Only 10% of Americans Consider Themselves Wealthy: Insights and Strategies

Reported 1 day ago

A Fidelity study reveals that only 10% of Americans identify as wealthy, with wealth perception consistent across various income levels. David Peterson, head of advanced wealth solutions at Fidelity, notes that many define wealth modestly, primarily valuing financial security over lavishness. Key factors contributing to their wealth include strategic investing, early savings habits, and a systematic approach to saving a portion of their income.

Source: YAHOO

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