Millionaire$~ 10 million of them

[Midpack]

So according to this at a typical ER age of 55-60 one needs to have assets of over $3M just to get into the top 5%. Ouch.

Don't worry, that'll change with the next big market correction.

 

[eta2020]

Don't worry, that'll change with the next big market correction.

Yea but after recovery from that correction they will need 4 million

I look at charts and long term they seem to be going up.

 

[RunningBum]

So according to this at a typical ER age of 55-60 one needs to have assets of over $3M just to get into the top 5%. Ouch.

Well, you could work longer to get there, if that's important to you. My goal is to be safely FI. I don't really care what percentile I'm in.

 

[Fred123]

So according to this at a typical ER age of 55-60 one needs to have assets of over $3M just to get into the top 5%. Ouch.

Competitive bunch here! Really, why does it matter where you stack up as long as you have enough?

 

[Midpack]

Well, you could work longer to get there, if that's important to you. My goal is to be safely FI. I don't really care what percentile I'm in.

Competitive bunch here! Really, why does it matter where you stack up as long as you have enough?

Because you can never know if you have enough. "Safely FI" is a personal judgement based on probabilities, not a guarantee.