Quote:
Originally Posted by DaneMcCloud
Being a "millionaire" to me means earning at least one million per year or more.
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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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.