re: Is $1 million a lot of money in 2019?

quote:

---

that's all fine and dandy, but the MAIN thing matters in this specific topic is lifestyle in retirement. Saying you need 130k minimum as a banket statement is just not right.

---

Isn't this the truth? I am reminded of my grandma, who was one of the happiest people I have ever known. She never worked outside the home & lived until 94, on my grandfather's small SS payout. Small house, long paid off. Happy life, with minimal possessions & no need to buy (like more shoes, more jewelry, more crap). Traveled some with her kids/grandkids (nothing exotic, mostly to visit various relatives). She probably never had more than $10K liquid during her near-century of existence.

A million is still an incredible amount of money to most people in the world.