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What Are Your Wealth Goals? What Will It Take to Get You There?

Published: Dec. 1, 2023, 8:49 p.m.

When asked how much money a person needs to be wealthy the magic number is currently about $2 million. But many people who have far less than that say they already feel wealthy today, for other reasons. So what\u2019s the catch? According to a Charles Schwab survey, there\u2019s more to \u201cwealth\u201d than a dollar sign.

Earlier this year, Schwab conducted its seventh annual Modern Wealth Survey. It took place in early March with about 1,000 participants. While all those people suggested an average $2.2 million to be wealthy, almost half of them said they feel wealthy with just $560,000 because of other non-financial assets...

...If you\u2019re not a member, please take a moment to sign up. It\u2019s free and will help guide you toward the kind of financial freedom that you need to reach your goals. Just go to newsforinvestors.com. You\u2019ll also find a link in the show notes for the Charles Schwab story. And don\u2019t forget to subscribe to this podcast and leave a review! \xa0 Thanks for listening! Kathy Fettke \xa0 Links: \xa0 1 - https://pressroom.aboutschwab.com/press-releases/press-release/2023/Schwabs-Modern-Wealth-Survey-Reveals-Nearly-Half-of-Americans-Feel-WealthyBut-With-a-Twist-They-Dont-Measure-It-in-Dollars--Cents/default.aspx

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