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Can You Guess How Many People Retire With $1 Million Saved? Hint: Way Fewer Than You Think [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
According to the Federal Reserve's latest Survey of Consumer Finances , just 4.7% of households with retirement accounts have $1 million or more stashed away. And if you're talking about $2 million? That number drops to 1.8%. By the time you hit $3 million, we're in unicorn territory—only 0.8% of retirement savers have that much. Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — this is your last chance to become an investor for $0.80 per share. Peter Thiel turned $1,700 into $5 billion—now accredited investors are eyeing this software company with similar breakout potential. Learn how you can invest with $1,000 at just $0.30/share. So how much do most people actually have ? Among households led by someone between 65 and 74, the average retirement savings is around $609,230. Sounds decent, until you realize the median is only $200,000, meaning half of households have even less than that. For those over
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