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report print email Source: Editorial: We need know the facts to solve America’s problems
Definition of a Millionaire
June 08, 2011 | 12:55 PM

A millionaire is someone whose assets (minus the value of their primary residence) is one million dollars or more. If an individual is making $200,000 or more (or a couple making $250,000 or more) odds are that they have accumulated a million or more in assets. Hence, yes, those people are millionaires. It really bothers me when people act as if they're making that much money and are not wealthy. Tell that to the many, many people who struggle just to put food on the table.

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