Re: November Low-Content Thread
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They could have access to at least $1,000,000 without selling their home or having to borrow.
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Not clear enough. Does that mean we have to include all money in 401k plans and every penny in the portfolio? How about equity in the house above and beyond what is owed. If it is just liquid cash I think it is a very small percentage. Not many have 1 million. Christ, I don't even have that much and I am way balla. [img]/images/graemlins/wink.gif[/img]
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Don't be a nit, doc -- obviously the $1M can include stocks and stuff. I'm talking about everything excluding their primary residence.
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Not being a nit. I am just trying to figure out if I make it. I think the number is actually super low. Like 1-2%. If you look at all the "pros" the answer is none. Then you look at the kids under 30 and the answer is none. So basically you have the super rich Tommy Bahama wearing fishy types of which there aren't that many.
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