I am 100% positive that to anyone making $13,920/yr (before taxes!), 3.5 million sitting and paying out 130k (10x the minimum wage per year!) is the definition of obscene.
It never ceases to amaze that someone always has to deflect saying 'it's not so much, look others make even more!'
This comment shows the wealth gap has truly become a gulf where the upper echelons truly cannot wven fathom how those below live.
$3.25m being 'a nice nest egg' and how nonchalantly you describe that might even just emphasize how much normal ppl might be screwed. Maybe more people are better off then I expect though.
I think I have like $10k. If I get very lucky with stable income at my current salary for a long time, I'll be able to save up a bit, but that's relatively high potential.
4% is often considered a 'safe' rate of withdrawal in retirement.