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   From: bax02_spamblock@baxcode.com   
      
   a425couple  wrote in   
   news:PiU1R.160904$79B9.28240@fx14.iad:   
      
   > from   
   > https://finance.yahoo.com/news/guess-percent-retirees-1-million-1801055   
   > 50.html   
   >   
   > Can You Guess What Percent of Retirees Have $1 Million Saved? Here's   
   > The Average Net Worth Of People 65 and Up   
   >   
   > CoreWeave stock rallies, DraftKings launches prediction marketScroll   
   > back up to restore default view.   
   > Ivy Grace   
   > Sat, December 20, 2025 at 10:01 AM PST 4 min read   
   >   
   >   
   > 79   
   > The idea of retiring with a $1 million nest egg has been sold as the   
   > finish line for decades—but for most retirees, that number is out of   
   > reach.   
   >   
   > Data from the Federal Reserve's Survey of Consumer Finances, shows   
   > that only 4.7% of Americans have at least $1 million saved in   
   > retirement-specific accounts such as 401ks and IRAs. Just 1.8% have $2   
   > million, and only 0.8% have saved $3 million or more.   
   >   
   >   
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   > What Most Retirees Have in Retirement Accounts   
   > Here's how savings actually look for retirees when split by age group,   
   > according to the same Federal Reserve dataset:   
   >   
   > Age 65 to 74   
   >   
   > Average retirement savings: $609,230   
   >   
   > Median retirement savings: $200,000   
   >   
   >   
   > Age 75 and over   
   >   
   > Average retirement savings: $462,410   
   >   
   > Median retirement savings: $130,000   
   >   
   >   
   > While those averages may seem comforting, the median reveals the   
   > reality most people face. Half of retirees 75 and over have less than   
   > $130,000 saved—a figure that doesn't stretch far when you factor in   
   > rising medical costs, inflation, and daily living expenses.   
   >   
   > In fact, according to Fidelity, older Americans should aim to have   
   > around 10 times their pre-retirement income saved by age 67 to   
   > maintain their standard of living. The gap between that target and   
   > actual savings underscores why many retirees are left navigating tough   
   > financial choices.   
   >   
   And this is all buy design by billionaires.  The poorer YOU are, the   
   richer THEY are.   
      
   --   
     @..@   
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   United we ribbit, divided we croak   
      
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    * Origin: you cannot sedate... all the things you hate (1:229/2)