Your standard is too high. $3m in net worth will work out to
$180,000 in annual income without dipping into principal on a measley 6% return. So I'd say that $3m is rich and wealthy at any age. It's a ton of money. By your standard, being wealthy is out of reach for almost all Americans.
This message has been modified
Originally posted on Aug 6, 2019 at 4:20:26pm
Message modified by Plato on Aug 6, 2019 at 4:23:46pm