The Rich Index: How Much Money Do Americans Need to Be Considered Rich?

THE RICH INDEX HOW MUCH MONEY DO AMERICANS NEED TO BE CONSIDERED RICH? HOW MUCH MONEY DO YOU NEED TO BE RICH? LIKE BEAUTY, IT SEEMS THAT WEALTH, T00, IS IN THE EYE OF THE BEHOLDER. A RECENT GALLUP POLL SHOWED PERHAPS UNSURPRISINGLY THAT AMERICANS' PERCEPTIONS OF WHAT IT MEANS TO BE "RICH" VARY BY DEMOGRAPHIC GROUP. TAKE A LOOK AT OUR INFOGRAPHIC TO LEARNA BIT MORE ABOUT HOW AMERICANS DEFINE WEALTH. WHAT IS RICH? BASED ON NET WORTH AND INCOME HOW MUCH MONEY WOULD YOU NEED TO MAKE ANNUALY HOW MUCH MONEY WOULD YOU NEED TO HAVE SAVED UP IN CASH, STOCKS, REAL ESTATE, AND OTHER INVESTMENTS TO CONSIDER YOURSELF RICH? IN ORDER TO CONSIDER YOURSELF RICH? NET WORTH INCOME % MENTIONING IN 2003 (JAN 20 - 22) MEDIAN: $1 MILLION % MENTIONING IN 2011 (NOV 28 - DEC 1) MEDIAN: $1 MILLION % MENTIONING IN 2003 ( JAN 20 - 22) MEDIAN: $120,000 % MENTIONING IN 2011 (NOV 28 - DEC 1) MEDIAN: $150,000 30% - llwillar 25% 20% 15% 10% 5% $1,000,001 : $5,000,000+ to $4,999,999: < $100,000 $100,001 to $299,999 $300,000 to $999,999 $1,000,001 : to $4,999,999: < $60,000 $300,000 $500,000 to $499,999 $100,000 $1,000,000 $5,000,000+ $60,000 to $99,999 $100,000 $100,001 to $299,999 $1,000,000 to $999,999 HOW MUCH MONEY DIFFERENT PEOPLE SAY YOU NEED TO BE RICH - SELF-REPORTED ANNUAL INCOME NEEDED TO BE RICH, BY DEMOGRAPHIC SUBGROUPS – $150,000 $150,000 $100,000 $160,000 $100,000 $200,000 $100,000 ALL AMERICANS MEN WOMEN 50+ YEARS 18 TO 49 YEARS COLLEGE COLLE GE GRADUATE NONGRADUATE $100,000 $200,000 $200,000 $100,000 $200,000 $200,000 $100,000 18 18 $50,000 OR MORE NO CHILDREN BIG/SMALL CITY LESS THAN CHILDREN SUBURB TOWN OR $50,000 UNDER 18 UNDER 18 RURAL AREA ANNUAL HOUSEHOLD INCOME mint.com SOURCE: GALLUP POLL O+ THE RICH INDEX HOW MUCH MONEY DO AMERICANS NEED TO BE CONSIDERED RICH? HOW MUCH MONEY DO YOU NEED TO BE RICH? LIKE BEAUTY, IT SEEMS THAT WEALTH, T00, IS IN THE EYE OF THE BEHOLDER. A RECENT GALLUP POLL SHOWED PERHAPS UNSURPRISINGLY THAT AMERICANS' PERCEPTIONS OF WHAT IT MEANS TO BE "RICH" VARY BY DEMOGRAPHIC GROUP. TAKE A LOOK AT OUR INFOGRAPHIC TO LEARNA BIT MORE ABOUT HOW AMERICANS DEFINE WEALTH. WHAT IS RICH? BASED ON NET WORTH AND INCOME HOW MUCH MONEY WOULD YOU NEED TO MAKE ANNUALY HOW MUCH MONEY WOULD YOU NEED TO HAVE SAVED UP IN CASH, STOCKS, REAL ESTATE, AND OTHER INVESTMENTS TO CONSIDER YOURSELF RICH? IN ORDER TO CONSIDER YOURSELF RICH? NET WORTH INCOME % MENTIONING IN 2003 (JAN 20 - 22) MEDIAN: $1 MILLION % MENTIONING IN 2011 (NOV 28 - DEC 1) MEDIAN: $1 MILLION % MENTIONING