This is a fair enough answer, assuming you saved for retirement.

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Jul 31, 2020
11:02:32am

OPINIONS Truly Addicted User

Though most 70 year olds I know have very very little saved up. And I think that trend tracks for most.

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OPINIONS

Previous username: sheriffcreg
Bio page: OPINIONS
Joined: Aug 25, 2011
Last login: May 3, 2024
Total posts: 21,439 (6,811 FO)

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Messages

Author

Time

POLL: Is inheriting over $1M a life-changing amount of money?

OPINIONS

7/31/20 10:53am

Depends. If you are Warren Buffet, then probably not

CBaass

7/31/20 10:54am

If you already have $10 million, no.

SandYFan

7/31/20 10:54am

all on red baby!

Agnostic-alumni

7/31/20 10:54am

What you got against sunburned infants?

LiveCoug

7/31/20 11:04am

If you already owe $10 million, no.

Sea Chicken

7/31/20 10:55am

For 99% of people in the world, it is

El Paso Coug

7/31/20 10:56am

I'd say 99.99999%, but OK

CommodoreCoug

7/31/20 12:02pm

I think for me, at this time in my life, the "life changing" would be around

cougaman

7/31/20 10:56am

Wow. A dude could probably pay off his student loans with that kind of money

Slim

7/31/20 10:57am

Also depends on age

webster242

7/31/20 10:58am

This is a fair enough answer, assuming you saved for retirement.

OPINIONS

7/31/20 11:02am

Agree

DC12

7/31/20 11:24am

Right now it would be--but not when I'm 60

DC12

7/31/20 11:26am

It should be enough to be life changing.

gangbusters

7/31/20 11:02am

My parents inherited $750k and it was fairly life-changing. They were 60 and

Bro

7/31/20 11:09am

I plan on blowing way more than $750k between the age of 60 and the time I die.

Sea Chicken

7/31/20 11:27am

Freaking wealthy CBers

TNT

7/31/20 11:29am

RE: Freaking wealthy CBers

Sea Chicken

7/31/20 11:34am

They have more than that saved, but the $750K helped them reach their goal.

Bro

8/7/20 1:16pm

Seems like the question should be as much what life changing means as how rich

CougaRR4L

7/31/20 12:01pm

It is only if you spend it. Otherwise nothing changes.

ToasterChive

7/31/20 3:30pm

How much would you get after government takes there share?

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