Other trigger points should be when to self-insure. The usual guidance is when you could easily pay the replacement costs. Insurance is always a low odds bet. The only economic reason for it is when losing the bet would devastate you financially.
- electronics insurance (self insure only)
- cryonics insurance (self insure only)
- travel insurance (self insure only)
- renters insurance (self-insure as soon as you have enough savings to easily cover your essentials)
- car insurance (I don't think you can legally self insure all of it)
- house insurance (self insure if rich and no mortgage)
- health insurance (self insure if super rich)
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I've remarked elsewhere that I'm not convinced of the value of discussing specific numeric values for these things, but because I'm a helpful chap here are mine.
For a lot of these, my actual answer is "Not interested until I have more money than I ever expect to have, not only because I don't see how I'd get it but because if I did then I would regard it as indecent not to give most of it away".
On personal assistant, I think the 3% of wealth value will not transfer to different people simply.
For many people, the value of a personal assistant is that they can accomplish so much more with their own time. I know a number of people who have taken this approach and report that it was an investment that paid off financially for them.
If you think of it as a pure cost, then yes, you would try to pay 30k ish and not be interested until you had a very large income.
For those people I know who actually use this, they employ people who are quite skilled and may command 50-60k/year or more, and who produce economic value in excess of their paycheck.
The key determinant seems to be the point at which your marginal ability to earn more money per hour from time saved is about 2-3 times what you have to pay your PA per hour. If you are in the right kind of job (sales, business owner), the threshold is probably somewhere around 150k/year. If you are in the wrong kind of job, it probably never makes sense until you are wildly rich.
Driver does work similarly, but again, the threshold is much lower if you need to drive around, but can profitably use time in the car to accomplish work that pays you more than you are paying your driver.