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Reply to "How does life change once you hit $1 million?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]4 million is the new 1 million so 1 million means nothing[/quote]I went to the financial calculator. To have the buying power of a million dollars back in 1980, you would need approx. $3.6 M in todays currency. Seems about right. [/quote] I guess it depends on when you were alive and when you fixated on the idea that 1 million is a lot of money. If you thought 1 m was a lot in 1985, you only need 2.7m to be equivalent. I was 10 in 1995 and I though 1 million was a lot--I wouldn't even have to double it now to be the same. 1 million in 2023 equivalents in other years: 1980: 3539824 1985: 2711909 1990: 2232625 1995: 1914324 2000: 1694024 2005: 1493720 2010: 1337783 [/quote]
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