For reference, the median of millennial net worth is $135,600. The true geometric average of millennial net worth is actually $549,600 - but that number is heavily skewed by outliers like Mark Zuckerberg. So, what that means is, if you want to be "better" than average, the 50% mark ...
Families with average net worth actually have much more than most retirement-age Americans.Another measure that's useful for comparing the wealth of retirees is themedian, or midpoint. So half of the families have more net worth than the median, and half have less. The median net worth of ...
While many Americans struggle to save forretirement, elected representatives and senators in the United States Congress receive substantial pension benefits for life. Though Congressional retirement pay is not typically a big election-year issue, it might serve as evidence of a disconnect between la...
We boomers were never average. However, here are 10 exceptional tips for the transition to retirement that apply to us all. Read now...
There are manyways to save for retirementand work on a long-term budget to retire on time. 19. Emergency fund Budgeting enough to save up three months’ worth of expensesas an emergency fundcan help see you through tough times. The average American household spendsnearly $73,000 per year,...
Later, their busy schedule leaves them drained at the end of the workday. That means once they go to bed, they are certainly beyond tired. However, this tactic might not be the best fit for everyone. Certainly, not every CEO has the same monthly income, even if they too follow a ...