Reported about 7 hours ago
Recent data from the Federal Reserve reveals that approximately 18% of U.S. households, equating to nearly 23.7 million, now boast a net worth of at least $1 million. This increase marks a significant surge from 2019 to 2022, even when adjusted for inflation. Contrary to stereotypes, many millionaires achieved this status through disciplined saving and investing, often opting for modest lifestyles while prioritizing financial education and multiple income streams.
Source: YAHOO