I doubt anyone here compares themselves to "most europeans". I am a european and it's a lot of money for me but I dont see it to be a life changing amount of money (as in I would be comfortable just spending it).
You can easily spend half of this money on on real estate.
I am curious how you can say it’s “not life changing”. You can literally get back every second of your remaining time on this planet without having to spend it for an employer. A safe 3% withdrawal rate would put you at around $250k a year of extremely tax favored passive income that you get without having to do anything. What the heck.
> A safe 3% withdrawal rate would put you at around $250k a year of extremely tax favored passive income that you get without having to do anything. What the heck.
It's the movies and Forbes list constantly in your face.
Di Caprio/Scorssese plus Steve Forbes screwed (and skewed) a lot of people perceptions.