> Everything you're buying at that tier is going to last.
I respectfully disagree. Luxury goods are often flimsy or expensive to maintain (e.g., Toyotas vs Porches) so research is still required.
As for private school and housing, these are exactly the expenses I'm talking about not getting wound up in. I went to private school almost my whole life, and I understand what it is to not want to be pulled away from a community, but the reality is that $500k—let alone $1m—is more than enough to afford a good private school and a good home in any city. The struggle to live on $500k / year is an artificial, self-sabotaging one.
I respectfully disagree. Luxury goods are often flimsy or expensive to maintain (e.g., Toyotas vs Porches) so research is still required.
As for private school and housing, these are exactly the expenses I'm talking about not getting wound up in. I went to private school almost my whole life, and I understand what it is to not want to be pulled away from a community, but the reality is that $500k—let alone $1m—is more than enough to afford a good private school and a good home in any city. The struggle to live on $500k / year is an artificial, self-sabotaging one.