- Joined
- Jun 22, 2018
- Messages
- 389
Rep Bank
$3,078
$3,078
User Power: 351%
Getting close to 1 million in net worth and I just realized how it's not as much money as I once imagined, especially when considering a decent apartment anywhere in Europe starts at 350k euros. In the US I bet that number is double or triple.
Then it came to me. This idealization of "being a millionaire" probably appeared decades ago, if not a century ago. Back then the dollar was worth way more and the purchasing power was much greater.
I was watching "Double Indemnity" the other day, a movie shot in 1944, and at some point the movie shows a big villa "worth 30 thousand dollars". You can't even buy a mediocre car today with that money. Apparently, due to inflation, 30k in 1944 is worth about 500k today. Which again confirms my point that being a millionaire back then was way greater of a goal than it is today, due to the purchasing power people had.
This is a bit of a depressing take, but I realized you aren't really rich today with 1 million, more like well off. Which sucks. I thought I could retire with that money but I guess not.
While building my business I thought to myself "once I get to 1 million" I can let go. And while I can let go, I am certainly not at a point I wished I was. I was dreaming of mansions, supercars, yachts. That's more like in the 10 million plus net worth range.
Then it came to me. This idealization of "being a millionaire" probably appeared decades ago, if not a century ago. Back then the dollar was worth way more and the purchasing power was much greater.
I was watching "Double Indemnity" the other day, a movie shot in 1944, and at some point the movie shows a big villa "worth 30 thousand dollars". You can't even buy a mediocre car today with that money. Apparently, due to inflation, 30k in 1944 is worth about 500k today. Which again confirms my point that being a millionaire back then was way greater of a goal than it is today, due to the purchasing power people had.
This is a bit of a depressing take, but I realized you aren't really rich today with 1 million, more like well off. Which sucks. I thought I could retire with that money but I guess not.
While building my business I thought to myself "once I get to 1 million" I can let go. And while I can let go, I am certainly not at a point I wished I was. I was dreaming of mansions, supercars, yachts. That's more like in the 10 million plus net worth range.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Access Restricted: Unlock 1,000,000+ Posts
Stop Peeking Through the Keyhole.
Open the Door.
You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.
- Active Daily: Life-changing content posted dozens of times every day. No dead threads.
- MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
- Vetted Network: Connect with founders scaling to 7 and 8 figures.
- Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."— User Richard Peck
"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?




