A friend of mine passed me this link on how much you need to be “wealthy” in America (shocker: it’s in the millions!), but the stats that were included were the real gems here…
It comes from Charles Schwab’s second annual “Modern Wealth Index” survey, and I challenge you to really think about this and then compare to your own lists at home 🙂
But first – the “number” you “need” to be financially comfortable in this great country of ours? Which as we all know is nonsense if you’re completely omitting the *expenses* side of the equation??
To be financially comfortable in America today requires an average of $1.4 million, up from $1.2 million a year ago, according to the survey. The net worth needed to be “wealthy”? That’s an average $2.4 million, the same as last year in the online survey of 1,000 Americans between age 21 and 75.
Don’t tell Mr.