Really, they are not that different, especially in the USA. Warren Buffet eats, drinks, sleeps, drives, entertains pretty much like anyone earning upper middle income - $150K/year. The real difference, according to the Oracle himself, is the long distance travel - by private jet.
To make the 1% income at my age, it should be about $350K annual gross income, with a wealth of about $5M. But I am not sure having those will automatically make people feel like rich.
The real benefit is not worry about lack of money anymore. The theory is that happiness start to plateau at $70K year and does not make any difference, or sometime reduce the happiness, when the income is above $300K. I agree.
No comments:
Post a Comment