Correcting for inflation since 1996 book publication, a 1996 "million"is about $1,700,000 now. The word million just sounds catchy. About 1 in 12 Americans is

Correcting for inflation since 1996 book publication, a 1996 "million"is about $1,700,000 now. The word million just sounds catchy. About 1 in 12 Americans is a millionaire in assets. But these assests may include real estate and retirement savings which are not easily spendable.