Even if you own your own home outright being a millionaire is nice but it's just a vehicle to make money. In other words, with CDs now paying 5% plus interest you're talking $50,000 interest yearly per million. So, if you want to live a comfortable life you might be a millionaire, but you'll probably never want to tap the principle. Basically, being a millionaire today is not what it was in the 50s.
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