Are you the millionaire next door? How to adopt a wealthy mindset if you have a high net worth but don’t feel rich

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hundreds of users reach that milestone every day (1).Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's howThis 20-year-old lotto winner refused $1M in cash and chose $1,000/week for life. Now she’s getting slammed for it. Which option would you pick?Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here’s what it is and the simple steps to fix it ASAPSimilarly, Morningstar reported that 654,000 of Fidelity’s clients had 401(k) portfolios of $1 million or more in the third quarter of 2025 — a record for the financial firm (2).Globally, financial analysts at UBS say they’re seeing a surge in what they call “everyday millionaires,” who have assets worth between $1 million and $5 million. Current estimates put the population of this group at 52 million worldwide (3).The retirement platform Empower also estimates 9.1% of users now have at least $1 million in their retirement savings accounts, with many reaching this milestone in their 50s (4).Although all of these facts are positive news for retirement savers, Reed cautioned that although more investors have a high net worth, few consider themselves wealthy. Some financial analysts warn that bad financial habits could easily erode seven-figure savings.Interestingly, Vanguard found that only one in five of these new millionaires identified as an investor.To account for this phenomenon, the firm coined the term hidden millionaire, referring to individuals who largely built their wealth through retirement savings and home equity, and don’t associate themselves with their high-net-worth status.A 2025 survey from Northwestern Mutual revealed several glaring differences in how American millionaires feel about managing money compared with the general population.For instance, 88% of surveyed millionaires agreed with the statement, “I have good clarity on exactly how much I can spend now versus save for later.” That figure was 68% for the general public.Also noteworthy were the responses to the statement, “I am a disciplined financial planner.” Among millionaires, 76% agreed with this label, compared with 49% of the general public (5).Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoTrending tickersBTC-USD Bitcoin USD 68,804.59 -2,169.59 (-3.06%)ETH-USD Ethereum USD 2,079.80 -83.40 (-3.86%)XRP-USD XRP USD 1.40 -0.04 (-2.86%)BTC-CAD Bitcoin CAD 94,479.03 -2,979.17 (-3.06%)SOL-USD Solana USD 87.43 -2.79 (-3.09%)PortfolioSign in to access your portfolioSign inTop gainersPL Planet Labs PBC 33.83 +6.87 (+25.48%)PSNYW Polestar Automotive Holding UK PLC 5.25 +0.88 (+20.14%)YSS York Space Systems, Inc. 21.07 +3.39 (+19.17%)LBTYB Liberty Global Ltd. 14.17 +2.03 (+16.72%)SEDG SolarEdge Technologies, Inc. 51.73 +6.07 (+13.29%)Top losersSMCI Super Micro Computer, Inc. 20.53 -10.26 (-33.32%)AAOI Applied Optoelectronics, Inc. 87.54 -14.38 (-14.11%)VICR Vicor Corporation 164.54 -25.59 (-13.46%)VST Vistra Corp. 146.02 -21.12 (-12.64%)FLOC Flowco Holdings Inc. 21.69 -2.76 (-11.29%)Most activeCMCSA Comcast Corporation 29.02 +0.04 (+0.14%)SMCI Super Micro Computer, Inc. 20.53 -10.26 (-33.32%)NVDA NVIDIA Corporation 172.70 -5.86 (-3.28%)RITM Rithm Capital Corp. 8.77 -0.26 (-2.88%)PLUG Plug Power Inc. 2.2300 -0.1700 (-7.08%)Top economic eventsEarnings eventsMy earnings eventsEarnings events