While a million dollars might be wealthy in some global sense I don't think it's helpful to the debate to classify them as such. A 67 year old whom after 45 yea

While a million dollars might be wealthy in some global sense I don't think it's helpful to the debate to classify them as such. A 67 year old whom after 45 years of work has managed to pay off his mortgage and scrape together a million dollars into his Vanguard account isn't meaningfully wealthy in the way a 40 year old CEO worth 100s of millions is wealthy, even though they're both "millionaires". The second person has power and influence and options that the first person will never have. The first person has much more in common with someone with a median income than someone actually wealthy.