How rich is rich? According to a survey of people who ought to know, the answer is $1 million to $5 million in assets. Investment managers Neuberger & Bergman sponsored the survey of people who stand to give or receive inheritances (median household assets: $500,000). Paradoxically, 55% of those whose assets ranged from $1 million to $5 million don’t consider themselves wealthy.
Desire for Wealth Grows With It