> For example, I would rather make $500k per year and have $10k net worth, than make $100k per year and have a $1 million net worth.
Why? Are you assuming that you'll quickly build up your wealth in the first scenario. Personally, I'd be way more comfortable with the second - no worries around how long your income stream will last.
Why? Are you assuming that you'll quickly build up your wealth in the first scenario. Personally, I'd be way more comfortable with the second - no worries around how long your income stream will last.