Originally Posted by
uintafly
Yup, a $2MM net worth and $250k in income is a lot different in SF than it is in Kanab.
To me, wealthy is enough dependable, passive income to not have to worry about work, and to be able to make recreation purchases without really considering costs all that much. Want a new bike, even though you already have 5? who cares, get it.
If you are spending time shopping around for anything less than $10k, you are not wealthy in my book. If you have a great job and make great money, but can't retire tomorrow if you'd like, you are not wealthy.
YMMV