Archive for August 22nd, 2019

So, how many “rich” folks are there?

August 22, 2019

Yesterday we reported survey results from Schwab and the WSJ that pegged the threshold for being classified as “rich” or “wealthy” at about $2.5 million.

Just being a millionaire doesn’t make the cut any more.

See What’s the “magic number” that makes you wealthy?

Source: NY Times

OK, so how many households do make the cut?