Quote:
Originally posted by Serge_Oprano
you are very wrong....you assume that one keeps on WORKING all years 'till death, which brings LOTS of unknowns about the future income you put into concideration,
wrong logical assumptions from get go on your part.
here is my definition of wealth:
one can quit working and live of the wealth.
the younger you are, the more you need in the bank scott free to afford it.
I at 45 need MORE than one at 65,
given the same life expectancy.
do you follow my logic and lack of logic on your part?
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Being able to retire "right now" can be considered wealthy too.
But I'm talking about someone with motivation and someone who gets to enjoy everything at every age and keep making more, that man is truely wealthy.
If I'm 65 with 2 mill and was eating top ramen when I was 24 and working at wendy's, and made it big (the 2 mill) when I was 50, I'm not as wealthy as a 22 year old with 200k. Like I said, this is MY definition.