Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

Hoppy

(3,595 posts)
1. I am in an unusual situation.
Sat Oct 4, 2014, 09:48 AM
Oct 2014

I own approx. $250.000 in real estate, partly in rental property. No mortgage. I have a state pension, S.S. and a full time job. My gross income is over 100k.

Then... I pay $1,000 a month towards my mothers Alz. care in assisted living and I owe $95k: car loan, personal loans, etc. that will all be paid off in four years.

I don't feel wealthy but I am not pressured for anything.

I have every reason to expect to be worth one or two million in the next 10 years.

Then, so what? The joys I get from my life are not because I do not have money pressures. I get enjoyment from my grand kids and photography (which I am getting good at).

Latest Discussions»Culture Forums»Personal Finance and Investing»who are the wealthy? not...»Reply #1