of course everything is relative.............nat han rothschilds would not look at a guy with 1 million dollars and call him rich..........but in the grand scheme of things, having 1 million in liquid assets it pretty rich if you define that by your comparative standard of living against other people, this amount of money would allow one to live a lifestyle others would define as "privledged".............but 1 mil today is not enough to really coast on for your entire life living well, you woul dhave to either be very frugal or work to a certain extent.................. now if you have 4 million, you money at this point can really start making money, you can pretty much spend like a pig you whole lifetime, and never have to worry about it.