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8 Worst Things About Being a Millionaire

Kiplinger Logo By the editors of Kiplinger's Personal Finance of Kiplinger | Slide 1 of 9: <p>Who wants to be a millionaire? The more intriguing question would be, “Who doesn’t?” For most people, a million smackers conjures up images of vacations on the Riviera, Arabian racehorses, and mattresses stuffed with freshly ironed $20 bills.</p><p>But being a millionaire today isn’t all it’s cracked up to be. At today’s low interest rates and high cost of living, a million bucks in the bank doesn’t necessarily mean you can retire at 35, 45 or even 55. What’s worse, today’s million dollars comes with all the burdens of wealth: greedy relatives, rapacious lawyers and grasping investment advisers.</p><p>What’s so bad about feeling flush? Read on.</p>SEE ALSO: <a href="http://portal.kiplinger.com/slideshow/investing/T023-S002-time-tested-tactics-to-build-your-wealth/index.html">70 Time-Tested Tactics to Build Your Wealth</a>

8 Worst Things About Being a Millionaire

Who wants to be a millionaire? The more intriguing question would be, “Who doesn’t?” For most people, a million smackers conjures up images of vacations on the Riviera, Arabian racehorses, and mattresses stuffed with freshly ironed $20 bills.

But being a millionaire today isn’t all it’s cracked up to be. At today’s low interest rates and high cost of living, a million bucks in the bank doesn’t necessarily mean you can retire at 35, 45 or even 55. What’s worse, today’s million dollars comes with all the burdens of wealth: greedy relatives, rapacious lawyers and grasping investment advisers.

What’s so bad about feeling flush? Read on. (Click through the slideshow)

SEE ALSO: 70 Time-Tested Tactics to Build Your Wealth
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