The Seattle area has an amazing amount of millionaires that are practically invisible to most people.
"Excluding the possibility that a female Scandinavian Olympian was running around outside our house last night, what else might be a possibility?"
If someone you know is afflicted with Dunning-Kruger, please help. #knowthecure
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IMHO, to retire at 45, it either be through:
b) passive income ie: own lots of rental properties
c) have a good business that requires little work on your part. Or have made lots of money in business and have enough to retire.
d) make it to senior management
e) combination of the above
FI being the much bigger portion of the equation there.
Agreed about Seattle millionaires. I think this happens in a lot of high pay, high cost areas though. Incomes plus stock options and most people include the real estate into their net worth numbers. Especially in King/Pierce counties its getting fairly easy to hit that $1M mark.