Comments on: POLL: How much net worth do you need to be “rich”? http://www.experiglot.com/2006/12/28/poll-how-much-net-worth-do-you-need-to-be-rich/ Because you shouldn't need an MBA to be savvy about finance and business Wed, 08 Feb 2012 23:34:28 +0000 hourly 1 http://wordpress.org/?v=abc By: » Weekly Blog Roundup and New Year’s Eve Plans on Consumerism Commentary: A Personal Finance Blog http://www.experiglot.com/2006/12/28/poll-how-much-net-worth-do-you-need-to-be-rich/comment-page-1/#comment-18167 » Weekly Blog Roundup and New Year’s Eve Plans on Consumerism Commentary: A Personal Finance Blog Sun, 31 Dec 2006 17:43:02 +0000 http://www.experiglot.com/2006/12/28/poll-how-much-net-worth-do-you-need-to-be-rich/#comment-18167 [...] Experiments in Finance wonders how much net worth one needs to be “rich.” “Him” from Make Love, Not Debt describes his plans to develop a joint retirement portfolio with “Her.” [...] [...] Experiments in Finance wonders how much net worth one needs to be “rich.” “Him” from Make Love, Not Debt describes his plans to develop a joint retirement portfolio with “Her.” [...]

]]> By: Paul in 02144 http://www.experiglot.com/2006/12/28/poll-how-much-net-worth-do-you-need-to-be-rich/comment-page-1/#comment-17899 Paul in 02144 Fri, 29 Dec 2006 21:42:13 +0000 http://www.experiglot.com/2006/12/28/poll-how-much-net-worth-do-you-need-to-be-rich/#comment-17899 $100 a day and good friends. $100 a day and good friends.

]]> By: Ricemutt http://www.experiglot.com/2006/12/28/poll-how-much-net-worth-do-you-need-to-be-rich/comment-page-1/#comment-17781 Ricemutt Fri, 29 Dec 2006 02:28:57 +0000 http://www.experiglot.com/2006/12/28/poll-how-much-net-worth-do-you-need-to-be-rich/#comment-17781 That makes sense too. Thanks for adding your answer! That makes sense too. Thanks for adding your answer!

]]> By: Foobarista http://www.experiglot.com/2006/12/28/poll-how-much-net-worth-do-you-need-to-be-rich/comment-page-1/#comment-17751 Foobarista Thu, 28 Dec 2006 22:54:21 +0000 http://www.experiglot.com/2006/12/28/poll-how-much-net-worth-do-you-need-to-be-rich/#comment-17751 My definition wouldn't be so much based on gross amount as on income earned by investments. If one's investments generate enough income for them to maintain their preferred lifestyle indefinitely without needing to work, they're "rich". For me, that would probably be in the $5M range, since this much money invested conservatively would maintain itself and still produce a couple hundred thousand in disposable income. My definition wouldn’t be so much based on gross amount as on income earned by investments. If one’s investments generate enough income for them to maintain their preferred lifestyle indefinitely without needing to work, they’re “rich”.

For me, that would probably be in the $5M range, since this much money invested conservatively would maintain itself and still produce a couple hundred thousand in disposable income.

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