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RE: Whether I am rich or not depends on how I define rich on the test

I picked the top 20% as being perceived to be rich. Of course, that's not truly rich, but enables one to live well, own a home etc. However, there are plenty of folks in that or even higher income levels that aren't rich at all and are just living paycheck to paycheck while trying to keep up with the Joneses.

While the top 0.5% are probably truly rich, I recall seeing a study somewhere where the people in the top income levels change tremendously, think athletes, celebrities and ponzi schemers. High incomes don't typically last forever.


-Rod


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