Here’s the Net Worth Americans Think It Takes to Be Rich

Americans believe that you need an average net worth of $2.5 million to be considered wealthy, according to a new survey.

The survey, conducted by Logica Research from March 4-18 and released by Charles Schwab, found that the average net worth Americans think it takes to be “wealthy” has gone up slightly from 2023 and 2022, when they thought that number was $2.2 million.

Read more at TIME Magazine.