Yeah, “millionaire” just means “having $40k/year to spend in retirement.” Nowadays, literally every American should become a millionaire by the time they retire. It is very much no longer the flex it was a century ago.
“Self-made millionaire” is not referring to people who have a solid retirement based on investments. It is referring to people who started a business and became rich early in their career.
*billionaire
Yeah, “millionaire” just means “having $40k/year to spend in retirement.” Nowadays, literally every American should become a millionaire by the time they retire. It is very much no longer the flex it was a century ago.
“Self-made millionaire” is not referring to people who have a solid retirement based on investments. It is referring to people who started a business and became rich early in their career.