Reply to s/o what is rich

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[quote=Anonymous]You're not going to get what you want out of this post, unless what you want is to stir controversy.  You will get posts ranging from no one but Bill Gates and Warren Buffet are rich so if you can't use $100 bills as kindling you're "struggling to get by" to anyone who has a roof over their head and food in their belly is living like a king.

For myself, I think having 6 - 1 yr of living expenses in liquid (or easily liquidizable) assets makes you quite well-off.  Rich is maybe a few years, so I guess $500K.  I'm not including savings in retirement-specific vehicles, though I guess maybe I should.

Before anyone accuses me of not understanding the plight of people who work 70 hours/week to earn their mid-six-figure salary while still struggling with 4 kids in private school, I am extremely wealthy by the above standard (and have a HHI that exceeds the savings standard I mentioned).  I don't live a particularly lavish lifestyle, but I know very few people can afford the luxuries we have.  I would love to be in a position where I didn't have to think about money at all, but I think rich starts well before that.[/quote]

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