Federal Reserve Bank

Here is the minimum net value to make it best of 6 years to 1%

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Here is the minimum net value to make it best of 6 years to 1%

Have you ever wondered how your nest eggs are loading when you almost retire? If you are 60 years old and wonder what you need to get to the impossible 1 percent. According to the Federal Reserve, the average net value of the 60s and the early 70s is $ 266,400. It’s a lot, much … Read more

Are you rich or only the upper middle class? Here’s a net value and income to be considered rich

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Are you rich or only the upper middle class? Here’s a net value and income to be considered rich

Perhaps you live in a 5,000 square meter home at the gate. You are driving a luxurious SUV, every summer you are on vacation somewhere new – maybe Italy, maybe Bora Bora – and swipe the card to Whole Foods, never checking out all. On paper your life looks rich. But you? That’s where everything … Read more