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Originally Posted by heyyou
Pension, portfolio, employer paid health insurance in age 55 retirement, and no debt means we feel extremely blessed.
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I think this is key. Someone without these things may have more money but be much less secure, and also much less able to spend what is coming in because he has to deal with more uncertainty. So in this sense, he is less wealthy- not because of any tendency to feel poor, but just because of reality.
Ha
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