As VLM pointed out, our definitions of rich appear not match at all, hence my question earlier in the thread "do you really think this?" and your "are you just saying this to be contradictory?"
So, my definition: being rich is having enough assets that I can comfortably provide for myself and my family without needing to work ever again. To me, being rich is about freedom, not about having lots of expensive toys or habits.
In my definition, income level is entirely irrelevant, which is why we are talking past each other, because that appears to be the focus of your definition.
As to seniors: exactly – don't most people look forward to retirement? Except he's getting to do it with his children as well as grandchildren, with his youthful health, 30 years earlier and for 330%† more of his life (never mind that he also manages his money a lot better than the average person so it provides more than a simple life in Florida.)
† Life expectancy (LE): 78 years. Retirement age (RA): 65. MMM retirement age (MA): 35. (LE-MA) / (LE-RA) = 43 / 13 ≈ 3.3 = 330%
This is why discussions regarding MMM are unnecessarily controversial. While I can sympathize with and appreciate your view of "rich," I don't think that the typical usage of the word is in agreement with you. You're waxing philosophical here, and even if I might agree with you on this definition (I do) this just doesn't chime with the everyday usage of "rich."
So, my definition: being rich is having enough assets that I can comfortably provide for myself and my family without needing to work ever again. To me, being rich is about freedom, not about having lots of expensive toys or habits.
In my definition, income level is entirely irrelevant, which is why we are talking past each other, because that appears to be the focus of your definition.
As to seniors: exactly – don't most people look forward to retirement? Except he's getting to do it with his children as well as grandchildren, with his youthful health, 30 years earlier and for 330%† more of his life (never mind that he also manages his money a lot better than the average person so it provides more than a simple life in Florida.)
† Life expectancy (LE): 78 years. Retirement age (RA): 65. MMM retirement age (MA): 35. (LE-MA) / (LE-RA) = 43 / 13 ≈ 3.3 = 330%