The Minimum Net Worth You Need To Feel Wealthy
The Financial Samurai Podcast
00:00
Introduction
The ratio is simply the minimum net worth required to feel wealthy divided by the median home price of your city. The higher the wealth reality ratio, the less satisfied you are and vice versa. It first hit Sam when he saw Schwab's annual modern wealth survey. Numbers range from a minimum of around 2.5 million to feel wealthy in Chicago to 5.1 million to feel rich in San Francisco.
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