The True Measure of Wealth: Well-being Trumps Money, Survey Shows.
TL;DR Summary
Well-being, not money, has become the leading measure of wealth for most adults today, according to the new Charles Schwab "Modern Wealth" survey. It takes an average net worth of $2.2 million to be considered "wealthy," the survey found — but that's the estimate respondents gave for other people. When asked to characterize what being wealthy means to them, respondents overall mentioned their well-being (40%) more often than money (32%) and assets (26%).
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- Americans were asked what it takes to be rich. Here's what they said. CBS News
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- View Full Coverage on Google News
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