I think people with over 1 million in savings is pretty common. I know two retired couples that have over 1 million in savings and neither were what most would consider rich. They had regular decent paying jobs and just made a priority out of saving and investing. One of the couples never made more than $60k/year combined income. I bet it will be less common going forward because now days many don't save any and spend everything they have like drunken sailors and live in debt.