig | 03/23/18 |
| drab floppy location circlehead | 03/23/18 |
| Soul-stirring blood rage rigpig | 03/23/18 |
| wonderful purple area | 03/23/18 |
| Soul-stirring blood rage rigpig | 03/23/18 |
| mustard sanctuary | 03/23/18 |
| mustard sanctuary | 03/23/18 |
| boyish preventive strike hunting ground | 03/23/18 |
| mustard sanctuary | 03/23/18 |
| cerise stain | 03/23/18 |
| khaki fear-inspiring fortuitous meteor set | 03/23/18 |
| primrose shivering casino weed whacker | 09/30/18 |
| Razzmatazz mediation whorehouse | 09/30/18 |
Poast new message in this thread
Date: March 22nd, 2018 10:18 PM Author: primrose shivering casino weed whacker https://www.washingtonpost.com/news/wonk/wp/2017/10/03/white-families-are-twice-as-likely-to-be-millionaires-as-a-generation-ago/?utm_term=.e42043bd2ced
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Date: March 22nd, 2018 10:25 PM Author: Jet church faggot firefighter Subject: Win thi$ http://www.megamillions.com (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665873) |
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Date: March 22nd, 2018 10:43 PM Author: primrose shivering casino weed whacker (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666091) |
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Date: September 30th, 2018 10:35 PM Author: salmon clown library (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#36930010) |
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Date: March 22nd, 2018 10:28 PM Author: marvelous poppy dingle berry windowlicker Cops don't make that much starting (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665911) |
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Date: March 22nd, 2018 10:47 PM Author: primrose shivering casino weed whacker (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666135) |
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Date: March 22nd, 2018 10:57 PM Author: red vibrant goal in life that's poverty wages in that city (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666235) |
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Date: March 22nd, 2018 10:59 PM Author: primrose shivering casino weed whacker (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666262) |
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Date: March 23rd, 2018 11:19 AM Author: yapping bbw pit lol...you jumped directly from the #1 most expensive US metro to the #2. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669415) |
Date: March 22nd, 2018 10:19 PM Author: burgundy tantric affirmative action Poasting was the only reason that Peterman was able to achieve that. What say you to that (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665816) |
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Date: March 22nd, 2018 10:24 PM Author: Self-centered new version bawdyhouse Its mostly white baby boomers rofl (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665866) |
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Date: March 22nd, 2018 10:27 PM Author: Infuriating Mewling Parlor Alpha I guess that's ok for their children as they can give them money and pass it on... unless you have a lot of brothers and sisters, then ur fucked. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665899) |
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Date: March 22nd, 2018 10:32 PM Author: Disturbing fragrant native jap lmao boomers booming it all away
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Date: March 22nd, 2018 10:35 PM Author: Infuriating Mewling Parlor Alpha is that why they are called boomers? (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665992) |
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Date: March 22nd, 2018 10:35 PM Author: Frum step-uncle's house private investor (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665993) |
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Date: March 22nd, 2018 10:36 PM Author: Self-centered new version bawdyhouse (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666005) |
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Date: March 22nd, 2018 10:45 PM Author: primrose shivering casino weed whacker (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666110) |
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Date: March 22nd, 2018 10:31 PM Author: Jet church faggot firefighter http://www.megamillions.com (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665939) |
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Date: March 22nd, 2018 10:45 PM Author: hairraiser judgmental space (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666108) |
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Date: March 22nd, 2018 10:46 PM Author: primrose shivering casino weed whacker (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666123) |
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Date: September 30th, 2018 10:18 PM Author: blathering abusive idiot (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#36929925) |
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Date: March 22nd, 2018 10:31 PM Author: multi-colored meetinghouse Wealth should not include equity in a primary residence. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665938) |
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Date: March 22nd, 2018 10:32 PM Author: marvelous poppy dingle berry windowlicker (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665948) |
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Date: March 22nd, 2018 10:32 PM Author: Bearded spot (does not live in NYC/LA/SF) (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665952) |
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Date: March 22nd, 2018 10:35 PM Author: multi-colored meetinghouse You need to live somewhere, so home equity is not a lump of investable cash. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665986) |
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Date: March 22nd, 2018 10:36 PM Author: Infuriating Mewling Parlor Alpha if you live in a 2M home in NY then move to FL for retirement, it basically is. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666002) |
