XFLT - Join The 1% By Earning +13%
2024-04-24 07:35:00 ET
Summary
- The top 1% of income earners stash away on average $2.68 million for retirement.
- We can match their retirement income by applying simple income investment techniques.
- You can join them in a retirement of leisure and comfort.
Co-authored by Treading Softly.
Many people are fascinated by the luxuries and lifestyles of celebrities. Numerous media outlets, such as TV shows, award ceremonies, and magazines, are dedicated to documenting their every move. What often fascinates us about them is their complete disconnect from the standard reality of the working American. The vast majority of these individuals have a very high net worth and a high level of income that they don't understand the everyday struggles that you, or I, go through. These top 1% of income earners can often feel like they live in an unimaginable ivory tower. Yet, the average high-income earner, an individual who earns $500,000 or more annually, typically has about $2.68-$3 million saved towards retirement. This means that the vast majority of them have about 5 times more in their retirement account than the average American, who retires with an average savings of $537,000....
Join The 1% By Earning +13%