EVERYDAY WEALTH IN AMERICA 2023 REPORT
What does it mean to be 鈥渨ealthy鈥 today? For the second year, 91论坛 Engines explored the intersection of life and money, revealing new insights into Americans鈥 attitudes about wealth including our biggest financial concerns, the impact of social media, the role finances play in our relationships and much more.*
听 听
听 听 听
Few Americans consider themselves wealthy
believe they are wealthy, similar to 12% in 2022
But more people this year believe they need $1M+ to feel wealthy:
听
67%
in 2023
听
57%
in 2022
听 听
听 听 听
Political Worries are Up
听 听 听 听 听
Top 3 concerns for affluent Americans
听
听
听90%
Current political environment
87%
Inflation
81%Impact of 2024 election
听 听
听 听 听
CREDIT CARD DEBT IS A MAJOR ROADBLOCK
see credit card debt as their biggest barrier to building wealth in 2023.
see credit card debt as their biggest barrier to building wealth in 2023.
听 听
听 听 听
WEALTH AND HOMEOWNERSHIP
听
听
of potential homebuyers say the real estate environment has discouraged them from buying a home.
THE IMPACT鈥∣F SOCIAL MEDIA
听
听
Americans say they feel less satisfied with the amount of money they have because of social media.
WEALTH AND RELATIONSHIPS
听
听
of those with a significant other have fought over finances and money.
听 听
听 听 听
Working with鈥╝ financial Professional can help ease the Emotional burden
say they stress less about finances because they work with a financial professional
听
of those surveyed currently work with a financial professional.
听 听
听 听 听
Dive Deeper
Explore additional insights from Everyday Wealth in America 2023.
Media Contact:听
PRTeam@EdelmanFinancialEngines.com
INTERESTED IN LAST YEAR鈥橲 REPORT?
Check out Everyday Wealth in America 2022.