$1 Million usd when america was using the gold standard in 1970 is equivalent of over $8 Million todayits over
>>60890880>only 800% cumulative inflationIts actually much, much higher$1M from 1970 is closer to $50M todayIts getting harder and harder to cook the books thoughbeit
>>60890880I love these reminders of how fucked I actually am.
Makes sense. You need $10M these days to semi retire.
>>60891520Kek, more like 100M
>>60891503actually, it's much worseIt's $300M
>arguing over a screenshot of an unsourced LLM snippet
>>60890880how about you kys and stream it
You need around $20 million to be in the top 1% of all age groups
>>60891570why does factual information make you angry?>>60891520you can easily retire with less if you are single
>>60891520I could retire with 2 million as a middle class neet. Good enough
>>60891520No you don’t
>>60891541Stop low balling, it’s actually $1 billion.
The average house price where I live was $12,800 in 1970In 2025 it is $983,000The value of the dollar has lost way more inflation data claims
>>60892663In my state it would actually be 2 billion
>>60892725if you live in the middle of nowhere maybe, in any proper city you need at least 5 billion to retire
>negative net worth>$0 is the new $0feels good man
>>60890880>"You see that building? I bought that building ten years ago. My first real estate deal. Sold it two years later, made an $800,000 profit. It was better than sex. At the time I thought that was all the money in the world.Quote from the movie Wall Street, which came out in 1987. So in the context of the quote, Michael Douglas is telling a story from 1977. In the scene, he's pointing to a fucking mid-rise in lower Manhattan. A fucking mid-rise in lower Manhattan for the price of a house in a decent neighborhood today.
>>60892735Yeah maybe a city in a shitworld country.Any city you'd want to live in would require 1 trillion at the MINIMUM
>>60890880$35M is where life begins these days.