Australian (ASX) Stock Market Forum

Wealth and its acquisition

So for me 'enough' may not be wealth in someone else's terms as I've suggested in my response to burglar, and I'd never consider myself wealthy but I have no aspirations toward money for its own sake, just what is needed to provide a sense of security and the capacity to make choices. Oh, and the relief of knowing you need never work for an employer ever again.:)
Pretty good answer. If I had to give it a figure I think $100k per year safely to spend after tax and I would consider myself wealthy but I would never tell anyone – don’t want to be called snob. Work is not the biggest issue, without any work life would be too boring I guess.
Maybe 10 million a year and I would consider myself excessively wealthy. I mean, I couldn’t even in a dream spend 10 mill. for living each year. Sure it could be used to accelerate further accumulation or for the chance to support people who need it but I couldn’t use it for myself.
 
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