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Reply to "Top 1% of Retirees Have 16.7M"
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[quote=Anonymous][quote=Anonymous]99th percentile of retirees have $16.7M of wealth. 95th percentile of retirees have $3.2M of wealth. 90th percentile of retirees have $1.9M of wealth. https://finance.yahoo.com/news/super-wealthy-retirement-looks-savings-095900179.html Does this change the way you think in terms of how much you need to save to retire?[/quote] This is eye opening because my spouse and I are in the 95th percentile based on pension plus value of home, even though I consider us "behind" on 401k savings. I don't think it changes our calculus in terms of when we retire or how we are going about it, but it is reassuring to know we aren't as far behind as I thought.[/quote]
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