Source link : https://las-vegas-news.com/the-net-worth-that-puts-l-a-retirees-in-the-top-5-based-on-new-data/
Ever wonder if your retirement savings stack up to the wealthy crowd around Los Angeles? It’s a loaded question in a city where million-dollar bungalows are the norm and financial expectations are sky-high. Let’s be real, the cost of living here makes even a comfortable nest egg feel stretched thin.
New data reveals the financial benchmarks that separate the top tier from everyone else. The numbers might surprise you, especially if you’ve been comparing yourself to neighbors driving Teslas or sipping lattes at overpriced cafes. Here’s the thing: wealth in retirement isn’t just about flashy cars or designer clothes. It’s about security, options, and breathing room when expenses start piling up.
The Magic Number for Top 5% Retirees Nationwide
As of 2025, retirees in the top 5% typically have a net worth of $3 million or more, according to financial planning firm Boldin. That figure serves as a national benchmark, though wealth is relative and depends on lifestyle, location, and retirement goals.
The top 5% of net worth in USA in 2025 equals $1,170,000 when looking at all age groups combined, data from The Kickass Entrepreneur shows. The higher $3 million threshold specifically applies to retirees who’ve reached or passed traditional retirement age. Think about it this way: nearly two-thirds of your life has been spent building that wealth through career earnings, investments, and smart…
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Author : Matthias Binder
Publish date : 2025-12-20 08:56:00
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