15 July 2022

It Takes This Much Money Just to Be ‘Comfortable,’ Americans Say

Senior couple happy at home
Monkey Business Images / Shutterstock.com

Hoping to get wealthy? If you want to impress the Joneses and everyone else, you will have to blow way past $1 million before you join the ranks of the well-to-do. The consensus minimum for how large of a net worth you need before you are considered “wealthy” is now $2.2 million, on average, according to a Charles Schwab survey of 1,000 adults ages 21 to 75. In these days of runaway inflation, it’...



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