Re:Productivity has grown faster in Western Europe than in A...
by hotnfresh on Friday October 06, 2023 @10:14AM
(#37791061)
The difference in the 100k-1m range was a lot smaller than I expected, given the tone of the post.
Guessing the way retirement works in the US is a large part of the difference in net worth and millionaire calculations.
Either way, lots of the difference is sure to be among the elderly (they’re who have any net worth of note, the actually-rich excepted) and you need a whole lot more money in your private accounts to have a comfortable retirement in the US than in the EU.
Guessing the way retirement works in the US is a large part of the difference in net worth and millionaire calculations.
Either way, lots of the difference is sure to be among the elderly (they’re who have any net worth of note, the actually-rich excepted) and you need a whole lot more money in your private accounts to have a comfortable retirement in the US than in the EU.