The Game with Alex Hormozi A Million Dollars Is Not Enough | Ep 995
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Jan 22, 2026 Rethink your financial goals as inflation diminishes purchasing power. A million dollars today won’t buy you as much in the future, so aim higher—consider aiming for $24 million. Increase your income rather than focusing solely on savings, and understand the true cost of present purchases. Invest in skills for high returns; spending $2,000 on skill development can unlock substantial future income. Live lean, allocate a learning budget, and accumulate skills as appreciating assets to ensure financial growth.
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Nominal Targets Mislead Retirement Planning
- A million dollars in today's terms will buy far less in 50 years due to inflation and dollar devaluation.
- Plan targets in future dollars, not today's nominal amounts, to preserve purchasing power.
Prioritize Increasing Income
- Increase your income rather than only obsessing over cutting expenses to grow investable cash.
- Small extra earnings now compound massively over decades, so prioritize growing revenue sources.
Cut Recurring Consumption Leaks
- Stop overspending on depreciating luxuries and recurring payments that drain long-term wealth.
- Treat visible short-term consumption like long-term investments foregone and cut unnecessary bills.
