| northeatmom - I know them well enough to know their finances. No trust funds. No significant inheritance etc. They worked, kept debt under control. traded up at the right time for housing- 4 house sales and made financial decisions on need not want. Using criteria of need not want goes a long way towards increasing wealth. I want a large SUV but I really need a Corolla- it is all about choices. I have seen it in my own family some with significantly higher incomes do not save as much as others. 175k is still enough to live a very nice lifestyle- I make about 60% of that and I live fine. |