Thread: The Dive
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Old 08-05-2021, 09:46 AM   #190
FlyingScot
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Quote:
Originally Posted by John Mercier View Post
I guess that would be how you define ''rich''.
The latest Federal Reserve study has Americans moving the bar down from $2.4 million in networth to $1.9 million in networth.

Or is it more like this...
https://www.thekickassentrepreneur.c...-to-get-there/
This is a really good article--the AAW tool is very cool (though it does not take a genius to know this guy's overspending, haha)

Even if times are tough, everybody over age 25 or so should be saving 10%/year to avoid an unpleasant reality at retirement (easiest way for most is employer's 401K)
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