Comments on: Comparatively Speaking A Million Dollars is Still a lot of Freaking Money http://www.myjourneytomillions.com/articles/comparatively-speaking-million-dollars-lot-freaking-money/ Elite Personal Finance and Estate Planning Information for Everyone Thu, 09 Feb 2012 20:43:01 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: There is No Point to Discussing Safe Withdrawal Rates http://www.myjourneytomillions.com/articles/comparatively-speaking-million-dollars-lot-freaking-money/comment-page-1/#comment-69981 There is No Point to Discussing Safe Withdrawal Rates Tue, 13 Dec 2011 16:15:28 +0000 http://www.myjourneytomillions.com/?p=2411#comment-69981 [...] But it is more likely than not you won’t have that $1,000,000 in investable assets, because comparatively speaking a $1,000,000 is still a lot of money.  My back of the napkin math in the linked article says about 92% of people do not have that kind [...] [...] But it is more likely than not you won’t have that $1,000,000 in investable assets, because comparatively speaking a $1,000,000 is still a lot of money.  My back of the napkin math in the linked article says about 92% of people do not have that kind [...]

]]> By: Adrian http://www.myjourneytomillions.com/articles/comparatively-speaking-million-dollars-lot-freaking-money/comment-page-1/#comment-65137 Adrian Sun, 19 Jun 2011 11:44:58 +0000 http://www.myjourneytomillions.com/?p=2411#comment-65137 I'm just amazed at the high proportion of high income earners compared to New Zealand . Would be interested in further insights into how this was achieved I’m just amazed at the high proportion of high income earners compared to New Zealand . Would be interested in further insights into how this was achieved

]]> By: Example of a Balance Sheet of a High Net Worth Individual http://www.myjourneytomillions.com/articles/comparatively-speaking-million-dollars-lot-freaking-money/comment-page-1/#comment-53033 Example of a Balance Sheet of a High Net Worth Individual Tue, 26 Oct 2010 00:40:21 +0000 http://www.myjourneytomillions.com/?p=2411#comment-53033 [...] Everyday I have a high net worth balance sheet put in front of my face.  Everyday I will put together a balance sheet that will go way north of the $1,000,000 that people tend to strive for, but most won’t make.    [...] [...] Everyday I have a high net worth balance sheet put in front of my face.  Everyday I will put together a balance sheet that will go way north of the $1,000,000 that people tend to strive for, but most won’t make.    [...]

]]> By: Evan http://www.myjourneytomillions.com/articles/comparatively-speaking-million-dollars-lot-freaking-money/comment-page-1/#comment-16306 Evan Mon, 31 May 2010 17:23:50 +0000 http://www.myjourneytomillions.com/?p=2411#comment-16306 Wow there is a TON of stuff on BLS.gov! Wow there is a TON of stuff on BLS.gov!

]]> By: Early Retirement Extreme http://www.myjourneytomillions.com/articles/comparatively-speaking-million-dollars-lot-freaking-money/comment-page-1/#comment-16195 Early Retirement Extreme Mon, 31 May 2010 00:03:26 +0000 http://www.myjourneytomillions.com/?p=2411#comment-16195 Check out the BLS (I believe) statistics to see the average net worth for various ages and incomes. It is shockingly low, typically 4 figures or low six figures. It may be that a million isn't what it used to be but most people still aren't millionaires. If we take out home equity, the average numbers are downright pathetic. Check out the BLS (I believe) statistics to see the average net worth for various ages and incomes. It is shockingly low, typically 4 figures or low six figures. It may be that a million isn’t what it used to be but most people still aren’t millionaires. If we take out home equity, the average numbers are downright pathetic.

]]> By: Broke by Choice http://www.myjourneytomillions.com/articles/comparatively-speaking-million-dollars-lot-freaking-money/comment-page-1/#comment-11819 Broke by Choice Tue, 13 Apr 2010 21:57:34 +0000 http://www.myjourneytomillions.com/?p=2411#comment-11819 I am so with you $1M is alot of money. Anyone who tells me that it isn't alot, is crazy. It may not be enough to live the life of luxury, but I am sure it is enough to live a quality life of comfort. I am so with you $1M is alot of money. Anyone who tells me that it isn’t alot, is crazy. It may not be enough to live the life of luxury, but I am sure it is enough to live a quality life of comfort.

]]> By: Carnival of Personal Finance #252: Famous People With Tax Troubles Edition http://www.myjourneytomillions.com/articles/comparatively-speaking-million-dollars-lot-freaking-money/comment-page-1/#comment-11758 Carnival of Personal Finance #252: Famous People With Tax Troubles Edition Mon, 12 Apr 2010 20:32:22 +0000 http://www.myjourneytomillions.com/?p=2411#comment-11758 [...] from My Journey to Millions says that Comparatively Speaking A Million Dollars is Still a lot of Freaking Money. Just ask anyone who doesn’t have a million in the [...] [...] from My Journey to Millions says that Comparatively Speaking A Million Dollars is Still a lot of Freaking Money. Just ask anyone who doesn’t have a million in the [...]

]]> By: Victorino http://www.myjourneytomillions.com/articles/comparatively-speaking-million-dollars-lot-freaking-money/comment-page-1/#comment-11218 Victorino Thu, 01 Apr 2010 14:32:59 +0000 http://www.myjourneytomillions.com/?p=2411#comment-11218 There is still a lot you can do with a million dollar - especially if its a net worth. It just means you can enjoy your proceeds from debts and enjoy a million dollar net worth or net assets after deducting all of your liabilities. There is still a lot you can do with a million dollar – especially if its a net worth. It just means you can enjoy your proceeds from debts and enjoy a million dollar net worth or net assets after deducting all of your liabilities.

]]> By: Financial Cents http://www.myjourneytomillions.com/articles/comparatively-speaking-million-dollars-lot-freaking-money/comment-page-1/#comment-10313 Financial Cents Sun, 21 Mar 2010 18:47:09 +0000 http://www.myjourneytomillions.com/?p=2411#comment-10313 @Evan, I would agree with you. 8:92 is still a huge ratio and a mil. is still a large sum of money, all things being equal! @Evan,

I would agree with you. 8:92 is still a huge ratio and a mil. is still a large sum of money, all things being equal!

]]> By: Friday Finds http://www.myjourneytomillions.com/articles/comparatively-speaking-million-dollars-lot-freaking-money/comment-page-1/#comment-10217 Friday Finds Fri, 19 Mar 2010 20:17:00 +0000 http://www.myjourneytomillions.com/?p=2411#comment-10217 [...] to Millions ponders on how he thinks a million dollars is still a heck of a lot of money in Comparatively Speaking A Million Dollars is Still a Lot of Freaking Money. I agree!  I am sure I could live off a million dollars for the rest of my life.  Even with [...] [...] to Millions ponders on how he thinks a million dollars is still a heck of a lot of money in Comparatively Speaking A Million Dollars is Still a Lot of Freaking Money. I agree!  I am sure I could live off a million dollars for the rest of my life.  Even with [...]

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