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  • How Much Does it Take to Be Wealthy in America? To be Financially Comfortable?

    09/09/2023 9:32:57 PM PDT · by SeekAndFind · 22 replies
    Visual Capitalist ^ | 09/09/2023 | Dorothy Neufeld
    What does it take to be wealthy in America? It depends, of course, on where one lives.According to the 2023 Modern Wealth Survey by Charles Schwab (see below), you need a net worth of at least $1.7 million to be "financially comfortable" in San Francisco, and $4.7 million to be considered "wealthy."And in Houston? $606k is "financially comfortable," while $2.1 million is "wealthy."As Visual Capitalist's Dorothy Neufeld notes:Wealthy in America: A Closer LookOverall, the net worth that Americans say that is needed to be “wealthy” in the United States is $2.2 million in 2023.Here are the average wealth numbers indicated...