General Discussion
In reply to the discussion: What Level of Wealth Do You Consider Evil? [View all]SheilaT
(23,156 posts)if you saved a great deal of your income over a period of years.
I'm not in the wealthy category, in my own opinion, but my now ex husband's parents were quite well off and gifted us with money for twenty years or so. We saved and invested almost all of it, and so now I have assets that are well beyond that of many people, simply because we didn't spend very much of what they gave us. Most people would look upon that money as something to improve their standard of living, maybe buy more expensive cars, or live in a larger home, or eat out more often, or take pricier vacations. We owned modest cars, lived in a decent neighborhood, but not as fancy a one as we might have, and so on.
I continue to live modestly, on social security and income from my investments. Had we cheerfully spent that money, I'd still be working full time at my age, 67, and probably be unable to retire, ever.