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

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A 30 year old with that kind of wealth would be “rich” in my mind.

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This is a tricky proposition, honestly. I mean, there are situational factors to consider. Does the person have a spouse? Kids? A house? What is that person's annual household income? Is person living on the money or is the person making more? Etc. The fact that it depends on the situation kinda tells me that $1 million is not, in and of itself, enough money to last.

Now, ironically, if the 30-year-old is unable to access the money (because they inherited it -- which is the most common way for a 30-year-old to get that kind of money), then they have much greater potential in the future. But they wouldn't have anything in the short term, and they wouldn't come across as "rich" to anyone.

Like I said -- tricky question.