What does it take in terms of assets, abilities, and/or income for you to consider them wealthy?

  • bluGill@fedia.io
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    7 hours ago

    For most of us reading this it is an obtainable retirement income. On the world stage if you can read this you are probably rich. A little bit of savings can get you 3k inflation adjusted once you reach “old age”.

    • ComradeMiao@lemmy.dbzer0.com
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      7 hours ago

      Of course on the world stage this varies per country but I agree that a big of savings can get you there by retirement, especially if done early.

      In China a common goal is to save 140k USD then invest it and retire by one’s mid 30s living a simple life.

      • bluGill@fedia.io
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        6 hours ago

        That would be achievable in the US as well - 140k US saved and living a “simple life”. Those some people who try it go back to work in a few years because it turns out they value a more complex life. YMMV.