Right. The term millionaire lost its original meaning and nothing new has replaced it. Even if we go back to the 1820s when the term was coined, the inflation rate hasn’t been nearly high enough for billionaire to work.
Decamillionare is probably about right but it’s a mouthful.
1 million at a safe withdrawal rate of 4% is $40,000 a year. Portland, Oregon in the US is somewhere around the 20th most expensive city to live in. You could survive in Portland on $40k/year but not exactly in some enviable lifestyle.
Maybe if you want to be a millionaire at 25, but a career is longer than three years.
If you start at $150k, get a raise to $250k within 3 years, and $325k by 6—-$1 million net worth should be very very achievable before retirement.