What does it mean to be wealthy? According to a survey conducted by Empower, the definition of a high-net-worth individual (HNWI) varies considerably among U.S. adults. While the widely accepted benchmark classifies HNWI as someone with at least $1 million in liquid assets, the median response from surveyed adults pegged it at $400,000. Despite this lower threshold, 74% of respondents believe achieving high-net-worth status is unlikely for them. A slim margin, 3%, confirmed they have reached thi
America stands apart as the undisputed capital of wealth. Many desire its alluring affluence, making it the top choice for the world’s rich elite. Let’s explore how this nation enables dreams of vast fortunes, examining its wealth creation and accumulation landscape. Wealth is Changing In the last ten years, the United States has become the […]
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