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Reply to "Do you consider a net worth of 2.5 million "rich?""
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[quote=Anonymous][quote=Anonymous]You are absolutely, unquestionably rich. If your income from interest equals or exceeds the local median income, ie, you could never work another day in your life and maintain a roof over your head and food on the table, then yeah, you're rich. And it's offensive to everyone who can't miss a single day of work (or a month, even) without financial catastrophe being the inevitable result to suggest that you are not. [/quote] We have $2 million invested but much of that is in retirement accounts, so that kind of nest egg if in tax deferred funds does not produce anywhere near a six figure interest payout.[/quote]
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