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Fed says only 3% of retirees have $1M saved! | How the 3% got there

Debt Free with Natalie 779 2 months ago
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Let's walk through a few tips on how millionaires got that millionaire status. A millionaire is someone who's net worth is $1m or more. I watched a video from Erin Talks Money and she was giving some facts about retirees. Here's some of the info she shared, and you should check out her video below. These are things you should know, and do. Living debt free is true freedom. "Invest in yourself today so you can make a difference for others tomorrow." Erin Talks Money: https://youtu.be/hViZBkzDjAo?si=Q3p74qvXPq_OuPHv The Harris Group: https://www.theharrisgroupllc.com/ Ramsey Solutions: https://www.ramseysolutions.com/ mentions: @DaveRamsey @ErinTalksMoney 00:00 Intro 00:45 Federal Reserve says 3% have $1M saved 01:31 Money and Marriage 02:26 Importance of 401K 04:39 401K example 05:46 Savings rate of 23% 07:14 Life long journey 10:06 Notable Mnetions 10:46 Outro #life #youtube #money #subscribe #finances #bills #budget #moneytips #startnow #retirement #millionaire My other channel: @NattysCrafts "Live like no one else so that later, you can live like no one else." -Dave Ramsey

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