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How Much Money Do I Need to be Rich?

Author
Tom Greene
Published
Mon 16 Oct 2023
Episode Link
https://reflections-from-the-rock.simplecast.com/episodes/how-much-money-do-i-need-to-be-rich-5T4_rok_

We often think of Elon Musk or Jeff Bezos as our benchmarks of wealth. But, that's like comparing your golf swing to Victor Hovland's golf swing. But, here's the secret. Comparing yourself to these gazillionaires will only leave you feeling inadequate. The simple truth is that if you live in the United States, Canada or Great Britain you are already rich. Crazy rich when you compare our incomes and standard of living to other countries. So, how much money does it take to be considered rich in the world's richest countries? You'll have to listen to find out. (Hint: it's not as much as you think.)

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