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File: inflation1970.png (246 KB, 2455x881)
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$1 Million usd when america was using the gold standard in 1970 is equivalent of over $8 Million today

its over
>>
>>60890880
>only 800% cumulative inflation
Its actually much, much higher
$1M from 1970 is closer to $50M today
Its getting harder and harder to cook the books thoughbeit
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>>60890880
I love these reminders of how fucked I actually am.
>>
Makes sense. You need $10M these days to semi retire.
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>>60891520
Kek, more like 100M
>>
>>60891503
actually, it's much worse
It's $300M
>>
>arguing over a screenshot of an unsourced LLM snippet
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>>60890880
how about you kys and stream it
>>
File: net worth by age.png (81 KB, 990x543)
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You need around $20 million to be in the top 1% of all age groups
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>>60891570
why does factual information make you angry?
>>60891520
you can easily retire with less if you are single
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>>60891520
I could retire with 2 million as a middle class neet. Good enough
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>>60891520
No you don’t
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>>60891541
Stop low balling, it’s actually $1 billion.
>>
The average house price where I live was $12,800 in 1970

In 2025 it is $983,000

The value of the dollar has lost way more inflation data claims
>>
>>60892663
In my state it would actually be 2 billion
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>>60892725
if 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 $0
feels good man
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>>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.
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>>60892735
Yeah maybe a city in a shitworld country.
Any city you'd want to live in would require 1 trillion at the MINIMUM
>>
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>>60890880
$35M is where life begins these days.



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