Old School vs New School Incomes
Let’s take it back to the 1970s. The median income back then?
Just $4,100 a year.
Compare that to today: the median income now sits at $90,000.
Yes — things cost more today. Yes — the cost of living feels wild.
But when you compare incomes across time, the numbers tell a powerful story.
How Long Would It Take to Earn $1 Million?
- On a $90,000 income, it takes just over 11 years to earn a million dollars.
- On $4,100, it would take a staggering 243 years to hit that same mark.
So here’s the question:
If you’re earning $90,000 or more today — what are you doing with your million dollars?
You Can Save More Than Ever Before
Let’s be real. Life’s expensive — no doubt about it. But today’s young earners also have more tools, access, and opportunity than ever before to save big and win early.
Here’s a scenario:
- You’re in your 20s
- You’re earning well
- You choose to move back in with your parents or share a place to reduce expenses
- You decide to get serious about saving
You could realistically stash away 50% of your after-tax income — that’s around $35,000 in a year.
That kind of saving power didn’t exist for someone earning $4,100 back in the day.
Sacrifice Creates Momentum
Here’s what it takes:
- No UberEats
- No daily Ubers
- Delete the apps
- Cut the holidays
- Skip the gadgets
- Cancel the subscriptions
Just hustle and grind.
That’s what financial discipline looks like.
Young Guns Are Winning Big
At Teach Me About Property, we’re seeing it firsthand. The youngins who are committed are crushing it.
- Our top young student saved 88% of their after-tax income
- It’s common to find students in their 20s saving 50% or more
These are real numbers. Real people. Real results.
Stop Blaming Cost of Living
To all the Gen Zs and millennials out there:
Stop using cost of living as an excuse.
If you’re serious about getting ahead — about buying your first home and building wealth — then today is the best time in history to do it.
You’ve got:
✅ Higher incomes
✅ More access to information
✅ Better saving strategies
So stop waiting.
Final Word: Your Million Dollars Is in Your Hands
If you’re focused, disciplined, and willing to cut back for a while — you can hit the top of the mountain.
It’s not about blaming the system. It’s about owning your choices.
