Here’s the net worth Americans say you need to be considered wealthy

[Ozymandeas]

There was a poll that said the majority of Americans don’t have $500 saved for an emergency.

$2 million would seem wealthy if you living like that.

Wealth to me is when you making so much money you can’t spend it fast enough. If you got $100 million and put half in SPY which is somewhat safe and has returned much more than 10% over the last five years but let’s imagine it’s just 10%, that’s $5 million every year in free money. That’s wealth. Now imagine billionaires.

 

[goatmane]

Top 1% Net Worth Levels By Age
If you really want to get motivated, take a look at the chart I created below highlighting the top 1% income by age and multiplying each figure by an ideal income multiplier to figure out what the top 1% net worth is by age.

interesting..
The Median Net Worth Of American Households Is Alarmingly Low