If you’re like me, 60k was a huge amount of money back then. Today, not so much. You used to buy a mansion for that...today it buys you a cardboard box. Roughly speaking, of course.
Some people just don’t seem to realize what has happened to the dollar. In a lot of places sixty thousand won’t buy you a tiny lot to put a cardboard box on. I was born during WWII and I clearly recall when that much would have bought a large farm with a FINE house, outbuildings, several large fishponds, farm equipment and livestock. It would have bought ten average small farms in the area where I grew up with money left over back around 1950 and I mean working farms with houses on them.