cover of episode 573. Is $4 Million Enough? Community Episode

573. Is $4 Million Enough? Community Episode

2024/10/31
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Earn & Invest

Chapters

The discussion begins with the question of whether $4 million is enough to retire, based on a Benzinga article. The panelists explore the perception of this amount and how it compares to actual savings and retirement needs.
  • Most people are curious about how their savings compare to others.
  • Data shows that having a net worth of $4 million places you in the top 3% of American households.
  • The article highlights the disconnect between perceived retirement needs and actual savings.

Shownotes Transcript

Join us with Rikki Racela and Joe Saul-Sehy to discuss a Benzinga article which questions whether four million dollars is enough to retire. Although mean net worth is no one near this number at retirement age, many have identified four million as a magical number to strive towards. Should they? Today, we answer this question.

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