What does it take in terms of assets, abilities, and/or income for you to consider them wealthy?

  • themeatbridge@lemmy.world
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    4 days ago

    Old retirees that don’t need to work to live are rich, yes. If they can afford their rent and food and healthcare, they are doing better than 90% of humans on Earth.

    • Bronzebeard@lemm.ee
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      4 days ago

      No. Not being destitute doesn’t automatically make you rich. Things are not black and white. There’s a wide spectrum that is very flat until you get to the top 0.1%.

      Bring in the top 10% doesn’t mean much when the different between top 99 and top 90 is multiple orders of magnitude larger than top 90 to top 10.