If you're (upper) middle class, saved your money, bought a house, and invested it in the stock market, and are, say, 60 to 70, then by now you could easily be a

If you're (upper) middle class, saved your money, bought a house, and invested it in the stock market, and are, say, 60 to 70, then by now you could easily be a millionaire. The wind was at your back, so to speak, for much of what you did. But a bunch of your money is in your house. And most of the rest of it is in an IRA or a 401k, unless you went for a Roth conversion. (You needed a conversion, because if you're 60 or 70, there wasn't a Roth when you started putting money in an IRA.) So you're a millionaire, on paper. You don't have a million in liquid assets, though.