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No. of Recommendations: 8
It's all relative.

1poorlady was born in the Philippines. The first time I went there I realized there are very few poor people in the USA. By Philippine standards. I've also seen that in other places (e.g. Mexico).

By American standards, I'm not particularly rich. I shouldn't have to worry about having food and shelter ever again, and I can afford medical insurance (thanks to the ACA). If that's "rich", then I am. Would I be able to support a boat, RV, a new car every few years, and other "toys" that I see in peoples' driveways? Probably not. But that's not important to me anyway.

I hope my biggest expense in retirement is taxes. Taxes are just a portion of income, so that would imply I had a lot of income. I could live with that. House is nearly paid off (about 1 more year), and then it's just food, utilities, taxes, doctors, and "play" (e.g. travel).

1poorguy
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