Factoid - Friday, July 11, 2025
Citing the results of its "2025 Modern Wealth Survey", Charles Schwab reported that the average American now believes it takes a net worth of $2.3 million to be considered wealthy, down from $2.5 million last year. The figure exhibits significant variance across generations. Baby Boomers said it takes a net worth of $2.8 million to be considered wealthy, compared to $2.1 million for Gen Xers, $2.1 million for Millennials, and $1.7 million for Gen Z.
Posted on Friday, July 11, 2025 @ 10:26 AM

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