What is a Millionaire?

With a bit of inspiration I had from playing a bit of texas hold'em poker last night, I got to thinking about all of the changes which happen to people who stumble upon millions of dollars. According to Wikipedia: A Millionaire is a person who has a net worth or wealth of more than one million United States dollars, euros, UK pounds or units of a comparably valued currency.

But is a millionaire really what it used to be? Partly caused from Inflation, there are many more millionaires in the world today. Can you actually get by without working any more with a million dollars? In the latest Reality Tv show The Amazing Race, Uchenna & Joyce are back to working but a little more modestly in Texas. Or why not look at Survivor Palau, Tom still planned going back to his job as a FireFighter in New York.

What will it really take to retire in this day and age? Certainly the amount of wealth is a goal for many but beyond that is there anything else so exciting about it. Descriptions such as multi-millionaire or billionaire are more on the range of really being ultra rich.

Millionaires are made almost every week with lotteries offering prizes of a million dollars or more. Many lotteries offer prizes of a million dollars or more. According to Forbes' annual list of the richest people published in 2005 there are 691 US-dollar billionaires in the world. But with all these people establishing such wealth, are they really happy. In order to enjoy your wealth, there has to be a form of happiness which actually comes as a result of achieving such status.

Author of the No. 1 bestseller The Millionaire Next Door surveyed 1,371 more millionaires and came up with a book called The Millionaire Mind in a mixture of entertaining elements. Author Thomas J. Stanley provides the reader with a well researched study of wealthy people in the USA. Dr. Stanley's book resembles Regis Philbin's hit show Who Wants to Be a Millionaire, only you have to pose real-life questions, instead of quizzing about trivia.

But is a millionaire really what it is cracked up to be in this day and age? There's only one way to figure out...Read on...I guess you will only know once you reach that stage in your life. Here's to making your dreams come into reality.