On: Where did your middle-class customers go?

[unshift]

> In fact you can make yourself a fairly decent retirement for a latte a day.

not really. $3 * (40*365) = $43,800. in order to save $1M over 40 years, you need to save $2083 a month. and $1M is not a glorious retirement.

[ScottBurson → unshift]

You're forgetting the magic of compound interest. At 5% annually, $3/day comes to more like $137k. For $1M you need to save $655/month at 5%.

[orijing → unshift]

You forgot that your wealth compounds.