Could anyone else find where the stat came from on number of millionaires? I opened the linked PDF report the link ultimately led to, read the whole thing and c

Could anyone else find where the stat came from on number of millionaires? I opened the linked PDF report the link ultimately led to, read the whole thing and couldn't find it. I'm curious because the devil may be in the details and the headline may not be what it sounds. Specifically... - What form does this wealth take? Are they only paper rich? If so, they probably can't access much of those funds. Same if they are tied up in retirement accounts. - What is the distribution of money in this sample? If it is closer to $1M for the majority vs much higher amounts, that isn't as much money as most people think it is out here when a crappy small house in a decent neighborhood costs more than that. Certainly not "divert your funds to solve poverty" levels of cash. If you have $1M and have a decently large mortgage out here, that money is likely not even enough to cover your retirement if you keep living here. This sort of headline and math drives impressions and revenue for Business Insider but this is likely a non story. Don't get me wrong... This is a big problem that we should absolutely be trying to solve. But this seems to point the finger at a group of people who may not really be worth pointing the finger at because they actually aren't that wealthy in reality if you factor in the form of that wealth, cost of living, mortgage, and saving for retirement. They may in fact look more similar to the upper middle class of 20 years ago, albeit with smaller, crappier homes.