I mean, I love the confidence and sentiment, but I feel like you sort of answered "No" with the second sentence. Because there are consequences. And you don't believe SO fully in it that you'd damn the consequences becuase you were going to get free money, which would help your family. Because yeah, 50k is a lot of fucking money. Of course, 100k is a lot more. "If I found free money with no consequences yeah I'd double down!" But there are consequences. Which is the point of the question.
He's not far off. Per AI, but you get the idea. Now keep in mind this takes into account the super wealthy. I believe most Americans actually only have a couple weeks or a couple months of savings in the bank I heard on NPR during covid:
The average retirement savings for Americans is $87,000, but the average is skewed by a small number of people with much higher balances:
Age
Average retirement savings
Under 35
$18,800
35–44
$141,520
45–54
$313,220
55–64
$537,560
65–74
$609,230
75 or older
$462,410