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Reply to "Top 1% of Retirees Have 16.7M"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Of course the top 1% have this much. I wouldn't have expected anything lower this is America after all lol[/quote] Yes, shocking, the rich manage to save money. And then use that money to make themselves richer. That is what smart people do. [/quote] Very true! We lived very comfortably but well below our means and always saved as soon as we got married. Aggressive saving and compounding is a beautiful thing. We are now retired and last year our interest and dividends alone were around $850k. Every college student should be required to take a financial planning course that deals with saving and investing. [/quote]
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