To think they are ‘𝘳𝘪𝘤𝘩’

[HansBanan]

Okay, I know it's subjective but I'm some what bored of my in-laws down playing this.
My SIL is 28, well educated, 2 children, lives in London. She's married, husband is about 40, a little older maybe, a high earner (250k ish - chief investment officer for a wealth management company).
They are mortgage free, in a large beautiful house (I'm not sure of the logistics of how this is the case but know they are). 1 car, owned outright. They have credit cards but I'm sure they pay them off monthly and mainly use them for the benefits and rewards.
Their children are young so not school age yet, but it's very clearly they sill be privately educated. I'm not sure how much the bonus her husband receives would be but let's assume it's anywhere between 25k - 125k depending on the firm.
They holiday several times a year, almost always business class.

AIBU to think that is ‘𝘳𝘪𝘤𝘩’? My in-laws are all insisting that in London this is just comfortable but I don't buy it! Especially not with their mortgage free home!
I know it's not my business but it irks me

In London no not rich rich. But if they are mortgage free they’ve got a lot of spare money, so very comfortable.

I suppose it’s a bit subjective - I read that and thought bloody hell yes they’re rich ! 😂
but then I see other people are saying that it’s not rich.

i have a toothache at the moment and can’t even afford to go to a dentist soooo 😅😂

I agree with this! @HansBanan id hate to think any relatives of mine were pouring over what I earn/pay/don’t pay.

none of this is any of anyone’s business

shit the conversation down and tell mil it’s distasteful

Yes, rich.

Your inlaws are correct. They are (very) comfortable. They are not 'rich'. Unless you are leaving out details from your OP, then they only own one property and one car. They are not CEOs, and your BIL does not earn seven figures. They aren't rich. Why does it bother you, anyway?

SIL and BIL are rich. PILs are bores. Surely the biggest London expense is accommodation which is covered?

I'd say they were well off but not 'super yacht level' rich

No, they aren't. They are very comfortable but they are not earning 7 figures.

They're rich and your IL's are out of touch/deluded.

Stop engaging with them about it. If they bring it up then shut it down, change the subject, hum softly while staring off into space... you don't need to justify your lifestyle and spending choices. Try not to let it get to you. Honestly they sound like hard work.

They are rich because they are mortgage free. If they had a mortgage even with this salary in London they would have been only comfortable (esp with private school)

It comes up in terms of
"SIL can privately educate her children why can't you"
"SILs children frequently wear outfits totalling over £500 why can't you"
"SILs girls had these lovely Ralph Lauren dresses for Christmas you should have got one for DD so they matched"

honestly, why are you engaging with someone who's clearly as thick as mince.

what value are they adding to your life?

ok I'll answer - nothing.

If you're not even considering private schooling that is not comfortable imo.

How come you don't know the exact age of your BIL? Do you not acknowledge birthdays in your family?

Just reply
" don't want to"
Broken record
Stop letting them drag you in to it.

I don't particularly like him and think he's a creep tbh. I don't remember exactly what year his 40th was but it was recentish either 2021 or 2022.

’Well off’ not ‘rich’.

Why is she with someone so much older?

Not sure I'd agree, I'd say "comfortable" is being able to afford all day to day costs and still have money left for luxuries. Private school is more "well off" than "comfortable" but it's all subjective

I'd imagine money

They are definitely well off. We are in a similar situation, though not quite as well off. It has not always been easy despite what people think. A lot of work and planning has had to go into it to get here. Rather than business class holidays, we go with maximizing pension contributions and securing our retirement which we hope to take by mid 50s.

I'd say comfortable or quite well off not ' rich''. Sounds quite standard for comfortably off.

This.

I'd say the Beckham's are rich.

I'm not sure that I have ever met anyone who thinks of themselves as rich. My circle includes several multi millionaires but no billionaires.

The people I consider to be most definitely rich mostly consider themselves to be comfortable. Some actually think of themselves as less than comfortable.

Earning 7 figures is not the benchmark for 'rich'.

To me, earning well into the top 1% in the country (£183,000), having no major outgoings and earning 3 times the amount of top cost of living expenses is rich.

You don't have to agree, but there is no 'correct' or 'incorrect', it's subjective.