Wealth in America: Income vs Net Worth

Discover the true wealth threshold in America: a net worth of $2.5 million for rich and $778,000 for comfortable. Income varies greatly by state, with top 1% earners needing over $1 million in California or New York, but under $500,000 in Mississippi or West Virginia. Debt is a significant factor, with average Americans owing $105,056 last year. To live rich, focus on reducing debt, saving for retirement early, and living within your means. Checkout Solipillow.comThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.