The ‘semi-rich’: Millions of high-income Americans may not feel wealthy but are

Re:The ‘semi-rich’: Millions of high-income Americans may no... by 300bps on Wednesday October 27, 2021 @07:26PM (#29020349)

I worked for over a decade at a large trust company.

The lifestyle difference between 1.2 and 20 million in assets are not similar.

$1.2 million is comfortable and $20 million is generational wealth. Many people who have that level of assets are part of a multi family office that will literally do your chores for you.

https://www.wsj.com/articles/SB10001424127887323551004578441...

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Re:The ‘semi-rich’: Millions of high-income Americans may no... by gowld on Wednesday October 27, 2021 @07:29PM (#29020375)

So, exactly howm many grains of rice make a pile?

Of course wealth is a gradient, and any buckets are approximations.

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