Retirees average almost $288,000 in net worth, a number that helps you gauge how your finances compare. The most recent data from the Federal Reserve’s Survey of Consumer Finances shows that retirees ...
See how Americans ages 65–74 compare in terms of net worth, retirement savings, assets, and debt—and what those numbers reveal about financial security in retirement.
AOL: How Your Wealth Stands Against Today’s Retirees and What That Means for You
How Your Wealth Stands Against Today’s Retirees and What That Means for You
The most common abbreviation is a pseudo-metric abbreviation, where the "M" in $1M (or $5M or $10M) stands for million. This follows the use of "K" (kilo) as an abbreviation for thousands.