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#371: Fan Favorite – 2022 Financial Benchmarks Are In!
The Dentist Money Show | Financial Planning & Wealth Management
The Average Savings Rate
The average savings rate is double the national average. If you grow your money at 7% over 25 years, you start with zero,. You save 81 grand a year, you have 5.1 million dollars. If you grew it at 8%, it's almost 6 million dollars. It's very conservative to get a 7% long term, 25 year rate of return. That's a moderate, almost old person portfolio. And then if you got a 9% growth rate on that thing after 25 years, which like statistically is not like that's what the market's, it's market's doing more than that. You have 6.9 million dollars. So our average saver, if they
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