The person in this hypothetical can choose if they want the lifestyle inflation or to save an extra $50k/year for retirement. Someone socking away $65k/year who

The person in this hypothetical can choose if they want the lifestyle inflation or to save an extra $50k/year for retirement. Someone socking away $65k/year who suddenly starts socking away an extra $50k/year can retire a lot earlier. That can absolutely be life changing. Someone who starts getting paid an extra $100k might also choose to have their spouse quit their job. An extra $100k is likely enough to offset a partner’s income (and a relatively high one at that). This is also a life changing event. > What it does not do is change your life qualitatively. You’re not going to be routinely flying on private jets or hiring a butler. Your ability to affect politics is still mainly limited to the ballot box. This is a very false dichotomy. There is a whole range of quality of life changes that happen before “private jet and election fraud” money. Anything over “not starving and can afford a place to live” is “incremental”.