GOP pollster Lee Carter and former Pennsylvania Congressman Patrick Murphy discuss whether current economic conditions plays to Trump’s strengths on the campaign trail on ‘Cavuto: Coast to Coast.’
It takes more to be viewed as rich in the U.S. this year than it used to, according to new data.
Charles Schwab’s annual Modern Wealth Survey released this week found Americans now believe it takes a $2.5 million net worth on average to be considered wealthy in 2024, up from $2.2 million for the past two years.
A new survey from Charles Schwab found Americans believe it takes an average net worth of $2.5 million to be considered wealthy in 2024. (iStock / Getty Images)
Older generations actually think $2.5 million isn’t enough to be considered rich, with baby boomers saying on average that the threshold for wealth should be $2.8 million. Gen Xers said the number is more like $2.7…
