Do You Qualify as a 'Rich' Retiree? Net Worth and Income Insights

Reported 3 months ago

To be in the top 10% of wealthy retirees, you need a net worth around $1.9 million, which increases with age. While average retirees might earn about $75,000 annually, top earners bring in approximately $200,000 through diverse income sources like investments and real estate. Wealthy retirees often maintain a balanced portfolio focused on growth, indicating that achieving financial security in retirement requires strategic planning and multiple income streams.

Source: YAHOO

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