Being a “millionaire” in America no longer equates with “wealthy”
If you have worked for 20 years and own a modest 2500-sq ft house, you probably have accumulated enough in your 401K, retirement funds, savings and home equity to put you over the $1M mark.
Just like the Gov’t deals in Trillion$ these days, real personal wealth is counted in Billion$
20 years to make a million. Then the gov’t raises the property tax so high you got to move away.
Imagine the actors on a show like “The Big Bang Theory” who get $1,000,000 per episode. They work maybe 10 minutes out of the 20 minutes the show airs.