The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retired Fools


Subject:  Re: What $$ = Rich or Wealthy?? Date:  8/11/2001  3:31 PM
Author:  intercst Number:  7254 of 20632

mawhinney asks,

When financial and tax "experts" refer to the rich or wealthy as in statements such as "this will only affect the rich" or "this only pretains to the rich" or "only the wealthy will be affected", exactly who are they talking about? Do such statements refer to an individual's tax bracket? What dollar figure or net worth figure entitles one to be labeled wealthy?

You won't find an absolute figure. Most people consider "the rich" to be anyone who has one dollar more than they have.

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us