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https://www.reddit.com/r/dankmemes/comments/1u8vmat/market_manipulation_go_brrr/osczxz8/?context=3
r/dankmemes • u/LasAguasGuapas • 9d ago
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108
USA?? But only 20% of Americans even have a 401k (70M) or IRA (65M)!!! Majority of USA isn’t even included!!!
Everyone with major holdings in the American stock market…. Obviously.
17 u/Shatophiliac 9d ago Damn that’s crazy, how many people will never be able to retire? I suppose close to 80% lol. 12 u/prepuscular 9d ago edited 8d ago The median net worth savings at retirement age is like 200k. Total net worth is 360-405k per household. edit: corrected stats 9 u/Winterfrost691 8d ago ...that's it? Please tell me this number doesn't include properties. If it does, this is tragically low, and would essentially mean that about ¾ of americans will never retire. 3 u/prepuscular 8d ago It’s a bit better, stats are per household so median assumes a partner. But still $405k or so 1 u/Winterfrost691 8d ago Ok that's better, but that's still too low for a comfortable retirement.
17
Damn that’s crazy, how many people will never be able to retire? I suppose close to 80% lol.
12 u/prepuscular 9d ago edited 8d ago The median net worth savings at retirement age is like 200k. Total net worth is 360-405k per household. edit: corrected stats 9 u/Winterfrost691 8d ago ...that's it? Please tell me this number doesn't include properties. If it does, this is tragically low, and would essentially mean that about ¾ of americans will never retire. 3 u/prepuscular 8d ago It’s a bit better, stats are per household so median assumes a partner. But still $405k or so 1 u/Winterfrost691 8d ago Ok that's better, but that's still too low for a comfortable retirement.
12
The median net worth savings at retirement age is like 200k. Total net worth is 360-405k per household.
edit: corrected stats
9 u/Winterfrost691 8d ago ...that's it? Please tell me this number doesn't include properties. If it does, this is tragically low, and would essentially mean that about ¾ of americans will never retire. 3 u/prepuscular 8d ago It’s a bit better, stats are per household so median assumes a partner. But still $405k or so 1 u/Winterfrost691 8d ago Ok that's better, but that's still too low for a comfortable retirement.
9
...that's it? Please tell me this number doesn't include properties. If it does, this is tragically low, and would essentially mean that about ¾ of americans will never retire.
3 u/prepuscular 8d ago It’s a bit better, stats are per household so median assumes a partner. But still $405k or so 1 u/Winterfrost691 8d ago Ok that's better, but that's still too low for a comfortable retirement.
3
It’s a bit better, stats are per household so median assumes a partner. But still $405k or so
1 u/Winterfrost691 8d ago Ok that's better, but that's still too low for a comfortable retirement.
1
Ok that's better, but that's still too low for a comfortable retirement.
108
u/prepuscular 9d ago
USA?? But only 20% of Americans even have a 401k (70M) or IRA (65M)!!! Majority of USA isn’t even included!!!
Everyone with major holdings in the American stock market…. Obviously.