Episode 414: Checking up on Millionaires in the U.S.

This episode examines three articles from Investopedia. The articles are titled “How many people retire with $1 million or more in their retirement account? The number might surprise you”, “Which generation is the wealthiest in U.S. history, and why?”, and “US added over 1,000 millionaires a day last year – more than elsewhere, UBS says.” These three articles together can give us a very interesting look into what is happening with the millionaire class in the U.S. The boomers continue to be the wealthiest group of millionaires, a lot of millionaires are created each year, on paper, and yet very few people retire with $1 million+ in their retirement accounts. Links to the articles are included below.   

Link: US Added Over 1,000 Millionaires a Day Last Year—More Than Elsewhere, UBS Says

Link: Which Generation Is the Wealthiest in U.S History, and Why?

Link: How Many People Retire With $1 Million or More in Retirement Accounts? The Number Might Surprise You