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Thread: What is rich?
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Old 06-12-2008, 03:56 PM
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Muncle Muncle is offline
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Default Re: What is rich?

A rich person can wake in the morning and decide spur of the moment to fly off to an island for relaxation. A seriously rich person flies off to an island he owns.

As most have said, it's relative. I've a bit over half the income I had 6 years ago in the DC area. My home has 1/2 the worth. I was "comfortable" then and there. I'm "comfortable" here and now. If I compare my situation to the average person in Wildwood or Lady Lake, I'm probably "well to do."

Among your direct peers (all fellow villagers), if your income is in the 90th percentile, you're rich, 70-90 = well to do, 40-70 = comfortable, 20-40 = doing okay, and 05-20 = struggling, below 05 = "Bar the door, Mama. It's the bill collectors again."

And contrary to the demographics published about TV, I'd guesstimate that the average household income for fulltime residents is about $50K --- pure SWAG. No stats to back.
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