What do you consider rich?

[Chester_Copperpot]

I go with a person's savings, not how much they make. Should hit a million quite soon.

 

[FreakMonster]

Someone who makes $100,000 a year?
Someone who makes $300,000 a year?
Or someone who makes $1 million or more a year?

 

[2Thick]

A study done in the US and Canada found that Americans consider a person that makes 1,000,000 after taxes is rich.

In Canada all you need is 500,000 to be considered rich (after taxes) but considering that taxes in Canada run about 50% in the upper brackets, it is about the same.

 

[2Thick]

I go with a person's savings, not how much they make. Should hit a million quite soon.

You are thinking about wealth. He is talking about income.

 

[MarthaStewart]

People like Ross Perot, or Bloomberg. The people that are billionaires.
That is rich.

Many consider me rich, but it is all relative.

 

[MattTheSkywalker]

one hundred million.

That's the number for a self sustaining high end lifestyle.

 

[2Thick]

one hundred million.

That's the number for a self sustaining high end lifestyle.

We are talking regular people, Richy Rich

 

[Y_lifter]

It really depends on how high of a lifestyle they are leading.
Some people can live real comfortably on $100,000 and feel rich.

Other need a lot a lot more because they want to have the best of everything.

I'd say $300,000 would take you out of the upper middle class.

 

[MattTheSkywalker]

We are talking regular people, Richy Rich

hater.

 

[2Thick]

hater.

LOL... soon enough we will be on the same level... soon enough.