Reply to Are you considering youself rich?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]DH and I consider ourselves rich yes, though we would never phrase it that way. Our great-great-grandchildren will never have to work. We know we are outrageously lucky.[/quote]

At least someone here admits to being wealthy.[/quote]

Because that poster is clearly truly wealthy. Making 1M/yr and having a mortgage on a 2m home isn't wealthy in the sense one should define wealth -- the wealthy don't have to work, don't have to budget, and don't have to second-guess a damn thing.[/quote]

this is stupid.  by that definition, an entertainer isn't wealthy even if they earn $10 million a year, if they own a $20 million home in Santa Barbara with a mortgage, and have to plan because their career will probably only last 5-10 years?[/quote]

How many entertainers and sports figures, not to mention lottery winners, go bankrupt? There is great offensive game, earning a lot, and then there is great defensive game - keeping a lot.[/quote]

So would you say someone who earns $10 million a year for 5-10 years isn't wealthy, because of the possibility they might blow it all?[/quote]

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