+2 I am wondering as I read these posts if we on this forum are losing touch with the real world. There are plenty of people retiring with far less and I am failing to see misery in their lifestyle.
Go ahead and celebrate! Just don't spend any money
I'd actually feel uncomfortable celebrating when I hit $1M, because I'd worry that it would feel like bragging to my friends, and rubbing their noses in it.
One of my best friends is a teacher, and hadn't had a raise since 2008, until just this year when he got a whopping 1%. He's also worried about making ends meet during the summer, because he set it up so he gets a bigger paycheck 9-10 months out of the year, rather than a smaller paycheck year-round. Still comes out the same at the end of the year, but he always feels the pinch around August. He's trying to land a summer job, with of all places, Primerica, over the summer, to make ends meet.
Then I have another friend who makes about twice what I do, but spends more like it's three times. Whines about money, but then goes and buys a $190 Diesel watch, on a whim.
Then there's my buddy who was laid off in 2002, and again in 2009. Had to take a job with a big pay cut in 2009. Well, he just got the boot again. Very little equity in his house. Not much saved up in the 401k. Worried about making ends meet.
Got another friend who bought a ramshackle house at the top of the market for around $270k. I doubt if it's worth half that now. He went through a layoff and transfer here and there...makes pretty good money now, but it'll be awhile before he really gets out from under.
I also know plenty of people paying off student loans...some of them are over $100K.
Granted, many of these people made their own beds, so now they have to lay in them. But still, I'd feel guilty celebrating, sort of a survivor's guilt I guess? So, any celebrating I do will most likely be done in private...or this website!