I kind of agree with BV (gasp!). His numbers don’t add up.
1) First of all, 400k is not top 1%.
2) The guy admitted he lives off his savings, so his income is $0 technically. And if it is $200k based on investment income, then he’s at $3million plus’s in savings and can afford a kid.
3) I’ve made this argument many times. Even if you are minimum wage, you can invest enough in your 401k to retire a millionaire. His GF is making bad decisions.