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The term isn't wrong, a person with a $1M net worth is still a millionaire. People just need to be aware that $1M has a very different buying power today than i
by AdamTReineke 13y ago
The term isn't wrong, a person with a $1M net worth is still a millionaire. People just need to be aware that $1M has a very different buying power today than it did for our parents' generation. Retirement is expensive and $1M doesn't go as far as people expect.