CryptoAlchemyMaster
Wed Oct 16 2024
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7 answers
1884
How many people have $5000000 in savings?
I'm curious about the number of individuals who have accumulated a significant amount of savings, specifically $5000000. I'd like to know how common it is for people to have this much money saved up.
Federica
Wed Sep 04 2024
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6 answers
1299
What percentage of people retire with $5000000?
I'm curious to know, what proportion of individuals actually manage to retire with a nest egg of five million dollars or more? Given the complexities of personal finance and the variability in savings habits, I'm wondering if this figure represents a significant minority, a small fraction, or perhaps an elusive goal for most. Is it a realistic aspiration for the average worker, or does it skew heavily towards those in high-earning professions or with exceptional investment strategies? Understanding the prevalence of such a milestone in retirement planning could offer valuable insights into the financial landscape and the challenges faced by those striving for financial security in their golden years.
