How Many Americans Have Saved at Least $100K for Retirement? It May Be More Than You Think

Data from the Employee Benefit Research Institute indicates that 22.1% of Americans have at least $100,000 saved up. This highlights the challenge in achieving this milestone, as almost 80% of Americans have less than this amount in retirement savings.

When you reach the $100,000 threshold, your net worth tends to increase at a much faster pace due to the benefits of compound interest and investment growth, making it a pivotal point for future retirement savings.

Read at 24/7 Wall St.