<p>I would also assume that by clarifying that the money isn’t in an IRA ( or I assume a 401k) that it is some place not considered for retirement- but what does that mean ? gold? ( as we wish we had invested in, instead of stocks/bonds)</p>
<p>$200K equity and $45k income ( I assume before tax), could just mean they live in an area that has appreciated rapidly.</p>
<p>But to amass $300K in savings on $45K income- requires a further explanation.</p>