Nemo2
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- May 14, 2011
- Messages
- 8,368
Yes, but only among the hoi polloi.It has generated a lot of discussions & views, however.
Yes, but only among the hoi polloi.It has generated a lot of discussions & views, however.
I think what you're trying to establish is not upper/middle/lower class living. Warren Buffet lives a middle class, possibly lower middle class lifestyle. He goes to McDonald's for the cheapest breakfast possible and drives a simple car. He lives in the same house he's lived in forever. Sam Walton was the same way. Drove an old pick up truck and lived in a simple ranch house. Bill Gates used to travel economy when he became a billionaire and wore old rumpled up suits.
Living lower or middle class has nothing to do with money. So putting a person/family in that category is not reality. This FIRE forum is filled with financially savoy, frugal people who have figured out how to live as close to stress
free and comfortable without being billionaires.
I threw up a little when my DH and I went on a drive to Palm Beach, FL. Drove by Mar a Lago and the rest of the .1% of the wealthy, yes my math is right. These people live in cathedrals, not houses. I guess the disgust and wastefulness of the landscaping and gates and walls and yachts and on and on turned my stomach, almost to the point of tears.
Plymouth is a great location within 30 minutes of downtown Minneapolis and the lake is a lot quieter than Lake Minnetonka, which is crowded by big boats and farther to downtown.Here's the funny thing though. They are pretty small fry themselves compared to the people living on Medicine Lake. And the people living on Medicine Lake are small fry compared to the people living on Lake Minnetonka.
I was teasing my friend Nemo. Like one would say "he has no class"....
Oh, I'm sure that way more than one person would say that!
I will admit that DW has said that to me on more than one occasion.
rimshotYour DW said to you that Nemo2 has no class? And she said it more than once?
Plymouth is a great location within 30 minutes of downtown Minneapolis and the lake is a lot quieter than Lake Minnetonka, which is crowded by big boats and farther to downtown.
I like Plymouth quite a bit, and actually love the new neighborhood, even though I'm a little uncomfortable with being on the less wealthy side of the curve now. Its a lot easier to not worry about keeping up with the Joneses when the Joneses can't afford to do anything all that exciting.
I'm not looking to start an argument or anything, but my understanding is hell is not cold at all, but just the opposite - very hot.1 problem with Plymouth. Cold as Hell in the winter. Not in my ideal retirement garden spots.
I'm not looking to start an argument or anything, but my understanding is hell is not cold at all, but just the opposite - very hot.
I'm not looking to start an argument or anything, but my understanding is hell is not cold at all, but just the opposite - very hot.
I'm not looking to start an argument or anything, but my understanding is hell is not cold at all, but just the opposite - very hot.
I'm not looking to start an argument or anything, but my understanding is hell is not cold at all, but just the opposite - very hot.
Anywhere in Minnesota in the winter is simply Brrr cold!1 problem with Plymouth. Cold as Hell in the winter. Not in my ideal retirement garden spots.
The study also found once the threshold was reached, further increases in income tended to be associated with reduced life satisfaction and a lower level of well-being..."
My post was a joke.
Just read another recently published article about money and happiness. Apparently there is a sweet spot.
“...It’s been debated at what point does money no longer change your level of well-being. We found that the ideal income point is $95,000 for life evaluation and $60,000 to $75,000 for emotional well-being...Emotional well-being, or feelings, is about one’s day-to-day emotions, such as feeling happy, excited, or sad and angry. Life evaluation, really life satisfaction, is an overall assessment of how one is doing and is likely more influenced by higher goals and comparisons to others.
Money only buys happiness for a certain amount - Purdue University
It's well known that the devil tailors each experience to the individual sinner's dislikes, which the devil knows even better than the sinner does.
In other words, you may yet be surprised
I think what you're trying to establish is not upper/middle/lower class living. Warren Buffet lives a middle class, possibly lower-middle-class lifestyle. He goes to McDonald's for the cheapest breakfast possible and drives a simple car. He lives in the same house he's lived in forever. .
I have come to the conclusion that if you have ~$2.5m in NW NOT including your main living property. With a 4% WR ($100k PA) That would put you in the Middle to Upper Middle C!&$$ . Add SS and Pensions and it would put you squarely into the Upper Middle. JMHO I could be wrong.