What’s your definition of wealth?
I read an interesting post today, and the author defined wealth as this:
If you have enough assets plus passive income to cover your personal lifestyle expenses for the rest of your life, and that money allows you to work at something you love – without concern for the amount of compensation – then you are wealthy.
That’s a pretty spot on definition - especially because it doesn’t specify an amount of money. The amount that makes you feel wealthy is completely up to you and no one else. Anything you’d add to it?