How Much Money Makes You Wealthy, Wealthier, or Wealthiest? -

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High income, say 6 or even 7 figures, doesn’t count as being wealthy. Really.

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Where Does Your Net Worth Put You In The American Wealth Distribution?

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These tell you what fraction of Americans has a lower net worth than the numbers in the left column.

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What does this table teach us?

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– Being a millionaire doesn’t quite put you in the top 10% (unless you have a million beyond your home equity).

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– The top 1% have about $15 million counting home equity or $10 million discounting it.

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Is Wealth Solely A Matter Of Your Net Worth?

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1. Under accumulators of wealth (UAWs):

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Money Management

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How Much Money Makes You Wealthy, Wealthier, or Wealthiest? -

High income, say 6 or even 7 figures, doesn’t count as being wealthy. Really.

Does A High Income Make You Wealthy?

Where Does Your Net Worth Put You In The American Wealth Distribution?

These tell you what fraction of Americans has a lower net worth than the numbers in the left column.

What does this table teach us?

– Nearly 1 in 9 Americans have a negative net worth.

– Obviously, counting your home equity as part of your net worth generally increases the number

– Nearly half of Americans have a net worth lower than $100,000.

– Being a millionaire doesn’t quite put you in the top 10% (unless you have a million beyond your home equity).

– To be in the top 5% requires more than $2 million.

– The top 1% have about $15 million counting home equity or $10 million discounting it.

– Increasing your net worth 10-fold makes the biggest difference between $100,000 and $1,000,000.

Is Wealth Solely A Matter Of Your Net Worth?

1. Under accumulators of wealth (UAWs):

2. Average accumulators of wealth (AAW):

3. Prodigious accumulators of wealth (PAWs):

Money Management

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