This is what $1 million in cash looks like. More money than most

>>1397404
says who?

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>>1397404
>tfw not born in the pleb class

I have a million DOGE

Eh, it's ok. I really only need enough to live off of and some leftover for some small hobbies.

Implying a million is all that much. I'll never have it in cash money, no, but a million in assets isn't that impressive.

>>1397404
Try harder

>>1397404
I think that's more than a million dollars

>also tfw not born in pleb class

c:

>>1397435
prove it

>>1397482
This. People who are in their 20s and 30s now will need well over a million in net worth by the time they are ready to retire if they want to live comfortably.

>>1397511

This too. The first row alone are about 300k

>>1397482
>>1397573

It's great to have that in your account if you're in your 20s or 30s. Still early enough to milk out the 7-8% average real returns expected from the SP500.

If you have money you can make more money with your money so that you don't have to worry about money

>>1397587
Yeah, if you have a million bucks before you're 35, you're in good shape. I just object to OP's claim of "More money than most of you will ever have in your entire life." When I'm 60, being a millionaire should be very common.

>>1397404
I usually keep mine in an account.
The only time I stack it up like that is to buy ho's, guns, or drugs.
Or when someone wants to take pictures.

>>1397592
>When I'm 60, being a millionaire should be very common.

Aren't a surprising number of households, like 1 in 30, already millionaires?

And that shit's exponential for anyone close.

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I'll have a good chunk once my lovely parents pass away

>>1398167
in this boat too desu
>tfw i realize my parents have probably over 4mil net worth

>>1398167
>>1398289
>what is inheritance tax

>>1397573
I thought you only needed like $500,000? Wou'dn't that return enough per year to cover bills considering your house and shit is paid for?

>>1398296
>"In Canada, there is no inheritance tax"

>>1398303
depends on cost of living and returns
at 5% per year thats only 25k, depending on where you live thats possible

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>>1398303
Only if you want to live alone and single. To maintain a decent lifestyle you'll need way more than $1 million.

>>1398315
>>1398305
great so I guess I have to eiher be a frugal dutchmen or work til I'm 60. fuck

>>1398296

Just scrolling by and your idiotic post caught my attention. The inheritance tax only starts to kick in at 5.45 million dollars (the number is a bit higher for families who own farms).

So if the anon you are responding actually inherited 4 million he would not pay a single dime in taxes.

>>1397404
cool

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>>1397404
Even though those are only $50 bills, that is much more than $1 million. You can fit $1 million in a briefcase or in 2 briefcases if you only have $50 bills.

>>1398367
>>1397579
>>1397511
You guys are retarded. Its $1 million. Its a display in a casino in Vegas.
$5,000 a band x 8 rows high x 5 rows across x 4 walls is 900,000. Another 40 bands to cover the hole in the middle
>>1398367
You are especially retarded as those are clearly benjamins

i want /r9k/ to leave

7 % return.
3 for taxes.
2 for inflation.

2 % of actual honey.

10 million is the new million.
100 million is the new jet set rich.

>>1397404
>I could make that much money in 5 seconds

>>1399360
>i make this much a day off interest in passive BTC investments

>>1398167
I'm on track to inherit something like 3 million in properties and 2-3 million in other assets when my parents die.

I'd rather have my parents desu. I'm not looking forward to it.

>>1398367
>Benjamin Franklin on the 50$ bill
found the poor fag who has never seen 100$ bill before

>>1397511
looks about right to me

>>1397404
>25k for 40 years

Ya not that hard to make in a lifetime, op.

>>1397404

Not impressed with the FRNs. Show me $1 million in GOLD...

>>1397404
>1m USD
>a lot of money

>>1400968
it is tho

>>1400975
If you're 25, sure. But any career-man could become a millionaire in his 40's if he saves properly.

>>1401019
1 million dollars is a lot of money no matter how old you are

>>1401030
1 million dollars today is chump change if you are not retarded. Even poorfags can get 1 mil if they save.

>>1401035
ok moneybags im sure you have a few billion in the bank ;^)

>>1398333
Maybe he's not American. It depends on the country.

Here in France the inheritance tax kicks in at €100,000.

And, for example, you'd pay 38% on a €4,000,000 inheritance (coming from your father or mother, otherwise it's up to a flat tax of 60%).

>what if your dad set up a trust or a foundation lol
60% tax.

>>1397404

My parents are millionaires (about 8 million dollars combined). Therefore, when they pass away which hopefully won't be anytime soon I will probably inherit most of that. Plus they are paying my way through grad school so I will have a job in the medical field doing something I like with a 6 figure salary. I really can't complain.