Quote:
Originally Posted by MikeB1972
Well, a new house and my other half clearing out the local Louis Vuitton would wipe out 1 million leaving me skint again 
A million just doesn't go as far as it used to, I could probably stretch a couple of million out to retire on.
According to this site http://www.mybudget360.com/how-much-...age-us-income/ the median household income is a shade over $50k so a million is only 20 years worth, sure you will gain some on not paying tax and some more on interest, but you will lose on inflation, sure you could spend a chunk of it on some really good body armour and tell your other half that they will have to keep working but I wouldn't recommend it 
So, yes, I stand by my answer, 2 million is better for the average Joe than 1 million. |
We would all take the two million given a choice. But most of us would experience the same exhilaration with one million as with two, unless our bud won the two at the same time
Helen.