View Single Post
Old 12-26-2017, 12:19 PM   #38
thinkxingu
Senior Member
 
thinkxingu's Avatar
 
Join Date: Jul 2014
Posts: 6,400
Thanks: 1,179
Thanked 2,128 Times in 1,317 Posts
Default

Quote:
Originally Posted by Major View Post
There are different surveys out there, but 86-88% of "millionaires," those individuals having a net worth greater than $1,000,000, did not inherit their money, but earned it. I know this is true for relatives in my family.
There's a sizeable difference between "inheritance" and "starter loans/parental help," etc. There is also a sizeable continuum for "earned" success, however, given the nature of one's birth lottery.

Sent from my Moto G (5S) Plus using Tapatalk
thinkxingu is offline   Reply With Quote