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Date: March 22nd, 2018 10:55 PM Author: diverse copper ladyboy sure it is. can’t i remortgage the equity and continuously reinvest it in equities? (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666201) |
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Date: March 22nd, 2018 10:58 PM Author: multi-colored meetinghouse What could go wrong? (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666252) |
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Date: March 22nd, 2018 11:02 PM Author: diverse copper ladyboy yes, upside is generally accompanied by risk in modern financial markets. and therefore...you actually can’t reinvest the value represented by the equity in your home? cmon man. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666298) |
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Date: March 22nd, 2018 11:26 PM Author: multi-colored meetinghouse Because if the market tanks you could be underwater on your home. And if everyone does what you say then that will happen much sooner. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666551) |
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Date: March 23rd, 2018 11:18 AM Author: vigorous know-it-all party of the first part box office If the market tanks your stocks could lose value. If runaway inflation happens your cash could lose value. A lot of things could make your net worth decrease, but that doesn't mean it's *not* net worth. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669407) |
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Date: March 22nd, 2018 10:57 PM Author: Bearded spot i do give some credit to the idea of marking home equity, 401K, 529, etc., to 0 in net worth calcs. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666239) |
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Date: March 22nd, 2018 11:20 PM Author: primrose shivering casino weed whacker (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666488) |
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Date: March 24th, 2018 1:29 AM Author: pearly range kitty cat Everything other than home equity should count. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35675987) |
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Date: March 22nd, 2018 11:25 PM Author: vigorous know-it-all party of the first part box office Wealth =/= investable cash
Also, unless you live in a shack, you can sell your house and live somewhere cheaper. |
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Date: March 22nd, 2018 11:30 PM Author: multi-colored meetinghouse Just sell your house and live somewhere cheaper when it pulls your kid out of a good school district. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666603) |
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Date: March 23rd, 2018 10:50 AM Author: vigorous know-it-all party of the first part box office So? Spending your money means you can't use it on other things. That doesn't mean it's not part of your worth. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669201) |
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Date: March 23rd, 2018 11:23 AM Author: silver nubile toaster round eye (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669459) |
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Date: March 23rd, 2018 11:19 AM Author: cerise stain not everyone lives in mom's basement forever (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669416) |
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Date: March 22nd, 2018 11:24 PM Author: vigorous know-it-all party of the first part box office Why not? (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666528) |
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Date: March 22nd, 2018 11:28 PM Author: multi-colored meetinghouse You almost certainly have familial and emotional obligations that make primary residence equity less fungible than, say, a stock portfolio. Primary residences are not simply another asset class. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666586) |
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Date: March 23rd, 2018 11:23 AM Author: silver nubile toaster round eye i see what you're saying, but an asset being illiquid -/-> you don't count it in your net worth. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669456) |
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Date: March 23rd, 2018 12:07 PM Author: vigorous know-it-all party of the first part box office I think that can be true for a lot of assets (cars, jewelry). There are other qualities that make assets more or less fungible, but I don't think they should be excluded from net worth (unless you're going to totally redefine what it means).
Maybe some other classification (easily investable worth?) makes sense. |
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Date: March 22nd, 2018 10:32 PM Author: Disturbing fragrant native jap how is this possible, i thought an absurdly low number of boomers had even like 10K saved for retirement (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665947) |
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Date: March 22nd, 2018 10:34 PM Author: multi-colored meetinghouse Average wealth is >$900k, median is <$300k.
Rich outliers skew the numbers. |
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Date: March 22nd, 2018 10:34 PM Author: Self-centered new version bawdyhouse (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35665984) |
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Date: March 22nd, 2018 10:39 PM Author: big orchestra pit Median is 170 according to the article. Still sounds high to me. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666035) |
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Date: March 22nd, 2018 10:49 PM Author: primrose shivering casino weed whacker (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666142) |
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Date: September 30th, 2018 10:23 PM Author: Razzmatazz mediation whorehouse 170 is high?
