[Wiseman1]

You guys are all going out of point. We are not discussing how a guy earning 200k annually should spend his money.

Basically, the bottom line it is not possible to still have $500k - $1m savings if you are earning only $200k a year, not even touching age 40 and have paid up your housing loans. Alot of the folks here are talking up their weath for whatsoever silly reasons but you are misleading and demoralising the younger folks with lower incomes.

And please do not inlcude inherited houses or cash from parents when sharing your net worth.....this is substandard