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Reply to "What HHI is indisputably RICH in a HCOL area? "
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[quote=Anonymous]Looking at it a bit differently, from a spending perspective. If you spend 500k a year, excluding housing, I think the lifestyle will be that of someone who is rich. High end clothes, newish luxury cars, 5 star vacations, vip seating at events, going out is style. That’s about 42k a month in discretionary spending. How much does that require? Depends on how much you want to save and how fancy a house you want. But I think 500k of discretionary spending covers everything else for a Rich level spend.[/quote]
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