When I was growing up in the 70’s and 80’s being a millionaire was huge. I remember our neighbor won a million in the lottery and immediately quit his job and bought a 1500’ house with a 2 car garage 2 blocks up the street, and we looked at him in awe.
Wondering today what’s the equivalent now of a millionaire in 1980. Apparently its $3,650,000 in adjusted dollars. I was actually surprised that’s all it was.
That's based on fake inflation numbers. To live like a 1970s millionaire today would take ten million dollars or more.
