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Reply to "How many 55yo that you know in DMV have $3M+ NW?"
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[quote=Anonymous]See also this article: https://finance.yahoo.com/news/guess-percent-people-retire-3-203017978.html “Let's start with the numbers. According to the Federal Reserve’s 2022 Survey of Consumer Finances, the average net worth of an American household hovers around $1.06 million, but that includes home equity, which isn't exactly liquid. The median net worth? Way lower. Most people aren't even in millionaire territory regarding cash savings, let alone $3 million.”[/quote]
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