a “millionaire” (net worth of $1,000,000) is simply middle class in today’s terms. Hell, it’s not even upper middle class any longer. A millionaire is not rich. Or, as I like to say, the title “millionaire” is now about as impressive as a used Toyota Camry. In today’s inflationary age, you need to be a baby-billionaire (one billion pennies or $10 million) to really have financial freedom while enjoying the perceived “millionaire lifestyle.” Yes, ten million is the old one million.
