Schwab's Modern Wealth Survey 2023
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In monetary term, for 2023:
- On average respondents says it takes $2.2 Million to be considered wealthy.
- But among respondents who consider themselves wealthy, their own networkers averages $560k.
- ... and more people cite non monetary factors to consider when evaluating "wealth"
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More “wealth” surveys:
- Median household wealth hit $192,900 last year
- $2.6 million: the net worth of the median American family in the upper 10% of income
- $483,000: how much Americans believe they would need to earn in a year to be rich
- $2.2 million: net worth an American needs to be considered wealthy in 2023
- $560,000: average net worth of Americans who actually feel wealthy in 2023
- Nearly half of Americans feel wealthy (!)
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More “wealth” surveys:
- Median household wealth hit $192,900 last year
- $2.6 million: the net worth of the median American family in the upper 10% of income
- $483,000: how much Americans believe they would need to earn in a year to be rich
- $2.2 million: net worth an American needs to be considered wealthy in 2023
- $560,000: average net worth of Americans who actually feel wealthy in 2023
- Nearly half of Americans feel wealthy (!)
@Axtremus said in Schwab's Modern Wealth Survey 2023:
More “wealth” surveys:
- Median household wealth hit $192,900 last year
Two years ago, this statistic was making the rounds:
Only 40% of americans can afford a random $1000 expenseMaybe the great majority of the wealth in that median figure, is home equity. That might explain both numbers.
