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Personal Finance Topics / Millionaire Shrewds
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Author: BrerBear   😊 😞
Number: of 55 
Subject: Re: My father
Date: 01/19/2024 12:08 PM
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<<richinmd
My father made a casual mention of becoming a millionaire late in life. Obviously in the era he started working, around 1958, a million dollars was something special for someone to shot for.>>

Hmmm... two things I identify with:

1958 The first year I earned a real pay check doing a real job. Had to, if I wanted my own car and buy clothes that I liked; AND

$1,000,000 Hmmm, I thought... 1,000,000 socked away in an account at a safe 6%, $60,000 A YEAR! I could live on that!

Things changed a little in the interim. The Mil is there, and then some, but somebody changed the "safe at 6%" bit.

Worked a little longer than I anticipated on the front end. 45 years uninterrupted. Some years good, some really good, others not so good.

Healthier than I have a right to expect.

But it all paid off, so I have no complaints. Well, maybe except for the fact I could have spent more time with kids and family. But they turned out fine, too, in spite of it all. All degreed (along with several of the grandkids), no jail, no drugs, no divorces.
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