$7.5 Million: That’s the Magic Number, Then I’ll Feel Rich

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Plenty of rich people don’t really feel particularly well off. In a new survey of millionaires, the magic number—the amount they’d need to feel truly rich—seems to be $7.5 million.

The survey, conducted by Fidelity, is discussed in this Reuters story. The survey’s lead factoid reveals that if you feel like you don’t have enough money, you have something in common with many millionaires:

Some 42 percent of the more than 1,000 millionaires surveyed by Fidelity said they did not feel wealthy. Respondents had at least $1 million in investable assets, excluding any real estate or retirement accounts.

Everything’s relative, now isn’t it?

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