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Re:Dad, Are We Rich? by jedberg on Thursday June 06, 2019 @12:30PM (#20116131)
The purpose of "current" is to ground you and give you a baseline. If you're relatively happy with your current lifestyle, can you lock it in now and stop working? If yes, then rich, if no, then keep saving/investing/growing your income.

My overall point is that there is an upper limit to that number, after which no lifestyle (barring crazy outliers like buying a yacht a week) would require you to keep working.

Re:Dad, Are We Rich? by sorokod on Thursday June 06, 2019 @12:49PM (#20116326)
You are converting (like many of us do) something tangible - let's say money, to something less tangible, let's say happines. To simplify things it's like reducing a fraction where you focus on numerator and I am saying that denominator has a role in the overall result as well.

You can work on achieving the desired numerator or consider that reducing the denominator can result in increased "happines" too.

Re:Dad, Are We Rich? by jedberg on Thursday June 06, 2019 @12:59PM (#20116450)
> You are converting (like many of us do) something tangible - let's say money, to something less tangible, let's say happines.

I'm converting in the other direction, which is a big difference. I'm saying first reach happiness, then take that amount of money to set your baseline.