Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Quixote1818

(31,157 posts)
14. Millionaire is not what it used to be 50 years ago. Few people worth a million feel wealthy
Sat Feb 22, 2020, 11:22 PM
Feb 2020

these days. And quite a few people near retirement who have been good at saving money get to this point by the time they are 80. However, they don't often have much access to that money since it is in the stock market. They are only getting a bit of it at a time. I am sure they feel secure but they can't get to crazy spending it or they can go through that much pretty fast.


https://www.businessinsider.com/how-much-money-it-takes-to-be-wealthy-2019-8

Recommendations

0 members have recommended this reply (displayed in chronological order):

The two most left candidates are millionaires. lynintenn Feb 2020 #1
How many long term Senators are not millionaires? The Wielding Truth Feb 2020 #5
Wealth can change your viewpoint. nilram Feb 2020 #9
Millionaire is not what it used to be 50 years ago. Few people worth a million feel wealthy Quixote1818 Feb 2020 #14
Well. He's not afraid of Socialism. If we honor the Constitution we cannot be totally Socialist. The Wielding Truth Feb 2020 #2
Not sure I get the premise. How does the constitution prevent socialism? nilram Feb 2020 #11
You get it. That is my point. The Wielding Truth Feb 2020 #22
So "If we honor the Constitution we cannot be totally Socialist." nilram Feb 2020 #23
I think that our governmental system and ecomonic system are 2 different things. rwsanders Feb 2020 #12
That is really, really good! nt Phoenix61 Feb 2020 #3
His last name is Maza not Martin. nt Phoenix61 Feb 2020 #4
Thanks. Corrected. nt nilram Feb 2020 #8
take a televised media vacation lambchopp59 Feb 2020 #6
Echo that. I haven't owned a teeve, ever. nt nilram Feb 2020 #7
K&R Excellent posting. alwaysinasnit Feb 2020 #10
K and R. Excellent! Quixote1818 Feb 2020 #13
Should be viewed by many! KSNY Feb 2020 #15
The far left and right converge in Totalitarianism. gembaby1 Feb 2020 #16
In the schema of global politics, you are correct . . . markpkessinger Feb 2020 #17
Good video, thanks! burrowowl Feb 2020 #18
Why are no pundits worried about going "too far to the Right"? Lol appalachiablue Feb 2020 #19
Because the self censored, corporate media is already there and they like it. Magoo48 Feb 2020 #20
He said it... zanana1 Feb 2020 #21
Latest Discussions»Retired Forums»Video & Multimedia»Carlos Maza: What the Hel...»Reply #14