Tuesday, June 16, 2015

Who wants to be a millionaire?

Original post:  Sep 17, 2014

Everyone, it seems.

While it doesn't purchase what it used to (thanks to inflation), it certainly meets an emotional threshold of "rich". Think of all those crazy reality TV shows where people will do just about anything to win that amount of money. It's certainly still a great deal of cash.

This chart from the Economist discusses how long it takes the average person in various countries around the world to earn $1,000,000. Here in the US, we have one of the shortest average paths. Sadly, our neighbors in Mexico have one of the longest average paths.

Millionaire.PNG
Here is the link to the full article:  Daily chart: How long to be a millionaire | The Economist

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