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Reply to "What is the lifestyle difference of 400-500k/yr and 800-1M/yr"
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[quote=Anonymous]We make ~$500k, and if that went up to, say, ~$900k, it wouldn't change that much. Vacations would get a little more lavish, and we'd probably go on another big one each year. But the biggest impacts would be (i) it would advance our retirement dates, and (ii) we'd start looking in earnest for our second home for retirement, and (iii) we'd reevaluate our housing options for our primary place in retirement. I imagine for larger families (we have 1 kid), and younger families (we are 52 and 55, kid is a junior in HS, and college is fully funded), this would look different, and there would be a much greater immediate impact. [/quote]
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