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Photo Credit: Getty Images
Remember when you were a kid, and the classic money goal was: "I want to be a millionaire." Well, good news: The average American in their 50s now has a net worth of $1.1 million to $1.4 million.
That's true, although it's heavily skewed by SUPER rich people. Most people are not average. They're either millionaires many times over, or they can't afford to keep Disney+. The MEDIAN net worth for Americans in their 50s is about $300,000, and that includes property and retirement accounts.
So, since having a million dollars is complicated, a new survey asked people what they'd need to say they financially "made it" in life.
The #1 answer was being "financially independent," and not having to rely on others for money. The average American says they need to make at least $94,000 a year to feel financially independent.
Other popular responses were:
*Moving up in your career
*Settling into a job that you love
*Making a certain amount of money
*Not having to work at all
*Being able to spend and pay bills without worrying about money.
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