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Understanding wealth in America can be eye-opening. You might assume that becoming a millionaire is something only a few achieve, but recent data shows that the average household net worth in the U.S. has surpassed $1 million. But what does this number really mean, and how does it compare to the everyday financial reality most Americans face? Don’t Miss: Are you rich? Here’s what Americans think you need to be considered wealthy.Can you guess how many retire with a $5,000,000 nest egg? –How does it compare to the average?Founder of Personal Capital and ex-CEO of PayPalre-engineers traditional …

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