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0 points99912y ago0 comments

What does a millionaire look like?

0 comments

A million dollars ain't what it used to be.

There are lots of millionaires which are not stereotypical rich people.

I would say most, most of the millionaires I've met are in this bucket

A 4% return (which is pretty easy to get, even after tax) on $1 million nets you $40k per year.

It's not a lot of money, but you could live off it if you were frugal.

I don't know, that is why I was asking.

The parent post was making distinction between rich/poor and nomad/hobo. I can't tell which this guy is and was asking for more background.

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