How Many People Retire With $1 Million or More in Their Retirement Account? The Number Might Surprise You
Many Americans dream of retiring with a million-dollar nest egg —Americans in general think you need about $1.5 million to retire—but the reality is starkly different.1 Using figures from the U.S. Federal Reserve's Survey of Consumer Finances (updated to 2022 but released in 2025), only about 2.5% of all Americans actually have $1 million or more saved in their retirement accounts—a figure that might shock anyone used to seeing financial media and their depictions of average Americans amassing enormous portfolio gains in recent years. Follow link to read more from Investopedia. https://www.investopedia.com/a-million-or-more-in-retirement-accounts-11744773