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Americans Say They Need $2.2 Million to Be Considered Wealthy

Feeling rich is more common among millennials and Gen Z, according to a new survey from Charles Schwab. 

Photographer: AFP/Getty Images
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To be wealthy in America, you need at least $2.2 million.

That’s according to Charles Schwab’s 2023 Modern Wealth Survey released Tuesday, which asked a nationally representative sample of Americans to estimate the average net worth required to reach the ranks of the rich.