Reply to why do so few people have two million dollar 401ks/IRAs?

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[quote=Anonymous][quote=Anonymous]Lololol! the vast majority of working americans DO NOT have access to a 401k account and of those the vast majority of those workers live paycheck to paycheck.

As someone who has a HHI of 700k/yr, even I am acutely aware of how financially hard life is for many of my fellow Americans. I have shocking news for you, the average income in the US is 40k/yr and the poverty rate is 11% with many many many people living just above that. For the love of god people die in this country because they can’t afford medical care. You think that can afford to save millions? They can hardly afford to buy a pack of chicken legs and a gallon of milk. [/quote]

and what are you doing about it? My neighbor for instance has a scholarship to send a kid to University of Maryland every year. He felt guilty at his level of income sending his kids to school when others cant afford it. He has been doing it 30 years. So paid 30 poor kids college education. He has at all time 4 kids in college that are not his own. He is now like 75 been doing it since he was 45.

I wish I was him. I dont have that type of money. But I bet he will have a lot of people at his funeral. He also paid his kids college education and plans to pay all his grandkids college education. He has a grandchild in Columbia Medical School right now he is paying.

Funny part he owns no property and no cars. He lives with his Son and Daughter in law even though he is super rich. He just focuses on giving it away.       [/quote]

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