This is how much money Americans think you need to be considered wealthy

(KTLA) – This may not come as a surprise to most people, but the net worth that the average American considers to be "wealthy" is higher than it used to be.

In findings from its 2024 Modern Wealth Survey, Charles Schwab said that Americans, on average, believe it takes $2.5 million to be considered wealthy in today's economy.

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“‘Wealth’ means different things to different people, whether it’s financial freedom, enriching experiences with friends and family...