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It is more relative to where you're comfortable living and what lifestyle you're comfortable living. If I'm comfortable and pleased living in the middle of shitville out here, and my net worth is $1,000,000... I'm in great shape. If I want to live somewhere in a good neighborhood in some pricey city, that $7,500,000 may be a "good start".
Almost every idiot in the country has more than they "need", here in the states.
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