Hey Friends,
Just 3 fun facts for you today. I hope you have an awesome weekend!
Blessings,
Andrew
Fun Fact 1:
Rent has grown more than wages in the US in the last 20 years.
Source: r/dataisbeautiful; via FRED data
Fun Fact 2:
A new survey from Clever Real Estate shows that 61% of baby boomer homeowners say they “never” plan to sell their homes, a jump of 7 percentage points from 2024. The main reason? More than half want to age in place.
Source: Housing Wire; Clever
Fun Fact 3:
There are more 401(k) millionaires today than ever before, with Fidelity reporting 595,000 accounts above $1 million. That’s 20% more than a year ago and 102% more than three years ago.
Source: Charlie Bilello
Quote I’m pondering:
“You cannot stay on the summit forever; you have to come down again. So why bother in the first place? Just this: What is above knows what is below, but what is below does not know what is above. One climbs, one sees. One descends, one sees no longer, but one has seen. There is an art of conducting oneself in the lower regions by the memory of what one saw higher up. When one can no longer see, one can at least still know.”
-French writer and poet Rene Daumal reminds us that it’s not about what we achieve, but who we become in the process in his unfinished novel, Mount Analogue
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Disclaimer: All information provided is for educational purposes only and does not constitute investment, legal or tax advice, an offer to buy or sell any security, or to buy or sell real estate property. Read our full disclosures HERE.