So, I am a millionaire. What do I have to show for it?
Do you get that Social Security "Lifetime Earnings Summary" thing in the mail?
Basically, it shows your SS earnings for your lifetime and estimates what you'd get back if you retired in XXXX year, etc. Well, I got out the calculator and, God Bless me, I've earned a million U.S. dollars in my lifetime. Now, you'd think I would be sitting in the back of a Rolls Royce limo with a tophat and tails and suhweet mustache like that Monopoly game guy, right? Because the seven figures is your ticket to riches and bathing in mother's milk with rose petals. NO! I have.... a VW Camper van (needs new front end) About 20 percent of a decent home. 10,000 in Evel Knievel collectibles An iPhone Some decent threads and my wife has about 10 feet of closet stuff Timex Ironman watch Converse shoes A Dolce and Gabana Belt A really big TV and a PS3 A decent road bike ... ... uh, some other stuff...... WTF? right? I feel lliek the cobbler who has no shoes. case in point... SAVE YOUR MONEY it is WAY better than watching your kid open the fifth Wii game on holiday morning. One friggen Wii game is enough! rant over |
Right... I think the trick is to make that 1 million in one year. That is my goal. Not this 1 million every 15 years crap. heh.
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How long have you been working for Sony?? I am a third of that and I have not even started a career yet..
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Sounds like you need to be more ****ARDLY (rhymes with wiggardly)
–adjective 1. reluctant to give or spend; stingy; miserly. |
Save your money and dont buy a PS3!! :)
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Face it man,.....you wasted your money on the Evel Knievel collection.
The real money can be found in the Dane McCloud action figures and neighborhood play-sets. Any sound investment manager would have told you the same thing. |
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I don't even have a crystal plunger. :cuss:
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http://bmac20.files.wordpress.com/20...artsmalley.jpg
Me and this dude thinks you make kick butt commercials. |
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The problem is you live where that million dollars is only worth 42 cents.
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Good. We're going to need a bunch more evil rich people to tax the **** out of.
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Which martial art do you study to get the Dolce & Gabana belt? I've heard of Brazilian Jiujitsu, maybe there' a Rodeo Drive Go Ji Ryu?
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I'm in my 40's.
Up until November of this past year, I was set to "retire" at age 50. I had done many of the right things, worked hard to build my business, worked my ass off and spent a lot of money on a recent project that just took off in June 08. Then, the world economy crashes, manufacturing stops, the markets all but collapse, and the investments into my business have about a grand total current value of zip. Shit happens. Some of it we can control, some of it we have absolutely no control over. I just have to re-adjust my goals on "retirement", realize that I have to adapt to the changes, and keep doing the right things. I guess my comment to you TinyE is that if you don't plan and take control, you'll never get there. My plans have changed, and like you, I just need to be more aggressive as to how I'm going to get there. Good luck. PS - I know you are not alone, TinyE. Survey's say that the vast majority of American's don't save like they should be. |
Bleah. I'm depressed. My whole life, I've made responsible decisions only to get the chair kicked out from under me. The defense industry bust, the tech bubble, this latest econo-saster...I may as well have just spent it as fast as I made it. Some Wall Street mogul has a lot of my life savings, which he probably used to buy a $500,000 waste basket/desk blotter combo for his office.
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(someone had to do it) |
A wise man once said... "After a time, you may find that having is not so pleasing a thing, after all, as wanting. It is not logical, but it is often true."
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How much you want for that D&G belt ?
I'll trade you a pair or slightly used Vittoria tires for it ? |
I have a bunch of steroid era baseball cards for sale.
That is My retirement. |
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Anyone who thinks having cash is not as good as wanting cash, PM me your bank account info...I'll make all your destitution dreams come true... |
$5 million is the new $1 million.
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If you give me $10,000, you will be able to show people some Rep points from me.
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Pffft. Get back to us when you need a crane to put your 10 ton A/C unit on your roof.
:D |
All this is really doing is pointing out how $1million isn't really that much money.
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lol @ decent home
it's a friggin palace |
i'll take my chances making a mill in my lifetime
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Having assets of one million dollars doesn't really mean much because if you cash those assets in, you have no assets. |
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As long as we can comfortably support ourselves post retirement, including traveling, I will be very happy. |
Closest my family will be to millionaire status is if I die. Then the insurance only pays 100K.
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Doing $#it and going places I enjoy is now more important that buying/owning $3it... |
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And if you don't show up on my doorstep, suitcase in hand for an extended stay, I'll be pissed! :D But that is the true definition of a millionaire: earning in excess of one million dollars per year. Not many can pull that off. |
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Other than a million dollars in cash. That's an asset. I always thought traditionally that being a millionaire means having a million dollars in assets, but you can't retire on a million dollars in assets unless you're more than 95 years old. |
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