This is what $1 million in cash looks like

Firespawn
Firespawn

This is what $1 million in cash looks like. More money than most of you will ever have in your entire life no matter how hard you work.

Stupidasole
Stupidasole

says who?

whereismyname
whereismyname

tfw not born in the pleb class

Sir_Gallonhead
Sir_Gallonhead

I have a million DOGE

lostmypassword
lostmypassword

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

Deadlyinx
Deadlyinx

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.

StonedTime
StonedTime

Try harder

ZeroReborn
ZeroReborn

I think that's more than a million dollars

also tfw not born in pleb class

c:

cum2soon
cum2soon

prove it

Gigastrength
Gigastrength

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.

PackManBrainlure
PackManBrainlure

This too. The first row alone are about 300k

Evilember
Evilember

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

SniperWish
SniperWish

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.

JunkTop
JunkTop

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.

JunkTop
JunkTop

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.

Fuzzy_Logic
Fuzzy_Logic

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

viagrandad
viagrandad

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

w8t4u
w8t4u

what is inheritance tax

likme
likme

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?

kizzmybutt
kizzmybutt

"In Canada, there is no inheritance tax"

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

PackManBrainlure
PackManBrainlure

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

Evilember
Evilember

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

LuckyDusty
LuckyDusty

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.

PurpleCharger
PurpleCharger

cool

Garbage Can Lid
Garbage Can Lid

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.

Soft_member
Soft_member

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
You are especially retarded as those are clearly benjamins

likme
likme

i want /r9k/ to leave

CouchChiller
CouchChiller

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.

BunnyJinx
BunnyJinx

I could make that much money in 5 seconds

CouchChiller
CouchChiller

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

Fuzzy_Logic
Fuzzy_Logic

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.

Nude_Bikergirl
Nude_Bikergirl

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

Garbage Can Lid
Garbage Can Lid

looks about right to me

DeathDog
DeathDog

25k for 40 years

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

SomethingNew
SomethingNew

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

iluvmen
iluvmen

1m USD
a lot of money

Poker_Star
Poker_Star

it is tho

Fuzzy_Logic
Fuzzy_Logic

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

Stark_Naked
Stark_Naked

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

Garbage Can Lid
Garbage Can Lid

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

SomethingNew
SomethingNew

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

massdebater
massdebater

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.

likme
likme

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.

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