• SparroHawc@lemmy.zip
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    6 hours ago

    Millionaires don’t count as ‘rich’ any more. One million is no longer enough for stability.

    • OneOrTheOtherDontAskMe@lemmy.world
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      5 hours ago

      I disagree.

      Low millions, like your net worth in your 60s when you own a home, potentially two cars, and a retirement fund. 1-4 million? Sure, not rich, well off by most standards.

      Closing in on thay double digit millions? Yeah you’re rich. Hell, in most of the US, having a net worth of 7 million dollars is the ‘eccentric millionaire’ level for most of rural America.