The Average Net Worth of Americans: Where Do You Stand? | Money Relationship
The most fascinating thing that I've found on FIRE, is the wide, wide range of perceptions on the amount of money needed for retirement, or early retirement. $200,000, $500,000, $1, 000,000, $2,000,000... more?Surprising that so many people can have such different needs, and still be sociable and able to interact on the forum.
My farmer friend 82, has (probably) $8 to $10 Million, and lives in his small farmhouse in Illinois, and goes to work in the fields every day, as well as running his small town... one of the happiest people I know. Another friend 65, lives on an acre of land in central Florida, and is now living... happily... on $20,000 in savings, and about $15,000 from SS. He too farms, and eats the produce from his garden.
So the subject of net worth, by age. Interesting to find averages for anything. Income, Savings, Salary, Inheritance, Workman's Comp, etc.
Any philosophical thoughts on these disparities?
The most fascinating thing that I've found on FIRE, is the wide, wide range of perceptions on the amount of money needed for retirement, or early retirement. $200,000, $500,000, $1, 000,000, $2,000,000... more?Surprising that so many people can have such different needs, and still be sociable and able to interact on the forum.
My farmer friend 82, has (probably) $8 to $10 Million, and lives in his small farmhouse in Illinois, and goes to work in the fields every day, as well as running his small town... one of the happiest people I know. Another friend 65, lives on an acre of land in central Florida, and is now living... happily... on $20,000 in savings, and about $15,000 from SS. He too farms, and eats the produce from his garden.
So the subject of net worth, by age. Interesting to find averages for anything. Income, Savings, Salary, Inheritance, Workman's Comp, etc.
Any philosophical thoughts on these disparities?