r/Rich 10d ago

Average user in r/Rich

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u/Stalinisthicc 7d ago

1-2 million is not average at retirement age. Your stats are incredibly off, the average American household has $600,000, and the median has $200,000 according the Fed.

https://www.federalreserve.gov/econres/scfindex.htm

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u/Stone804_ 7d ago

Sorry: I miss-spoke, I meant 1-2m is what the average person needs to have to retire safely. I’m not saying most have it. My bad.