More Americans than ever are worth $1M — but many still feel broke. Why being a millionaire doesn’t cut it anymore
Yahoo Finance·2025-11-01 01:00
For a long time, becoming a millionaire was equivalent to being rich enough to do just about anything. “The word ‘millionaire’ once implied automatic affluence,” says Ashton Lawrence, an adviser at Mariner Wealth Advisors in Greenville, South Carolina. “The goalposts have shifted. It’s still a meaningful milestone, but for most people it’s no longer enough.” (1) In 2025, many high-net-worth Americans say they don’t feel wealthy, despite having seven-figure net worths. That’s according to a recent survey ...