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Making $570,000 A Year, But Not Feeling Rich; Does “Mr. Smith” Deserve Your Pity?

Making $570,000 A Year, But Not Feeling Rich; Does "Mr. Smith" Deserve Your Pity?

I just read about this doctor who made $570,000 in 2012, yet he didn't feel rich. The article used "Jake Smith" to cover the person's identity. In the interview, Mr. Smith said, "I think of rich as not having to worry about money, not having to worry about retirement, not having to worry about saving for your kids' educations. I have three kids and I try to save up for their futures, and my retirement, and even with my salary I don't feel secure." (Source: Sachon, L., "I Made $570K Last Year, But I Don't Feel Rich [In Fact, I Feel Worried]," The Billfold web site, May 17, 2013.)

Read More: http://www.investmentcontrarians.com/recession/making-570000-a-year-but-not-feeling-rich-does-mr-smith-deserve-your-pity/2137/