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Retarded liberals and conservatives get DESTROYED by FACTS and LogIc!
11 Jul 2024 10:30 am
I agree $1 million in retirement accounts doesn't seem like much by today's standards. It does remain a lofty goal for retirees though as only a small percentage reach that level. ( 3.2% by the article I read )LowIQTrash » 10 Jul 2024, 6:09 pm » wrote: ↑ $1M isn’t much these days…maybe 24 years ago.
Additionally a large % of millionaires have that money locked up in their personal assets (like the house they wage slaved to pay off) which isn’t equivalent to an income producing asset.
I already told my side of the story so there’s no mystery why I think the way I do. When you’re surrounded by people who make $400K, $800K, and even $3M+ a yr, wagie slavie at a “6 figs job” (which most people take as $100K - $200K a yr) is not going to cut it.
Of course if it was the exact opposite (surrounded by people who make $50K, $80K, $100K) then you would be seen as a god making $200K a yr.
The current group of professionals aged 45-65 will no doubt push those numbers up.