Reply to What HHI is indisputably RICH in a HCOL area?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]If you can’t live off your wealth, you aren’t rich.  Income shouldn’t matter.  [/quote]

Then, rich is relative because my investments generate a half million a year, but I spend only $150k/year. So, by your definition, I’m rich. However, my wealth wouldn’t support the lifestyle of the posters in this thread. So, am I rich or poor?[/quote]

+1
My investments generate ~1M and my W2 income is almost that.  My lifestyle is very UMC.  We live on ~200-300k.  I can't imagine wanting a lifestyle that requires $1M!  So strange to me.  I'd be so out of touch with humanity and the people I see as peers.  I'd feel isolated and unrelatable.  It's so bizarre to me that there exists people that crave this.  It makes me wonder about their value system.  We have 3 homes and 4 kids in private school/college and I feel comfortable in that crowd - country clubs, skiing, etc.  Really we don't need more than what we have.  Ok, if we had to save aggressively then add savings on top of the 200-300k.[/quote]

Huh? You can't imagine wanting a lifestyle that requires $1M yet you own 3 homes, have 4 kids in private school, belong to country clubs and ski. GTFOH lol.[/quote]

Seriously what planet is that poster on? You can't maintain 3 homes, send four kids to private school, galavant around the country clubs and the ski slopes on $200-$300k. SMH.[/quote]

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