Sure; my point is that people are perhaps misspending their income anyway. That is, the guy making $1 million per year could just as easily decide to earn $200,

Sure; my point is that people are perhaps misspending their income anyway. That is, the guy making $1 million per year could just as easily decide to earn $200,000/year and have a lot more freedom. (In any case, $60k/year is meaningless without some reference to cost of living. $60k/year is an ample relative salary in the Dakotas, but much less so in San Francisco.)