How important is salary to your quality of life?

It differs from person to person. But you will definitely need to have a certain level of income to be happy. But it might not be at UHNW level.

You definitely need money to have a better quality of life but what comes with the money might also affect it.

Jack Ma said in an interview once about the amount of stress he has because of his networth and would’t mind earning less for less stress while there are others that are happy with more stress and more money.

You can check out an article here http://amp.timeinc.net/time/money/5157625/ideal...

Our basic necessities of food, clothing, and shelter are decided ultimately by only one thing - Income.

The higher your income, the better food we eat, the nicer clothes we wear, and the bigger the roof over our heads.

So I would say, it is the only thing that decides the quality of life we live.

Now income doesn't have to only come from your salary. Investments also provide more income. It's how we can possibly retire one day without a salary.