Although being a millionaire sounds nice, it’s not that impressive anymore thanks to inflation. In order to be a real millionaire, you will need to have a net worth of at least $3 million, not $1 million. If you retired today at 65 with $1 million, you may be able to spend $40,000 a year
The post Are You A Real Millionaire? $3 Million Is The New $1 Million appeared first on Financial Samurai.
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