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by inductive_magic 907 days ago
Outside of the US? Absolutely. In Germany, you’re classified as rich starting at 60k gross income.
1 comments

Define classified?

Nobody is going to build rich person wealth at 66

Just a guess but if they mean anything like in Lithuania - higher taxes. (Here in Lithuania "rich" is earning more than 45k/year.)
But… that can’t possibly scale does it? Like maybe you can live a very nice life not worrying about money and having good foods, but you’re not going to get to a place where you have much more than a house and a nest egg, right? The “rich” are just the old money folks with compounding wealth. Right?

In the states, ignoring California insanity, it feels like if you can land a $200k+ job you’ll have something that feels sort of rich by the end but just barely. And that’a going to be around a top 5th percentile income for most areas.