Core Viewpoint - The perception of having 2 million yuan in savings is increasingly seen as insufficient for wealth accumulation in China, particularly in major cities where high property prices and inflated income expectations create a challenging financial landscape [1][3]. Group 1: Economic Context - In major cities like Beijing, Shanghai, Guangzhou, and Shenzhen, 2 million yuan can only afford a small, outdated apartment, highlighting the disparity between savings and housing expectations [1]. - Only 0.1% of households in China have savings exceeding 2 million yuan, equating to approximately 1.4 million households in a population of 1.4 billion [3]. - The average savings per person in China exceeds 100,000 yuan, but over 60% of households fall below the national average, indicating a significant wealth gap [3]. Group 2: Challenges in Accumulating Wealth - Accumulating 2 million yuan is extremely difficult; for a couple saving 5,000 yuan monthly, it would take 33 years to reach this goal, assuming no major life disruptions [5]. - The average salary for urban private sector employees in 2023 is only 5,833 yuan, making it challenging for families to save after accounting for living expenses and debts [5]. - Blind investment strategies have led to significant losses for many families, with examples such as the P2P lending crisis causing substantial financial setbacks [5]. Group 3: Wealth Accumulation Strategies - To accumulate wealth, families should focus on reducing expenses rather than engaging in high consumption, emphasizing the importance of saving [6]. - Avoiding blind investments in high-risk financial products is crucial; stable bank savings, while offering lower returns, provide better security for principal amounts [6].