Just how much money do you have to be to be considered “wealthy” in America? Recent findings from Charles Schwab’s 2018 Modern Wealth Index pinpoint the number at $2.4 million on average. Respondents said that $1.4 million is needed to be considered “financially comfortable.” But the survey found that people have different ideas of what it means to be “wealthy” in America. Only 29% thought wealth has to do with money.
Survey answers:
“Living stress-free/peace of mind:” 28%
“Being able to afford anything I want:” 18%
“Loving relationships with family and friends:” 17%
“Enjoying life’s experiences:” 14%
“Having lots of money:” 11%
“Having good health:” 7%
“Being charitable:” 2%