[otnemem]

[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
[ QUOTE ]
Sure, there could be problems, and you need to be smart and flexible, but it's simply not the case many people can't get through life on $2 million.

[/ QUOTE ]

Especially when you consider that most people don't earn $2 million when working their entire lives.

[/ QUOTE ]
That's not true. The median income in the US is around $45k. That's somewhere around 45 years work to earn $2 million. If you start work at 20 and retire at 65...

[/ QUOTE ]

At a savings rate of -2% or so, how long would it take to save $2MM while earning $45K per year?

[/ QUOTE ]
He didn't say save, he said earn. I took that to mean that most people won't actually make $2 mil at their job in their lifetime. Obviously most people won't save $2 mil in their lives. Most people won't save $100k in their lives.