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RE: There are a record number of millionaires in the United States - 10.8 millon
A million gets a nice house, two cars and two kids' college paid for in full. It's a comfortable life and financial freedom. In my opinion being rich means your children's children are set for life. Probably the $7.5-10M range.
1 million sounds middle class from how you describe it. 7.5+ million is officially rich?
Exactly.