[quote=flyer]Interesting article AN. If there are more millionaires than 10 years ago, that might be relative to the fact that there are also more people in the workforce, so the “net” might be about the same.
The section on “Millionaire Status Fleeting” was my favorite part of the article, and so very true. Many who are millionaires at 40 are not able to sustain that status for the balance of their lives–which is what really matters.[/quote]I was under the impression that you’re talking about total number of millionaires and not a % of the the population. However, even if you’re talking about % of the population, the number of millionaires went up by 38% over that 10 years. I highly doubt our population went up 38%. so the % of the population who are millionaires have to be higher.
I’m not surprise by the “Millionaire Status Fleeting” section. It’s always easier to make money than keep money. But the amount of millionaires are increasing, which means although it might be harder to keep the millions than make them, there are more people who make millions than those who lose them.
