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[–] 7 points 4 months ago (1 child)

I'm not sure you're trying to say that I did, but I didn't mean that 10 million was the minimum needed to say a person is rich.

I was saying my standard for rich was in the neighborhood of 10 million, compared to 1 million. If you have 1 million, your 6% would be 60k, but you don't get interest on your house where you're living, so if you purchased a house in today's market that might be 250k, and now you're down to 45k. Certainly not a salary where you can live in luxury.

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