IN 2003 ( JAN 20 - 22) MEDIAN: $120,000 % MENTIONING IN 2011 (NOV 28 - DEC 1) MEDIAN: $150,000 30% - 25% 20% 15% 10% 5% $1,000,001 : $5,000,000+ to $4,999,999: < $100,000 $100,001 to $299,999 $300,000 to $999,999 $1,000,001 : to $4,999,999: < $60,000 $300,000 $500,000 to $499,999 $100,000 $1,000,000 $5,000,000+ $60,000 to $99,999 $100,000 $100,001 to $299,999 $1,000,000 to $999,999 HOW MUCH MONEY DIFFERENT PEOPLE SAY YOU NEED TO BE RICH - SELF-REPORTED ANNUAL INCOME NEEDED TO BE RICH, BY DEMOGRAPHIC SUBGROUPS – $150,000 $150,000 $100,000 $160,000 $100,000 $200,000 $100,000 ALL AMERICANS MEN WOMEN 50+ YEARS 18 TO 49 YEARS COLLEGE COLLE GE GRADUATE NONGRADUATE $100,000 $200,000 $200,000 $100,000 $200,000 $200,000 $100,000 18 18 $50,000 OR MORE NO CHILDREN BIG/SMALL CITY LESS THAN CHILDREN SUBURB TOWN OR $50,000 UNDER 18 UNDER 18 RURAL AREA ANNUAL HOUSEHOLD INCOME mint.com SOURCE: GALLUP POLL O+ THE RICH INDEX HOW MUCH MONEY DO AMERICANS NEED TO BE CONSIDERED RICH? HOW MUCH MONEY DO YOU NEED TO BE RICH? LIKE BEAUTY, IT SEEMS THAT WEALTH, T00, IS IN THE EYE OF THE BEHOLDER. A RECENT GALLUP POLL SHOWED PERHAPS UNSURPRISINGLY THAT AMERICANS' PERCEPTIONS OF WHAT IT MEANS TO BE "RICH" VARY BY DEMOGRAPHIC GROUP. TAKE A LOOK AT OUR INFOGRAPHIC TO LEARNA BIT MORE ABOUT HOW AMERICANS DEFINE WEALTH. WHAT IS RICH? BASED ON NET WORTH AND INCOME HOW MUCH MONEY WOULD YOU NEED TO MAKE ANNUALY HOW MUCH MONEY WOULD YOU NEED TO HAVE SAVED UP IN CASH, STOCKS, REAL ESTATE, AND OTHER INVESTMENTS TO CONSIDER YOURSELF RICH? IN ORDER TO CONSIDER YOURSELF RICH? NET WORTH INCOME % MENTIONING IN 2003 (JAN 20 - 22) MEDIAN: $1 MILLION % MENTIONING IN 2011 (NOV 28 - DEC 1) MEDIAN: $1 MILLION % MENTIONING IN 2003 ( JAN 20 - 22) MEDIAN: $120,000 % MENTIONING IN 2011 (NOV 28 - DEC 1) MEDIAN: $150,000 30% - 25% 20% 15% 10% 5% $1,000,001 : $5,000,000+ to $4,999,999: < $100,000 $100,001 to $299,999 $300,000 to $999,999 $1,000,001 : to $4,999,999: < $60,000 $300,000 $500,000 to $499,999 $100,000 $1,000,000 $5,000,000+ $60,000 to $99,999 $100,000 $100,001 to $299,999 $1,000,000 to $999,999 HOW MUCH MONEY DIFFERENT PEOPLE SAY YOU NEED TO BE RICH - SELF-REPORTED ANNUAL INCOME NEEDED TO BE RICH, BY DEMOGRAPHIC SUBGROUPS – $150,000 $150,000 $100,000 $160,000 $100,000 $200,000 $100,000 ALL AMERICANS MEN WOMEN 50+ YEARS 18 TO 49 YEARS COLLEGE COLLE GE GRADUATE NONGRADUATE $100,000 $200,000 $200,000 $100,000 $200,000 $200,000 $100,000 18 18 $50,000 OR MORE NO CHILDREN BIG/SMALL CITY LESS THAN CHILDREN SUBURB TOWN OR $50,000 UNDER 18 UNDER 18 RURAL AREA ANNUAL HOUSEHOLD