• nomy@lemmy.zip
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      8 days ago

      I get what you’re saying but unfortunately $1M isn’t even that much money these days. Once you figure in a house, any retirement plans, vehicles, college funds, etc. A lot of people are “millionaires” on paper but still gotta make their commute every day and stick to their budgets. The reality is even with a million dollars, if you make a misstep or stop chasing you’ll end up in medical debt or homeless pretty quickly. Shit is brutal out here and capitalism doesn’t give a fuck about us.

      But I don’t like introducing myself to the neighbors even if I’m only worth $10, it’s just awkward.

      • jqubed@lemmy.world
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        8 days ago

        I realized a few years ago that most Americans will earn at least $1 million during their working lives. Even if they’re “only” making $30k/year that will get them to $1 million in a little over 33 years. They’ll probably never have much in their bank account, but they’ll have earned that much at some point by the time they retire.

        • Lemming6969@lemmy.world
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          8 days ago

          Can save 1m at 500/month with historically decent/good returns and 750/month with bad returns in 30 years.