View Single Post
Old 02-25-2019, 11:10 AM   #107
cjd
Senior Member
 
cjd's Avatar
 
Join Date: May 2014
Drives: 2017 BRZ
Location: Chicago
Posts: 3,291
Thanks: 1,260
Thanked 2,933 Times in 1,716 Posts
Mentioned: 58 Post(s)
Tagged: 0 Thread(s)
Garage
Quote:
Originally Posted by Dadhawk View Post
Yep, in 2017 there were nearly 16,000,000 millionaires in the US, that is persons with a net worth over $1M. Over $6,000,000 of those fall into the $1M - $2M range.

If you own your own home, pay it off, and save for retirement it's a simple process to get that point over several decades.

What a lot of people forget is most millionaires don't make a million dollars a year, they own assets worth $1M they accumulated over a life time.

It doesn't mean anything any more. The last twenty to thirty years has changed it so to actually need to make a million a year to have the same latitude as the millionaires of my teen years. Very depressing
__________________
Second chance build... or whatever it is.
cjd is offline   Reply With Quote
The Following User Says Thank You to cjd For This Useful Post:
Dadhawk (02-25-2019)