Bloomberg
Source: Getty Images
Making It
How Much Money Do You Need to Be Wealthy in America?
The exact amount can depend on how old you are.
By Suzanne Woolley
13 May 2019, 11:00 UTC
Rich is relative.
Merely having a net worth of $1 million, it seems, doesn’t mean you’re wealthy. In Charles Schwab’s annual Modern Wealth Survey, the amount people said it took to be considered rich averaged out to $2.3 million. That, the company said, is “more than 20 times the actual median net worth of U.S. households.”
You've reached your free article limit.
Subscribe for unlimited access.
View Offers Sign in
Bloomberg Anywhere clients get free access
Terms of Service
Trademarks Privacy Policy ©2019 Bloomberg L.P. All Rights Reserved
Careers Made in NYC Advertise Ad Choices Contact Us Help
You've reached your free article limit.
View Offers
Are you a subscriber or Bloomberg Anywhere client? Sign in
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment