Yep i think you hit it on the head. Being rich is having the ability to wake up without knowing what you're doing that day and doing/going to wherever/what ever that please you in that moment. This is why material is so shackling and detrimental to most peoples innate dream of sovereignty. You can enrich yourself with substantial wealth so that moving/doing what you want trivial or you can enrich yourself by shedding as much material from your life as possible.
it really is all about time.