Rich vs Broke: The Savings Gap That'll Shock You

Curious what’s actually sitting in a millionaire’s bank account? Here’s the tea:

The top 10% earn a minimum of $149k/year (average $190k+), but here’s the kicker — their wealth isn’t just cash. Most assets are tied up in stocks, real estate, and investments.

Bank account reality check:

• Median balance for top 10%: $128k
• Average: $111.6k
• Median across checking/savings combined: just $8k

Retirement savings gap (this one stings):

• Top 10% median: $900k+
• Average household: $87k

The real secret? It’s not about the number in their account—it’s about what they do with their money. Early investing, automated savings (even $10/week), and letting compound returns do the heavy lifting.

The wealthy play a different game: they put money into assets that grow. You don’t need to be born rich to start that habit today.