Opher Ganel
Oct 11, 2023

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I second your suggestion of reading The Millionaire Next Door. However, if I recall correctly, they defined UAW as having less than 50% of the target net worth for their age, and PAW as having 200% of the target.

As an aside, I found some of their analyses hilarious. For example, the one where they looked at the cost of people's cars per pound vehicle weight!

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Opher Ganel
Opher Ganel

Written by Opher Ganel

Consultant | systems engineer | physicist | writer | avid reader | amateur photographer. I write about personal finance from an often contrarian point of view.

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