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Yo_Mama_Been_Loggin

(109,457 posts)

37. That would be my case

Reply to B2G (Reply #18)

Wed May 6, 2015, 08:05 PM

May 2015

Last edited Wed May 6, 2015, 09:20 PM - Edit history (1)

With my retirement accounts and my house my net worth is $1.1 mil. Those aren't readily accessible assets.

I'm also 57 years old so it took a while to reach that level.

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43 replies

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Most millionaires say they're middle class [View all] KamaAina May 2015 OP

it's not wealth denial they are feeling, it is greed. notadmblnd May 2015 #1

Exactly. City Lights May 2015 #31

Ha! I wish I was a middle class millionaire. In_The_Wind May 2015 #2

They are comparing themselves to billionaires.... Human101948 May 2015 #3

It's a sickness. It is never enough for them. They are ashamed that they only have 2 or 3 million liberal_at_heart May 2015 #28

Don't worry, many working poor nadinbrzezinski May 2015 #4

That's rich. YoungDemCA May 2015 #5

well, why not? hfojvt May 2015 #6

Self-assessed socioeconomic status is pretty worthless across all echelons sadly whatthehey May 2015 #7

Yes, some millionaires are retirees. qwlauren35 May 2015 #33

Cause the middle class american dream takes millions to afford. One_Life_To_Give May 2015 #8

Depends edhopper May 2015 #12

I would love to have enough to set up a trust fund for liberal_at_heart May 2015 #29

It really is time for the torches, pitchforks, and hifiguy May 2015 #9

What a disgusting comment oberliner May 2015 #36

Second post of yours I've seen today where you fantasize about murdering people tritsofme May 2015 #40

And this is probably why B2G May 2015 #10

This speaks more to their mental state/mentality than to their actual wealth. Hiraeth May 2015 #11

And a lot of people who are classified as millionaires B2G May 2015 #13

Correct. Hiraeth May 2015 #14

I would agree B2G May 2015 #18

Bingo! The term "millionaire" is worthless in today's economy. Coventina May 2015 #20

Same here. Bought a bank repo in 1998 B2G May 2015 #23

That would be my case Yo_Mama_Been_Loggin May 2015 #37

Good point and a reasonable yardstick hifiguy May 2015 #27

Depends on where their wealth is edhopper May 2015 #15

Exactly spinbaby May 2015 #19

Yes, edhopper May 2015 #21

That's what we are doing.. SoCalDem May 2015 #43

Not to mention that money has to last you the rest of your natural lives. Coventina May 2015 #22

$35,000 to $50,000 a year edhopper May 2015 #35

+1 FLPanhandle May 2015 #30

Yep. Adrahil May 2015 #32

In the major American cities, a millionaire is just another word for homeowner LittleBlue May 2015 #16

This doesn't surprise me in the slightest. It takes being a millionaire to live the American Dream Coventina May 2015 #17

And edhopper May 2015 #24

Getting a million in Alabama is different than Silicon Valley, too KamaAina May 2015 #25

Very true. edhopper May 2015 #26

haha PowerToThePeople May 2015 #34

i would not qualify a million as rich. i could over 5 million. nt seabeyond May 2015 #38

...and a lot of middle class actually think they are wealthy. ScreamingMeemie May 2015 #39

My guess is that people who are dependent on a job and salary to maintain pnwmom May 2015 #41

When I was young, the super rich in a rural town daredtowork May 2015 #42