Reply to 31% of millionaires think they're middle class

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[quote=Anonymous][quote=Anonymous]Until we retired we lived a very UMC lifestyle even though our income would say we were rich. We were very aggressive savers and the higher the income the more we saved. We lived and traveled comfortably but not “rich”. Since we retired we set up trusts for our kids and grandkids plus put a lot into a charitable trust. What’s left we are now using to really enjoy life.

Many people are millionaires but I don’t believe you can really consider yourself a millionaire until your non home equity assets total a million. [/quote]

Our non-home-equity assets total a million. Maybe $1.2M or so? And we are UMC on a good day. Just really good savers, and no kids so we don't have those expenses. Our HHI is well under the average around here. There's lots of stuff I'd like that we can't afford. Stuff that rich people spend on without thinking about it. This "millionaire" stuff reminds me of that Austin Powers scene where he demands "One Million Dollars!" and everyone stares at him because that much money is nothing now. Here it is: https://www.youtube.com/watch?v=EJR1H5tf5wE&t=25s[/quote]

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