JFC none of you people live in New Jersey. |
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Date: March 22nd, 2018 10:36 PM Author: lake pungent theatre property rich, cash poor (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666001) |
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Date: March 22nd, 2018 11:22 PM Author: Electric azure forum (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35666511) |
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Date: March 22nd, 2018 10:37 PM Author: Infuriating Mewling Parlor Alpha it wouldn't surprise me if both were true.
I could see 1/7 people having 1M in assets.
I could also see 4/7 having less than 100K in assets. |
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Date: March 22nd, 2018 11:25 PM Author: Abnormal razzle-dazzle useless brakes didn't click but has to be including their home values tons of boomers in CA and east coast are "millionaires" that way |
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Date: March 23rd, 2018 11:20 AM Author: slap-happy razzle dopamine A bunch of them rode the housing bubble all the way: bought in Los Altos for 250k and are now sitting on a 2.5 million house (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669425) |
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Date: March 23rd, 2018 11:09 AM Author: wonderful purple area white or (((white)))? (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669323) |
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Date: March 23rd, 2018 11:11 AM Author: drab floppy location circlehead pretty sure it's like 6/7 for (((whites))) (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669338) |
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Date: March 23rd, 2018 11:13 AM Author: Soul-stirring blood rage rigpig I’m probably a paper millionaire including home equity (including wife’s claim on assets).
Problem is a lot of it is home equity that I can’t easily access.
I still feel poor as fuck and am constantly nervous about me or wife getting Lathamed.
I’m (((white))), so make of that what you will. |
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Date: March 23rd, 2018 11:14 AM Author: drab floppy location circlehead If your wife works say *we*. You by yourself are not a paper millionaire. You and your wife are. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669360) |
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Date: March 23rd, 2018 11:15 AM Author: Soul-stirring blood rage rigpig Fair. I edited before I saw your post. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669374) |
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Date: March 23rd, 2018 11:16 AM Author: drab floppy location circlehead This works very well where the couple is committed to staying together forever. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669394) |
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Date: March 23rd, 2018 11:17 AM Author: Soul-stirring blood rage rigpig Neither of us is from a broken home, at least. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669397) |
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Date: March 23rd, 2018 11:14 AM Author: wonderful purple area So you probably have lots of Jew gold buried in the backyard then (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669361) |
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Date: March 23rd, 2018 11:16 AM Author: Soul-stirring blood rage rigpig I should go check. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669388) |
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Date: March 23rd, 2018 11:15 AM Author: mustard sanctuary damn among the xoxo cohort, like college educated whites and asians living in a top 15 population city and above age 40 i bet this number has to rise to like 1/4.
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Date: March 23rd, 2018 11:19 AM Author: mustard sanctuary other data: about 8% of households (calculated based on the 10mm millionaire figure assuming 125mm households) have $1mm in investable assets excluding home equity
https://www.cnbc.com/2017/03/22/record-number-of-millionaire-households-in-us.html |
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Date: March 23rd, 2018 11:19 AM Author: boyish preventive strike hunting ground Is a million supposed to be a lot in 2018? That was a lot of money in 1985. It's nothing in 2018. I'm worth like $1.5 million. I still have to work. That amounting money just means if I get fired I can spend 6 months looking for a job instead of immediately selling a kidney or driving Uber. $5 million is the new $1 million just like 250k is the new $100k for a good salary. $100k now is nothing. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669420) |
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Date: March 23rd, 2018 11:25 AM Author: mustard sanctuary but tbf, $1mm gets you 30 years of $65k distributions assuming 6% returns.
So you already know you can retire at 65.
And you are young so if you can double that by 55 you probably could retire then (if OK to live on fixed income). |
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Date: March 23rd, 2018 11:21 AM Author: cerise stain (guy who doesn't think 1 out of 7 xo posters are worth $1+ million) (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35669433) |
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Date: March 23rd, 2018 3:13 PM Author: khaki fear-inspiring fortuitous meteor set What percentage of households with members in their 30s have a net worth of 1 million? (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#35671593) |
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Date: September 30th, 2018 10:17 PM Author: primrose shivering casino weed whacker (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#36929914) |
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Date: September 30th, 2018 10:21 PM Author: Razzmatazz mediation whorehouse A lot of Boomers are rich, news at 11. (http://www.autoadmit.com/thread.php?thread_id=3926199&forum_id=2#36929939) |