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The Average American Household Is Now A Millionaire, But Not The Median

The Average American Household Is Now A Millionaire, But Not The Median

The Financial Samurai Podcast · Sam Dogen, Financial Samurai

October 28, 202315m 35s

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Show Notes

Congrats! The average American household is now a millionaire according to the latest Federal Reserve Consumer Finance Survey. It's good to be average! Alas, the median American household is not a millionaire, which is a better reflection of the average American!

Related posts:

The Average American Household Is Now A Millionaire

The 30/30/3-5 Homebuying Rule

What Millionaires Do:

1) Invest in stocks

2) Participate in their retirement plans

3) Invest in real estate

4) Start and invest in private companies

Investment mention: The Fundrise Innovation Fund that invests in private growth companies in AI, fintech, proptech, and more.

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