The New Rich: How Much Money Does It Take?

  1. Stacie L profile image88
    Stacie Lposted 5 years ago … -budgeting

    What does it take to be considered rich in 2010? The old million-dollar standard seems defunct now that this amount is often touted as a minimum that should be saved for a comfortable retirement. Let's look at some recent attempts to pinpoint the new standard of wealth.

    For many people, having a net worth of $1 million or even $100,000 still seems unattainable, yet these days neither of these figures is likely to impress anyone unless you attain them at a young age. Of course, even then, you'll be competing with the legacies of Bill Gates, Michael Dell and Mark Zuckerberg, all of whom were multimillionaires or billionaires before they turned 30.

    being rich today is a whole new game.. a million dollars is paupers pay..
    i know many that would like to be a million dollar pauper ..including me!

  2. About-The-Home profile image60
    About-The-Homeposted 5 years ago

    A lot less than you think. Read The Four Hour Work Week.
    It depends what you want to do.
    Money brings choice, choice brings responsibility, responsibility brings worry.
    Why worry, be happy.