4 ms·

Maybe a million dollars just isn't what it used to be.

• xwdv 5y ago
  It definitely isn’t. There’s so many more millionaires out there now. It’s not a big deal anymore, I expect most people will become millionaires at some point in their life, probably 30s. I hit a million 3 years ago and have already doubled that. 8 figures is the new goal.
  • endisneigh 5y ago
    > I expect most people will become millionaires at some point in their life, probably 30s. The people on here are so out of touch with reality, lol.
    • naveen99 5y ago
      Average age to reach a millionaire in the usa is 55. https://www.lexingtonlaw.com/blog/finance/average-net-worth-by-age.html https://www.lexingtonlaw.com/blog/finance/average-net-worth-...
      • sumeno 5y ago
        The averages are blown way out by the top. The median never tops $300k, so no, most people are not millionaires by their 30s
        • naveen99 5y ago
          If we valued people’s net worth like we value companies listed on the nasdaq, with P/E ratios of 40, median us worker with earnings of 60k, is at $2.4 million before 30. Note, the median salary of nasdaq listed company employees is probably not much higher than 60k without whom the companies wouldn’t sustain their own valuations.