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Reply to "If you have a net worth of 1.4 million at 44"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Does that include your home? If so, you need to aggressively save. No need for a financial advisor right now.[/quote] +1. If home asset is included you are really behind.[/quote] Behind whom? In what world? Are you delusional?[/quote] A few million doesn’t go far these days. $5M is somewhat comfortable but still need to work.[/quote] On average, Americans between the ages of 40 and 49 have $105,500 in their 401(k)s as of the first quarter of 2023, according to Fidelity Investments data provided to CNBC Make It. However, the median account balance is much lower at $34,100, meaning half of accounts hold more money and half hold less. Get a GRIp [/quote] DMV is no average America. Know where you live. [/quote] Ok, the average balance in the DMV is $220,000 and the median is $105k. Does that change the point made??[/quote] Good context if you are $52k/yr median income earner and feel comfortable. [/quote]
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