> The “median” 50-something – imagine the middle number in a long list of numbers – is worth a more modest $192,964.
This is the average including and heavily impacted by super high net worth individuals. If you are in your 50s and dont have a million bucks like most dont you are not really behind.
The average 50-something is worth about $1.4 million, according to Empower. But that’s a mathematical average, and the super-rich drive the number way up.
The “median” 50-something – imagine the middle number in a long list of numbers – is worth a more modest $192,964.
"So yeah, just a wee bit sensationalism in that headline.
elbci•1h ago