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Sherifftruman t1_j6dtbxh wrote

Reply to comment by ChickenStripEater in One day, being a millionaire is not going to be considered rich. by Coronazonewearmask

2.2 million isn’t even that much. Take a couple, both right around 50. Between a house a decent retirement savings it is quite easy to have accumulated that much or even $3 mil net worth and that’s by no means feeling rich.

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Effective-Avocado470 t1_j6euwbs wrote

As a reasonably successful millennial earning close to 6 figures, this makes me feel so poor.

I'm saving and investing in retirement, but it'll not be close to enough even after decades of earnings

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TylerArtx t1_j6fidqx wrote

I think you're doing better than a lot of younger people at your age. So many Americans make way less. In recent years, there was a estimate that about 50% of Americans make about 16 dollars or less an hour. It was only in recent few years that federal jobs are required to pay 15 dollars minimum and there are a lot of civilian jobs where in military bases where the pay was so low. As someone who has witnessed this first handed, these people are like grown adults and even older folks with these jobs.

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Effective-Avocado470 t1_j6fm4l6 wrote

Absolutely, and that makes me feel terrible. The economy is fucked for working people right now

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Sherifftruman t1_j6exly3 wrote

I feel you. But Time…is on your side.

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Effective-Avocado470 t1_j6fd4je wrote

Well sure, except I'll retire into the climate change induced economic collapse of the world order. So I guess my savings won't matter anyway lol

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