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I have a corollary question. Is million dollars a lot these days?

• haunter 5y ago
  Yes. At least in Europe you can retire with that amount of money and never work again
  • abc_lisper 5y ago
    Where in Europe?
    • haunter 5y ago
      East and the Balkan. Poland, Slovakia, Hungary, Romania, Bulgaria, Greece etc
      • tluyben2 5y ago
        Spain, Portugal.
• whiskyant 5y ago
  It depends what you mean by a lot. It's a lot, but is it rich (in the US)? No. According to several surveys held in the US, around $2.5M was what most considered enough to be considered wealthy. However, with recent inflation, that figure has probably increased. Btw the minimum amount needed to be included in the top 1% of household net worth in the US is $11,099,166.