How many millionaires?

http://www.cnn.com/2008/US/06/24/world.wealth.ap/index.html?eref=rss_topstories

add a couple more to the list:

http://www.nytimes.com/2008/06/25/us/25everglades.html?ref=science

And yet I'm not one of them.

Dang, I need to jump on that bandwagon. I was talking to my wife the other night about how dissapointed I was that I could not buy a new Alfa 8C (not even close, I could scarcely afford a rusty '87 Milano at this point, lol) and that we needed to push our income much higher. She rolled her eyes at me.

Me either dammit

Not really planning on being one of them.

dosen't take much to be a millionaire anymore. With houses in the northeast now costing $500,000 or so for a nothing super special.

Owing $550K on a home worth $500K doesn't make one a millionaire. :)

ignorant wrote: dosen't take much to be a millionaire anymore. With houses in the northeast now costing $500,000 or so for a nothing super special.

semi expensive house + retirement fund + cars + high end electronics (ect)

its not that hard to be there these days.

what with inflation being what it is.

a million dollars dosent buy much anymore really.

i think i read somewhere that a middle class family would need in excess of a mil to retire comfortably at a reasonable age.

$500k house + $80k corvette (example) + $40k wikes car + savings to put kids through college + retirement fund..

thats an upper middle class example in many areas... (what do houses in cali cost?) and its not that large of a stretch.

how many soccer moms do you see driving hummer H2's? (the alarming thing is porobly how few people own their cars outright)

im just saying that being a millionaire isnt that impressive and elite anymore.. (its having those things and not owing the bank both your testes thats unusual, but as i said, not that terribly out there)

The article stated that "Home values were not included in asset totals." anyway.

I'm a multi-thousandaire.

I must be a multi-hundredaire then.

two dollars.... I want my TWO DOLLARS!

the amount i have in retirement savings is a little less than what i owe on my house, and i live from day to day on short-term funds, so i guess i'm in pretty bad shape. but that's right now. the amount in my retirement fund continues to grow, and the principal on my house continues to shrink (although not as quickly as its FMV, ), so someday, in theory, i'll be wealthy. i'll probably die right around then.

You may need a hand offloading all of them assets... just don't look to me.

I'm at least a multi-aire.

I'm an E-30-aire...

"If you're single, and you die in debt...

You win!"

Does this mean I'm a multi-children-aire with 3 kids? :) How much do kids go for on the open market now? I think I could be a millionaire if I sell them :)

CivicSiRacer wrote: Does this mean I'm a multi-children-aire with 3 kids? :) How much do kids go for on the open market now? I think I could be a millionaire if I sell them :)

I think that just makes you broke.

I'm a dollar-menunaire.