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Definitely. A mostly paid-off house and two retirement plans = millionaire family at say 55 years old. In a country of 300 million people, 8 million household
by chillingeffect 9y ago
Definitely. A mostly paid-off house and two retirement plans = millionaire family at say 55 years old.
In a country of 300 million people, 8 million households are are millionaire households.
- SomeStupidPoint 9y agoSince you mixed units: there are about 115 million households, so 7% of US households are millionaires, and (to speak to my point) being a millionaire doesn't make you part of the "1%".