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Comment by strulovich | Hacker News Reader

Because research on this topic supports it. Happiness and wealth are correlated.

Only up to a certain point, no? I remember it was something around 100k USD, maybe 10ish years ago.

This is pretty intuitive. Its nice not to have to worry about money, but what is the difference between having 1M NW and 100M? If you're a mentally normal person, it just more mental burden.

Recent research disproves the old limit which has grabbed headlines like that old half a glass of red wine is good for you paper.

And also. Up to a certain point is still a correlation. Getting a lot of downvotes by people not knowing what a correlation is.

Really? Last I read the correlation breaks above a certain threshold, roughly that of "I don't need to worry about food or bills".

No, that study was constantly misreported on. There's a nice correlation all the way up.

And that threshold would set someone in among richest 1 percent in the world.

And when is that exactly? It definitely isn't making (unadjusted for inflation) the $70k that study suggests.

People are happy when they are secure and unhappy when they are insecure. Who can you name is secure in all of their physical, social, mental, spiritual, etc needs right now?

It's worth noting that while the curve flattens above a threshold, it doesn't level off completely at that threshold, there is still a positive correlation, just a smaller one.

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