RunningBum
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jun 18, 2007
- Messages
- 13,236
Lots of good discussion here, but I agree with this post. I think indicator of wealth is different for everyone. To me, it will be when I continue to work because I WANT to, or don't continue to work, because I DON"T WANT to.
I thought that's what the OP was looking for, your personal indicator of your own wealth, not trying to look at things others are doing and trying to determine if they are wealthy or not. It wasn't clearly stated, but that seemed to be the drift to me.
As I tried to indicate in my first post on the thread, I have different levels.
Wealthy enough: to be able to retire early, not sweat overall retirement and being able to have the things I need and really want. That's where I feel I'm at now.
Wealthy: Able to buy and do pretty much whatever I want with very little regard for price. Not there, and I'm not doing anything to get there
I don't think the difference between the two really gains me any comfort or happiness, nor was I willing to work long enough to get to that second stage. Sometimes I look back at some decision I made, or failed to make that I actually considered (such as getting out of .com stocks before the bubble burst) that could have put me in that "wealthy" category had I done it differently, but ultimately I conclude it really wouldn't have changed much in my life.