The Financial Samurai Podcast

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

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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.  If you enjoyed this episode, please rate, review, and subscribe! Every review makes a difference. Join 60,000+ others and sign up for my free weekly newsletter so you never miss a thing. You can also get every post I publish immediately in your inbox by signing up here.