LogFAQs > #941746984

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Topic	The USA has 18,000,000 millionaires
DevsBro 07/06/20 12:03:35 PM #32:	Bad_Mojo posted... I think it could be, but not with most Americans because a lot of them are horribly materialistic and buy a ton of useless shit Well. 1 million at current inflation and investment rates is something like $80k/year, but historically, inflation hangs around 2-4% instead of pretty much 0, which is more like $40-60k. It's doable but not what prospective retirees hope for. --- 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 <cite>DevsBro posted [p:941746984] in The USA ha... [t:78827931]...</cite> <quote>Bad_Mojo posted... </cite> <quote>I think it could be, but not with most Americans because a lot of them are horribly materialistic and buy a ton of useless shit</quote>Well. 1 million at current inflation and investment rates is something like $80k/year, but historically, inflation hangs around 2-4% instead of pretty much 0, which is more like $40-60k. It's doable but not what prospective retirees hope for. --- 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53 53</quote> ... Copied to Clipboard!
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