Investors define wealth in survey

In a recent survey, respondents set a higher bar when defining what it takes to be considered “wealthy.” The average net worth considered wealthy in 2022 was $2.2 million, up from $1.9 million in 2021. In addition, respondents on average thought it would take $774,000 to feel financially comfortable, up from $624,000 in 2021. Respondents also indicated they want to invest in areas that reflect their values. Most said they are looking to make changes in the next 12 months to have a more positive impact on the world, including how they invest. Over half (69%) of respondents said they invest in companies that align with their personal values.