Only 3% Retire with $1M — Here’s the Real Story

Is $1 million really the magic number for retirement? 💰

In this video, we break down the real stats behind millionaire retirees and uncover why so few people actually reach the seven-figure finish line. You’ll see:

✅ How many retirees actually retire with $1M+ in savings
✅ The difference between average vs. median retirement balances
✅ What Fidelity’s 2024 data shows across Gen Z, Millennials, Gen X, and Boomers
✅ Why geography, income, and home equity matter more than you think
✅ How much you really need to save each year to hit $1M

The truth may surprise you — most retirees fall well short of the “millionaire” mark. But with consistent saving, compounding, and smart planning, reaching $1M is still possible for some.

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Видео Only 3% Retire with $1M — Here’s the Real Story канала Tim’s Money School