Most 'professionals' quickly reach the point where money is really more about status than anything else. Sure, there are a few toy's, but the gap between a 25k car and a 250k car is not actually that big for most day to day driving. Often a 50$ watch is more useful than a 50,000$ watch.
Rent a 35' boat for a weekend and it's a fun experience, own a 35' boat and it's a long term hassle.
Not that status is useless. Being able to afford a high status area has plenty of knock on benefits. But, where the benefits of a middle class vs poor are might be huge past that there are significant diminishing returns.
So, IMO it's really a question of how much you care about status vs. any thing else. 50 year old with 90 million in the bank are a dime a dozen in some circles, where a CFO at Google get's a long list of people paid to do what they say.
Rent a 35' boat for a weekend and it's a fun experience, own a 35' boat and it's a long term hassle.
Not that status is useless. Being able to afford a high status area has plenty of knock on benefits. But, where the benefits of a middle class vs poor are might be huge past that there are significant diminishing returns.
So, IMO it's really a question of how much you care about status vs. any thing else. 50 year old with 90 million in the bank are a dime a dozen in some circles, where a CFO at Google get's a long list of people paid to do what they say.