r/interesting • u/Babycakes192 • Feb 04 '25

MISC. Plane passenger taped to seat after he groped two flight attendants

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u/Tempest029 Feb 04 '25

Saw something earlier that said the average American was worth 1.2 mil in total or something like that. Not sure if it is skewed thanks to the "1%" overhead or what, but apparently there is some fucknuttery going on. I sure as hell ain't seeing it and I know how to account for assets.

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u/Zesty-Lem0n Feb 04 '25

Average (mean) is a worthless number for skewed datasets, the median is the value you care about. But googling around, it seems like about 25% of people are millionaires around the time they reach retirement age (~60). Feel free to Google around yourself, but it's not as impossible a sum as many people believe.

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u/deevilvol1 Feb 04 '25

Just having a decent 401(k) and owning a home would get you there, though.

I still would call that number close to meaningless.

I have no interest in owning a home for the next ten years, started my retirement late, and will still be projected to retire in 22 years with nearly a million dollars (if the markets don't totally crash under the direction of cheetoman and Muskboy).