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Millionaires in America: How common is it to have a 7-figure net worth?

personal finance :: 3hrs ago :: source - yahoo finance

By Emily Batdorf

If you've dreamed of becoming a millionaire, you're not alone. To many, hitting this financial milestone signals you've "made it." With assets valued at seven figures, you can wave goodbye to many of the financial stressors that nagged at you when you had less.

However, with inflation eroding the value of the dollar with each passing year, being a millionaire doesn't mean what it used to. As a result, there are more millionaires today than there used to be, and becoming one might be more within your reach.

Story continues on Yahoo Finance


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