Remember the hit game show “Who Wants to Be a Millionaire?”—in 1998, that prize was worth only ~$500k in today’s dollars and in the early 1900s, the phrase to “feel like a million bucks” would mean having over $7 million today. While more Americans than ever now hold millionaire status, the buying power of that milestone has shrunk dramatically thanks to inflation and rising costs for housing, healthcare, and retirement. Listen to Adam and Ben unpack why $1 million may no longer guarantee the lifestyle you think, how inflation and psychology shape our money goals, and how to figure out what’s truly “enough” for you.
Ticket # T009712
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Investment advice offered through Great Valley Advisor Group, a Registered Investment Advisor. Great Valley Advisor Group and Haas Financial Group are separate entities. This is not intended to be used as tax or legal advice. Please consult a tax or legal professional for specific information and advice.
