What is considered rich these days??

Sorry but no amount of money would give me a conversation with my son.
That's something I never have nor ever will experience.
The pain of that never gets any easier.
It's become harder now he has entered adulthood.
I suppose money is buying the talking therapy I am having though, so you might be right on that score.

Is it though? As most women I know that "stay at home with the kids" barely see said kids as they're old enough to do their own thing. Their DH works all week but comes home to a wife that has nothing nice to say about them.

Once they're at school you need to have the awareness to say you're not a SAHM but just SAH

I'm only one person with limited experience but find relationships where there is no one at home far happier

GIven 99.5% of people earn less the £250,000 - I would certainly say it is rich.

I would say anyone in the top 10% earners is rich so anyone earning over £65,000.

Sorry. Money buys all those things.

What is considered rich these days?

I would say being rich in other ways besides financially.
Being loved, being healthy and being a kind person.
There are so many things in life that we take for granted. Things that no amount of money could buy - independence, freedom, the ability to speak.
I say this as mum to a severely disabled adult son who has never spoken nor experienced life's riches..

Once upon a time you won a million on the pools you were rich and set for life. The daily mail did an article a while back and asked what would be an equivalent nowadays. Nice house, second holiday home, subscription to netjets , children at private schools etc. they came up with a figure of £20 million. Which, and u know this is a matter of perspective, does not strike me as a large amount of money.

Then she should be feeling very, very comfortable…!

And if not - she can of course always get a job herself to increase their income.

What's rich? Id say above £2mn in assets excluding pensions and main residence.

Not directly related to income or lifestyle

MEOW!!!!

In normal families, marriage is a partnership and everything is a result of both people's effort. Sorry if that's too hard of a concept to understand.

Sure but despite the protests on MN not everyone in the UK lives in London. OP certainly doesn’t and has stated property costs are lower where she is.

Not working is out of touch with any self responsibility.

If your husband got ill and needed care could you take care of the family and bills?

They're in rural sw England.
However living in London gives you access to world class entertainment, theatre music and sports without a long expensive commute compared to what's near my cheaper house in a se commuter town

That probably helps!

There is another factor is OP’s ‘not feeling rich’ despite her obviously huge income, which is the high cost of housing.

If in London they might be living in a fairly unremarkable 3/4 bed semi / terrace (just with a seven figure price tag) which will make life feel rather more modest vs what one might expect on that income.

To be fair for OP school fees come out of a large annual bonus not salary so the equivalent salary is much higher.

@whowhatwheni mean if you “can’t spend freely” with an income of around 20k a month after tax it really is just due to your chosen expenses and expectations not your income.

Assuming a 10% pension contribution, £250k is £11k/m.

School fees are probably 50% of this.

Thats why you don’t feel rich - you are spending half your income on school fees.

Your actual money to spend on life beyond school fees is equivalent to 2x £50k earners.

I'd consider you rich if you weren't sending your DC to private schools. My sister and her husband's combined wealth is similar, but their DC are at state schools. They don't have to budget. Private schools are the killer.

Think it’s the other way around from what i read … everyone seems to be high earners but of course struggling or not really high earners and those of us on £30k should work harder 🙄

And of course you have had luck. The avoidance if bad luck is also luck. To be honest you do sound out of touch.

Obviously you're rich. Just look at the stats on average income, how many people are on your income level and the fact that you don't need to work.

Oh get in the bin, OP

Of course it’s LUCK. It‘a lucky you didn’t succumb to some mental illness, a family tragically died, you didn’t get bit by a car, you weren’t scammed out of life savings. Literally any number of really shitty things could have happened.

The language you use is problematic for us that haven't 'worked hard enough ' to earn his wage. One, there's no 'we', you've picked well and managed to knock out children and hold on to your marriage, that's your 'hard' input. Two, you don't give up anything to send your children to private school, so stop saying it. You might have more money to invest/put into pensions, but that isn't really giving something up. If you are WC you know how some people live. You would know that not having the money to just spend, because it's put somewhere else isn't the same as not having the money at all. You haven't changed class by the definition of class. I can see why you and your SIL are grating on each other. Is this your DH's sister? He should be dealing with her. Take a break from each other for a while, be busy or not well when she gets in touch.

So many jealous posters here. Why not retrain and become barristers or go find a barrister and marry them if money means that much to you 🤣 Honestly, my dh & I both have tough badly paid jobs but id never be so nasty and spiteful about those on higher incomes. Enjoy it OP. And your sil is just jealous too so ignore her! None of her business.