My teenage son has managed to save 1M sats. He said to me that he doesn't think that's enough.
I told him he's right.
But it's a good start for a kid who doesn't have his drivers license. I didn't say that part to him, though. Kids are given everything. Chairs? The chair he sits on is mine. I'd sell it if he wasn't sitting on it. Food? Mine. Bed? Mine. Grades? Nah homie... We pay for extra tutoring. So when he works (which he does) he better be saving that money in the hardest asset because everything else he's bloody given.