Perhaps the BEST B1G Forum anywhere, here at College Football Fan Site, CFB51!!!

It really is stunning, and I think is the underpinning of a lot of US economic growth during that period.  Instead of sending dollars out, we kept them internally, mostly.

Without it, we'd probably have $5/gallon gas today.

Charles Schwab's annual [color=var(--accent-foreground-rest)]Modern Wealth Survey[/url] released this week found Americans now believe it takes a $2.5 million net worth on average to be considered wealthy in 2024, up from $2.2 million for the past two years. [/font][/size][/color]

For a student or person struggling, a million sounds wealthy, I suspect.  For someone with fair means, it probably sounds "OK".  For a person with $10 million, it probably sounds "poorish".  There are likely a lot more folks in the first group than the last giving opinions.

We did this poll around here and I think hit on $5 million, or so, as opinion here, I'd guess most of us are doing fairly well.

I think one can retire fairly comfortably with a net worth of $2.5 million IFF one is 65 or so.

$2.5M at 65 is one thing.

At 50 it means you're probably still a working stiff.

How much does insurance cost once you retire?

At 50 it means you're probably still a working stiff.

Edit To Add: Especially if you have two high school kids about to enter college... 

How much does insurance cost once you retire?

My cost is unusually low, $134 a month for some Medicare Plus kind of policy, from work (it covers us both).  They take something out of my SS for Medicare, a few hundred, maybe $170.

My coverage seems to be solid though I've been healthy enough not to use it much.  My wife uses it more and she says it's good coverage.

I personally feel "comfortable", as "we" like to say.  I noted my IRA crested a number I never thought I'd see and then the "Kamala Crash" happened, and I pulled some out to pay bills, and now it crested that figure again today.  

For me, being "comfortable" means I'm not going to see a bill that stresses me and we can do "stuff" we want to do without worrying, but it is far short of paying for Delta One tickets etc.  I'll stay in Comfort seats.  Our cruises take a chunk, but manageable.