A Birthday Invitation Inside the Astrodome; Houston’s Growing Multi-Millionaire Population

Demolition of John West Wellness Center, 2247 San Felipe St., Houston

Photo of demolition of John West Wellness Center, 2247 San Felipe St.: Swamplot inbox


3 Comment

  • Re: increase in amount of millionaires.
    It may also have something to do with the fact that a million dollars is not what it used to be. Most people earn several million dollars in their lifetime (and spend). You can’t buy a house in any of the top tier neighborhoods in Houston for a million. And you can’t retire on a mere million dollars anymore due to longer life expectancy, property taxes, and projected cost of healthcare.

  • The average college graduate will not earn more than a couple million dollars over the course of a working life. Assuming ownership of a paid-off house in a median-value neighborhood, I’d gladly take the challenge of retiring on a million-dollar portfolio. Of course, we all have different ideas of what a “retired” lifestyle looks like.

  • I sure hope I have more than a million dollars saved up when I retire. Hopefully several million.