How Much Does the Average Rich Person Have in Savings?

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Heres how the richest Americans compare with the rest.

Also see things the wealthy are doing that you should be doing too.

The most recent survey released lists the numbers for 2022.

That is an increase of 39.2% in 12 years.

Income for the richest Americans has grown almost three times as fast as that of the poorest.

So how much do the richest Americans have in their accounts?

It turns out, unsurprisingly, more than everyone else.

Heres how the averages break down.

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Thats around 29% of what they make in a year.

The Survey of Consumer Finances records how much money Americans have in financial assets.

Heres how much savings Americans have, based on percentiles.

However, small, consistent efforts can lead to substantial results over time.

have a go at set aside a small amount of money every week to save or invest.

Rounding up tools can be a great way to set aside money.