Hi, Waitasec, and thank you for your thoughtful response to my question. I appreciate it.
You may not have seen my post directly above yours - I have the feeling we were typing at the same time. If not, please read it - you may find it interesting and I'd like your feedback, since you are a US citizen married to a Swede.
I've heard several people on this thread say that they think Americans all believe they will be rich before they die. Wow - I can't relate to this, as it hasn't at all been my experience. Yes - the OPPORTUNITY is there, and that's appealing to people who hope to be "rich" some day, and I believe, based strictly on my personal experience and the experiences of my friends and family (in other words, not a study) it IS more possible, for those people, to reach that goal in the US.
But most people I know don't aim to be "rich." They aim to be comfortable - to provide well for their families, to enjoy a nice house, a big TV, a dependable car that's not an eyesore, and not worry about where their next meal is coming from. Most people I know realize that "rich" doesn't equal "joy."
But - what most Americans consider "comfortable" would seem like the lap of luxury for most of the rest of the world.
For instance, I live in a 2500 square foot home, on an acre lot, new construction, with lots of nice features like beautiful trim, fixtures, granite countertops, jacuzzi tub, etc. Without telling all my personal business, let me just put it this way - this house would be absolutely unaffordable to us -simply UNAVAILABLE - in most parts of the EU. Our European friends, some of whom visit about once a year, are simply amazed at the affordability and availability of quality real estate in the US in general, and our area in particular. By their standards, we are "rich." When in reality, they are more "upper class" in Europe than we would be if we lived there.
Though they are wealthy by EU standards, they are absolutely awestruck by our "wealth" and creature comforts - and cost of living.
So in this sense, yes -we want to be "rich" and we ARE "rich." But that term is very subjective.