News 5 Things Rich People Say Beats Having $1 Million

Discussion in 'The Howard Stern Show' started by Ving, Sep 9, 2016.

  1. Ving

    Ving Well-Known Member

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    "A growing number of Americans are reaching millionaire status these days. In 2015, the U.S. reached a record 10.4 million millionaire households"

    Thanks Obama and Hillary!



    5 Things Rich People Say Beats Having $1 Million
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    Krystal Steinmetz
    September 9, 2016
    Have you always dreamed of becoming a millionaire? If that is one of your life goals, then this may shock you: Many rich people say finally hitting the million-dollar mark is really “not that big a deal.”

    According to CNBC, new data from Ameriprise Financial reveals that a mere 6 percent of retired millionaires say building up a seven-figure net worth is their most important financial achievement. A whopping 40 percent of millionaire retirees say reaching millionaire status was no big deal, especially when compared with other big money milestones.

    Ameriprise Financial released this “Pay Yourself in Retirement” report earlier this year, which is based on a survey of more than 1,300 Americans. They recently conducted a new survey with 432 millionaire retirees included in the initial survey.

    CNBC says based on the new Ameriprise survey, rich retirees think these five financial milestones are more important than becoming a millionaire:

    1. Retiring : 55 percent
    2. Paying off home mortgage : 43 percent
    3. Having the ability to pay cash for a new car or other special purchase : 31 percent
    4. Paying for children’s education : 28 percent
    5. Reaching a certain annual income level : 20 percent
    Marcy Keckler, vice president of financial advice strategy for Ameriprise, tells CNBC that the new survey results are revealing:

    “The message is, the money itself isn’t as important as what it helps them do. It’s more important that it lets them retire, or pay off their mortgage.”

    Of the 432 millionaire retirees surveyed by Ameriprise, 70 percent said they don’t consider themselves wealthy. Nearly half of respondents said you need to amass at least $5 million to be considered rich.

    A growing number of Americans are reaching millionaire status these days. In 2015, the U.S. reached a record 10.4 million millionaire households, an increase of 3 percent from 2014. Kevin Meehan, an Illinois-based certified financial planner, tells CNBC:

    “One million is historically a target that people have in mind, but sometimes when people get to that target, they don’t feel like they have accomplished as much.”

    Watch the video of ‘5 Things Rich People Say Beats Having https:// Million’ on MoneyTalksNews.com.

    Are you surprised that rich Americans think you need to have $5 million in order to be called wealthy? Share your comments below or on our Facebook page.
     
  2. Ashbeard

    Ashbeard Well-Known Member

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    One million isn't that much really. You'd need that much just to have a $40 000/year retirement.
     
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  3. DinnerSocks

    DinnerSocks Well-Known Member

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    Breaking News...

    Money, itself doesn't bring happiness, however the goods and services that you can buy with money do, in fact, bring happiness!
     
  4. gitchasum

    gitchasum Well-Known Member

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    Money isn't everything. Just don't ever run out of it.
     
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  5. Rod-Stroker

    Rod-Stroker Streptococcus Gingivitis Halllllllllllllitosis

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    Whores love money
     
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  6. Rescued Owl

    Rescued Owl VIP Extreme Gold

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    #6
    Having $10 a month to pay for a Gold Membership at Dawgs.
    :owned:
     
  7. Donkey Patrol

    Donkey Patrol The Mouthy One Gold

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    What's better than a million? Making $80 million in 5 years

    Only having to work 112 days a year, having 2 mansions and a NYC penthouse (2 floors of a building)

    Having a wife that is 19 years younger (that I have convinced she doesn't need kids)

    Having a gay lover (stylist) who lives in Jersey

    Having a woman trained to fire half of my staff (I don't have to get my hands dirty)

    Life is good
     
  8. agnes

    agnes Well-Known Member

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    "The money isn't as important as what it helps you do"

    No shit
     
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  9. Vidiot

    Vidiot Well-Known Member

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    "I don't care about the money! I just care about the STUFF!"
    --Steve Martin, The Jerk
     
  10. synch22

    synch22 Well-Known Member

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    Fuck their $1million.
    I will take a stable loving happy family over any of that. No multiple wives no cheating BS.
    I won in life man... My family makes me feel happy, I'm with my best friend. I have nothing missing in my life.

    Good night.
     
  11. Sea Slob

    Sea Slob Well-Known Member

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    you need $4m++ plus a paid off house or two to be well off IMO :grad:
     
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  12. fatness

    fatness Active Member

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    Tell us how it is in about 10 years
     
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