Watch CBS News

Average U.S. Resident Says It Takes $2.2M To Be Considered Wealthy

How much money do you think it takes to be considered wealthy?

The annual Modern Wealth Survey from Charles Schwab shows that Americans put that number at $2.2 million.

To merely be "financially comfortable," the average person believes that takes $774,000.

Both figures are a considerable boost from where they were last year -- $1.9 million and $624,000, respectively.

The median net worth of U.S. households, by the way, is $121,700.

View CBS News In
CBS News App Open
Chrome Safari Continue
Be the first to know
Get browser notifications for breaking news, live events, and exclusive reporting.