In other words, how much money does this person have in their savings account. The answer is probably much less than you might think. The average American has around a hundred thousand dollars in his or her retirement account. So…
The current value in the euro/US dollar exchange rate is 6500 eur to usd. That’s a lot of money, but only about $600-700 a year.
I find this quote to be a great way to illustrate how the value of…