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JT45242

(3,137 posts)
4. Iowa
Tue Jan 28, 2025, 08:09 AM
Jan 28

But just having a match of 3-4 percent and compound interest on a 401k would make that 500k number reasonable. As a teacher it was a higher percentage of money well below median family income for twenty years.

Median family income in Minnesota is 90k. So. Yeah that net worth seems low. I believe the low number is correct , I think the higher number is higher. That 400k number is likely a median not the top ten percent.

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Those numbers feel wonky to me JT45242 Jan 28 #1
What state are you in? OldBaldy1701E Jan 28 #2
Iowa JT45242 Jan 28 #4
I am not trying to argue with you, but... OldBaldy1701E Jan 28 #5
I thought the same thing Lulu KC Jan 28 #6
And it is just getting worse. OldBaldy1701E Jan 28 #3
Latest Discussions»Region Forums»Minnesota»Richest 1% of Minnesota f...»Reply #4