U.S. millionaires say $7 million not enough to be rich

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U.S. millionaires say $7 million not enough to be rich - 3/14/2011 7:15:26 PM

Brain

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I suppose this explains why people think they pay too much taxes or maybe it’s extravagant lifestyles and keeping up with the Jones. On the other hand Michael Jackson probably didn't think he was rich either with all the money he was spending and almost going bankrupt.

U.S. millionaires say $7 million not enough to be rich
NEW YORK (Reuters) - A million dollars ain't what it used to be.
More than four out of ten American millionaires say they do not feel rich. Indeed many would need to have at least $7.5 million in order to feel they were truly rich, according to a Fidelity Investments survey.
Some 42 percent of the more than 1,000 millionaires surveyed by Fidelity said they did not feel wealthy. Respondents had at least $1 million in investable assets, excluding any real estate or retirement accounts.
"Every person in the survey is wealthy," said Sanjiv Mirchandani, president of National Financial, a unit of Fidelity. "But they are still worried about outliving their assets."
http://www.rawstory.com/rs/2011/03/14/u-s-millionaires-say-7-million-not-enough-to-be-rich/

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RE: U.S. millionaires say $7 million not enough to be rich - 3/14/2011 8:10:43 PM

DarkSteven

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Well, yeah. That woman obviously needs more money, to get decent clothes.

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RE: U.S. millionaires say $7 million not enough to be rich - 3/14/2011 8:19:16 PM

ThatDamnedPanda

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quote:

ORIGINAL: Brain
More than four out of ten American millionaires say they do not feel rich. Indeed many would need to have at least $7.5 million in order to feel they were truly rich, according to a Fidelity Investments survey.
Some 42 percent of the more than 1,000 millionaires surveyed by Fidelity said they did not feel wealthy. Respondents had at least $1 million in investable assets, excluding any real estate or retirement accounts.

Fuck it. Kill them and eat them, I say. Enough of this shit.

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RE: U.S. millionaires say $7 million not enough to be rich - 3/14/2011 9:09:36 PM

Edwynn

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The only thing this post explains is what a dupe you are. The media grabbed the ring in your nose and led you to the lowest millionaires, the majority of whom actually pay a decent percentage of their tax obligation, so as to lead your easily misdirected attention away from the billionaires, who by and large pay a smaller percentage of their actual tax obligation.

Job done.

Speak with your wallet, don't buy things from millionaires.

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