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genezapharmateuticals
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napsgeargenezapharmateuticals domestic-supplypuritysourcelabsUGL OZUGFREAK

anyone here a millionare?

If you want actual stats, only about 3% of the US population had a net worth of 1mil+ (remember that 5% had 100k+ income so ppl obviously can't save that 10%), and the avg millionaire is 56 years old meaning that the majority of people who do get to being a millionaire don't reach that point until right before retirement. Granted, America is a rich country, but the 30 or 40 year old millionaire we like to imagine or see on TV is definetly not very common at all. I'd be willing to bet that of most people who make it to millionaire, back at age 25, the majority were actually in sizeable debts from loans taken out to get their degree or for starting their business... spend $ to make $[/QUOTE]

and only 3% of the population can swim 500m without stopping. Fortunately I fall in both categories but I think the later is probably a bigger accomplishment for me because swimming does not come easy.
 
billfred said:
If you want actual stats, only about 3% of the US population had a net worth of 1mil+ (remember that 5% had 100k+ income so ppl obviously can't save that 10%), and the avg millionaire is 56 years old meaning that the majority of people who do get to being a millionaire don't reach that point until right before retirement. Granted, America is a rich country, but the 30 or 40 year old millionaire we like to imagine or see on TV is definetly not very common at all. I'd be willing to bet that of most people who make it to millionaire, back at age 25, the majority were actually in sizeable debts from loans taken out to get their degree or for starting their business... spend $ to make $



or they inherited it.
 
my pops pulled in 1.3 mil this last year, and he's not 50 yet.

he owns 3 houses, a 2008 BMW M5 (100K)

the majority of his money comes from stock. his salary is aorund 300K a year. his bonus is 150K a year. stock is worth over 1 mil.

i still live at home, my cheap ass, lol. i myself make 20K a year going to school. not exactly a millionaire.
 
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