The word millionaire has been associated with wealth for decades. However, $1,000,000 today has the same buying power as $400,000 in 1990. I know we’d all like to be millionaires, but it doesn’t have the same meaning that it used to.
A million today may not be worth as much as a million 35 years ago, but a million still undeniably makes you wealthy even today. Heck… even 400k in 2025 would make you decently wealthy. You can live a quite comfortable life with that kind of money
I’m not exactly a fan of pretending that millionaires are somehow struggling, and if they don’t “feel wealthy” they should take a good hard look at the lives of people in the middle class or lower.
Edit: This all feels very similar to that claim I’ve been seeing going around recently that somehow an income of 100k per year would be a poverty wage, even though it’s twice the mean income of US housholds.
If you can’t make ends meet with 100k per month in income or one million in the bank, you might just need to spend a little less lavishly. Your life will still be comfortable, I promise.
The word millionaire has been associated with wealth for decades. However, $1,000,000 today has the same buying power as $400,000 in 1990. I know we’d all like to be millionaires, but it doesn’t have the same meaning that it used to.
A million today may not be worth as much as a million 35 years ago, but a million still undeniably makes you wealthy even today. Heck… even 400k in 2025 would make you decently wealthy. You can live a quite comfortable life with that kind of money
I’m not exactly a fan of pretending that millionaires are somehow struggling, and if they don’t “feel wealthy” they should take a good hard look at the lives of people in the middle class or lower.
Edit: This all feels very similar to that claim I’ve been seeing going around recently that somehow an income of 100k per year would be a poverty wage, even though it’s twice the mean income of US housholds.
If you can’t make ends meet with 100k per month in income or one million in the bank, you might just need to spend a little less lavishly. Your life will still be comfortable, I promise.