[Goldwingnut]

Originally Posted by Steve

Harold Schwartz's original plan for The Villages was to be able to live a millionaire lifestyle without being a millionaire and he achieved it for many years. Nowadays, if you don't have that mill in the bank just move on!

35 years ago when Mr. Schwartz made that statement a million dollars had a different relative value than what it has today. Then, a million dollars was 10x the value of your home and 100x the cost of a car. Today, a million dollars is 3x or 2x or even less the value of your home, and a new car 8-10x is not uncommon.

To have a million dollars today is not uncommon nor hard to accomplish with a little planning, self control, and some even moderately wise investment. I would not consider someone “rich” who has a million dollars, more a prudent planner who prepared for their future retirement. Being a millionaire means having a net worth of over a million dollars, if you would you working life home that you lived in for 20 or 30 years and invested it in your retirement home you’re likely half way there, a 401K or IRA with another 500K can easily support a moderate lifestyle for many years to come, you’re a millionaire.