The average 50-something American is now worth $1.4 million

[AbrahamG]

It’s literally the average cost of a home in Huntington Beach. It’s insane

Nice "humble brag" Coach.   

[WrongAdvices]

But what is their watch collection worth?

[BayGBM]

Only pennies compared to the average Getbigger.  What's a penny?

The average 50-something American is now worth $1.4 million

The average 50-something American has a net worth of $1.4 million, according to a report from Empower, the financial services firm. The average 60-something is worth $1.6 million.

Didn’t really need a “report” to tell us this; anyone paying attention could have done the math and drawn the same conclusion.  Most of it is real estate and retirement accounts; so how is this news?

[IroNat]

No Getbigger is average.

[ilalin]

-I was a billionaire (RSD) as an 18 year-old. It didn't matter, I was poor as a church mouse.
-An ounce of gold is worth $5,000.00 now. This year it might go much higher.

get my gist?

[loco]

Didn’t really need a “report” to tell us this; anyone paying attention could have done the math and drawn the same conclusion.  Most of it is real estate and retirement accounts; so how is this news?

Without the report from Empower and the federal Survey of Consumer Finances study, how would you know how much Americans have in their retirement accounts and at what age?