Ron G
Well-Known Member
On a percentage basis you are. If there were 330,000,000 teams, you would be in the top 5,500,000 of those teams. I made an analogy that is uses smaller number to show percentage basis that is more easily relatable.So I read the rest of your post, and using your logic, if I’m worth $3.5 million, I’m the equivalent of a college football team who finished first or second in the nation. And since the $3.5 million was just an estimate for the IRA and the 401K, if the actual net worth was significantly higher than just my retirement accounts, would that have you equating me to the #1 team in the country? Or at a minimum, the #2 team in the country?
I am assuming you attended Notre Dame. I am confident that you understand that $3,500,000 in next worth is not a "moderate" amount.
Even as high a quality academic institution as ND is, I would bet (although no way to actually confirm), that not even 1.5 % of ND grads are in the $3.5 million of net worth category. I know at least 15 graduates of ND (two I hired for my department) and two others who are graduates of the Mendoza Business School, and they don't approach the $3.5 million level.