INCOME mint.com SOURCE: GALLUP POLL O+ THE RICH INDEX HOW MUCH MONEY DO AMERICANS NEED TO BE CONSIDERED RICH? HOW MUCH MONEY DO YOU NEED TO BE RICH? LIKE BEAUTY, IT SEEMS THAT WEALTH, T00, IS IN THE EYE OF THE BEHOLDER. A RECENT GALLUP POLL SHOWED PERHAPS UNSURPRISINGLY THAT AMERICANS' PERCEPTIONS OF WHAT IT MEANS TO BE "RICH" VARY BY DEMOGRAPHIC GROUP. TAKE A LOOK AT OUR INFOGRAPHIC TO LEARNA BIT MORE ABOUT HOW AMERICANS DEFINE WEALTH. WHAT IS RICH? BASED ON NET WORTH AND INCOME HOW MUCH MONEY WOULD YOU NEED TO MAKE ANNUALY HOW MUCH MONEY WOULD YOU NEED TO HAVE SAVED UP IN CASH, STOCKS, REAL ESTATE, AND OTHER INVESTMENTS TO CONSIDER YOURSELF RICH? IN ORDER TO CONSIDER YOURSELF RICH? NET WORTH INCOME % MENTIONING IN 2003 (JAN 20 - 22) MEDIAN: $1 MILLION % MENTIONING IN 2011 (NOV 28 - DEC 1) MEDIAN: $1 MILLION % MENTIONING IN 2003 ( JAN 20 - 22) MEDIAN: $120,000 % MENTIONING IN 2011 (NOV 28 - DEC 1) MEDIAN: $150,000 30% - 25% 20% 15% 10% 5% $1,000,001 : $5,000,000+ to $4,999,999: < $100,000 $100,001 to $299,999 $300,000 to $999,999 $1,000,001 : to $4,999,999: < $60,000 $300,000 $500,000 to $499,999 $100,000 $1,000,000 $5,000,000+ $60,000 to $99,999 $100,000 $100,001 to $299,999 $1,000,000 to $999,999 HOW MUCH MONEY DIFFERENT PEOPLE SAY YOU NEED TO BE RICH - SELF-REPORTED ANNUAL INCOME NEEDED TO BE RICH, BY DEMOGRAPHIC SUBGROUPS – $150,000 $150,000 $100,000 $160,000 $100,000 $200,000 $100,000 ALL AMERICANS MEN WOMEN 50+ YEARS 18 TO 49 YEARS COLLEGE COLLE GE GRADUATE NONGRADUATE $100,000 $200,000 $200,000 $100,000 $200,000 $200,000 $100,000 18 18 $50,000 OR MORE NO CHILDREN BIG/SMALL CITY LESS THAN CHILDREN SUBURB TOWN OR $50,000 UNDER 18 UNDER 18 RURAL AREA ANNUAL HOUSEHOLD INCOME mint.com SOURCE: GALLUP POLL O+ THE RICH INDEX HOW MUCH MONEY DO AMERICANS NEED TO BE CONSIDERED RICH? HOW MUCH MONEY DO YOU NEED TO BE RICH? LIKE BEAUTY, IT SEEMS THAT WEALTH, T00, IS IN THE EYE OF THE BEHOLDER. A RECENT GALLUP POLL SHOWED PERHAPS UNSURPRISINGLY THAT AMERICANS' PERCEPTIONS OF WHAT IT MEANS TO BE "RICH" VARY BY DEMOGRAPHIC GROUP. TAKE A LOOK AT OUR INFOGRAPHIC TO LEARNA BIT MORE ABOUT HOW AMERICANS DEFINE WEALTH. WHAT IS RICH? BASED ON NET WORTH AND INCOME HOW MUCH MONEY WOULD YOU NEED TO MAKE ANNUALY HOW MUCH MONEY WOULD YOU NEED TO HAVE SAVED UP IN CASH, STOCKS, REAL ESTATE, AND OTHER INVESTMENTS TO CONSIDER YOURSELF RICH? IN ORDER TO CONSIDER YOURSELF RICH? NET WORTH INCOME % MENTIONING IN 2003 (JAN 20 - 22) MEDIAN: $1 MILLION % MENTIONING IN 2011 (NOV 28 - DEC 1) MEDIAN: $1 MILLION % MENTIONING IN 2003 ( JAN 20 - 22) MEDIAN: $120,000 % MENTIONING IN 2011 (NOV 28 - DEC 1) MEDIAN: $150,000 30% - 25% 20% 15% 10% 5% $1,000,001 : $5,000,000+ to $4,999,999: < $100,000 $100,001 to $299,999 $300,000 to $999,999 $1,000,001 : to $4,999,999: < $60,000 $300,000 $500,000 to $499,999 $100,000 $1,000,000 $5,000,000+ $60,000 to $99,999 $100,000 $100,001 to $299,999 $1,000,000 to $999,999 HOW MUCH MONEY DIFFERENT PEOPLE SAY YOU NEED TO BE RICH - SELF-REPORTED ANNUAL INCOME NEEDED TO BE RICH, BY DEMOGRAPHIC SUBGROUPS – $150,000 $150,000 $100,000 $160,000 $100,000 $200,000 $100,000 ALL AMERICANS MEN WOMEN 50+ YEARS 18 TO 49 YEARS COLLEGE COLLE GE GRADUATE NONGRADUATE $100,000 $200,000 $200,000 $100,000 $200,000 $200,000 $100,000 18 18 $50,000 OR MORE NO CHILDREN BIG/SMALL CITY LESS THAN CHILDREN SUBURB TOWN OR $50,000 UNDER 18 UNDER 18 RURAL AREA ANNUAL HOUSEHOLD INCOME mint.com SOURCE: GALLUP POLL O+ THE RICH INDEX HOW MUCH MONEY DO AMERICANS NEED TO BE CONSIDERED RICH? HOW MUCH MONEY DO YOU NEED TO BE RICH? LIKE BEAUTY, IT SEEMS THAT WEALTH, T00, IS IN THE EYE OF THE BEHOLDER. A RECENT GALLUP POLL SHOWED PERHAPS UNSURPRISINGLY THAT AMERICANS' PERCEPTIONS OF WHAT IT MEANS TO BE "RICH" VARY BY DEMOGRAPHIC GROUP. TAKE A LOOK AT OUR INFOGRAPHIC TO LEARNA BIT MORE ABOUT HOW AMERICANS DEFINE WEALTH. WHAT IS RICH? BASED ON NET WORTH AND INCOME HOW MUCH MONEY WOULD YOU NEED TO MAKE ANNUALY HOW MUCH MONEY WOULD YOU NEED TO HAVE SAVED UP IN CASH, STOCKS, REAL ESTATE, AND OTHER INVESTMENTS TO CONSIDER YOURSELF RICH? IN ORDER TO CONSIDER YOURSELF RICH? NET WORTH INCOME % MENTIONING IN 2003 (JAN 20 - 22) MEDIAN: $1 MILLION % MENTIONING IN 2011 (NOV 28 - DEC 1) MEDIAN: $1 MILLION % MENTIONING IN 2003 ( JAN 20 - 22) MEDIAN: $120,000 % MENTIONING IN 2011 (NOV 28 - DEC 1) MEDIAN: $150,000 30% - 25% 20% 15% 10% 5% $1,000,001 : $5,000,000+ to $4,999,999: < $100,000 $100,001 to $299,999 $300,000 to $999,999 $1,000,001 : to $4,999,999: < $60,000 $300,000 $500,000 to $499,999 $100,000 $1,000,000 $5,000,000+ $60,000 to $99,999 $100,000 $100,001 to $299,999 $1,000,000 to $999,999 HOW MUCH MONEY DIFFERENT PEOPLE SAY YOU NEED TO BE RICH - SELF-REPORTED ANNUAL INCOME NEEDED TO BE RICH, BY DEMOGRAPHIC SUBGROUPS – $150,000 $150,000 $100,000 $160,000 $100,000 $200,000 $100,000 ALL AMERICANS MEN WOMEN 50+ YEARS 18 TO 49 YEARS COLLEGE COLLE GE GRADUATE NONGRADUATE $100,000 $200,000 $200,000 $100,000 $200,000 $200,000 $100,000 18 18 $50,000 OR MORE NO CHILDREN BIG/SMALL CITY LESS THAN CHILDREN SUBURB TOWN OR $50,000 UNDER 18 UNDER 18 RURAL AREA ANNUAL HOUSEHOLD INCOME mint.com SOURCE: GALLUP POLL O+