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I don’t understand this line of thinking. My father worked a minimum wage job most of his life and was able to retire a multi-millionaire simply because he save

I don’t understand this line of thinking. My father worked a minimum wage job most of his life and was able to retire a multi-millionaire simply because he saved and invested his disposable income. Most people can become wealthy but they choose to drive fancy cars and go to the movie theaters instead then complain how unlucky they are. That’s simply not true. If people are lucky because they realized wealth was attainable then yes, the most successful people are lucky.

dragonwriter 7y ago
> My father worked a minimum wage job most of his life and was able to retire a multi-millionaire simply because he saved and invested his disposable income. Inflation-adjusted federal minimum wage is lower today than it has been most of the time since the 1956, and if you measure against minimal needs it's even worse because CPI also includes hedonic adjustment. Sure, by historical standards (both before and since) the “Lost" Generation, the Boomers, and (to a lesser extent) the leading edge of Gen X spent all or a substantial share of their adulthood in times where, especially if you were a White man at least, there was unusually strong economic opportunity for the working class.