I really like a website dgydj.com. It quantifies that in 2020 if you've got 11.1M NW, that puts you in the 1%. If you've got 17.5M NW that puts you at 0.5%. However it takes 43.2M NW to make it to 0.1%. Corollary of this is if you exceed 23.4M as a couple, your estate will incur some inheritance tax unless you've got a trust attorney slicker than mine.
Therefore I've reasoned at 30M, we're definitely getting NetJets annual membership so that our children can't unless they earn it themselves. Yes we're working on a head start for both but we will have failed as parents if they retire the day after the last of us croaks.
Therefore I've reasoned at 30M, we're definitely getting NetJets annual membership so that our children can't unless they earn it themselves. Yes we're working on a head start for both but we will have failed as parents if they retire the day after the last of us croaks.
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