America's Retirement Wealth Divide: A Reality Check The notion that a $1.
46 million nest egg is key to a comfortable retirement has been touted as the "magic number" by many Americans, including those in the financial industry. However, this figure is largely a myth for most people.
According to a Northwestern Mutual survey, only 4. 6% of households have assets over $1 million. Furthermore, just 54. 3% of U. S. households even have retirement accounts.