How tough! Most millionaire investors are just not feeling very wealthy any longer – only about 3 out of 10 experience that warm glow of good fortune.
A million just is not what it used to be.
And most in this elite group won’t consider themselves wealthy until they have a whopping $5 million in assets and no financial pain, according to a surprising new survey.
There might be a good reason: Four out of five with adult children are offering financial assistance to their adult children, grandchildren and older parents.
And about 1 in 5 is sharing a home with these adult kids.
Read more here.