My wife and I combined will make about $220k USD this year. We will spend about $120k and save about $80k and pay about $20k in taxes. We have 2 kids in elementary school.

We don’t have to worry about money, and that does make me feel wealthy. I am self employed and I work about 25 hours a week, and that makes for a pretty chill life.

That said, no I’m not wealthy by any standard aside from quality-of-life. We have two cars but they are 10 and 13 years old. We have a nice house in a nice area and we are lucky for that, but it is 60 years old, has a fuse box instead of circuit breakers, and is deteriorating faster than I can motivate myself to fix it.