Originally Posted by Gumby
And you can calculate what it ain't worth right here. http://www.bls.gov/cpi/cpid1601.pdf
Look at Table 27.
If I compare the CPI at the time I graduated from college and started my working career in June 1981 (91.1) to January 2016 (231.061), I would need $2.54 million now to have the equivalent spending power of $1 million back then.
Here's what I've used in the past for such comparisons. This might make it easier to figure.
CPI Inflation Calculator
For me (my timeframe), I'd need over 5m now to be equivalent to what a million could buy in the early 70's when I started working "full time" after graduation. Of course back then, not many people (in my crowd) ever thought they would be worth a million. These days, I often spend more (not inflation adjusted) on a car than I spent on my first "new" house.