That situation would be better described as “independently wealthy” rather than rich. Independently wealthy is specifically the scenario where your investments

That situation would be better described as “independently wealthy” rather than rich. Independently wealthy is specifically the scenario where your investments are your major source of income and you can maintain your lifestyle without extra income. Rich for me is about current liquid assets, and doesn’t relate to income. Rich vs wealthy is cash pool versus cash generation. A cleaner who wins the lottery is rich. A homeless person with enough investment income to cover food and transport is wealthy.