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Personal Finance Success: Was I Good or Lucky?

Yes, to both. The Good Got a good education and degree with minimum student loan debt. Accepted a good paying first job and advanced over ti...

Saturday, September 06, 2025

Become One of the Millionaires

There are about 25 million adult millionaires in the U.S. out of 258 million adults in 2025.  About 10%.   When I was a kid in 1965, there were about 100,000 millionaires out of 140 million adults. About 0.7%.

When I was a kid, I probably never met a millionaire.   Nowadays, if I meet 10 random adults, it is likely that one is a millionaire.

In 2008, I posted on How to Become a Millionaire.  This is not a get rich scheme.  It requires disciplined saving, compounding interest, and at least a 4% return on the funds.  And it can still work today.

Of course, YMMV.

For more on  Reflections and Musings, check back every  Saturday for a new segment.

This is not financial, saving, or becoming a millionaire advice. Please consult a professional advisor.

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