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Today, it barely feels like a milestone.Research from Northwestern Mutual shows that only 36% of U.S. millionaires identified as “wealthy” last year (1), despite having at least $1 million in investable assets — a number that once symbolized financial freedom. In 2025, rising costs, shifting expectations and relentless comparison reshaped what “rich” meant, even for Americans who may technically qualify.The study suggests a psychological shift that reveals just how dramatically the economy, cost of living and social norms have evolved.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 howDave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here’s what it is and 3 simple steps to fix it ASAPI’m almost 50 years old and have nothing saved for retirement. What do I do? Don’t panic. Here are 6 easy ways to catch up (and fast)The U.S. now has nearly 24 million millionaires, the largest population of high-net-worth households in the world, according to UBS’ 2025 Global Wealth Report. (2) Wealth creation accelerated during the pandemic as home prices surged and more Americans invested in the stock market.But even as more Americans cross the millionaire mark, there are many reasons why a million no longer feels like wealth. The location gap plays a major role: a million dollars in rural Oklahoma or Missouri can provide a spacious home, relatively low taxes and plenty of financial breathing room.But in heavily populated coastal metros, like New York City or Los Angeles, hot real estate markets mean it might not even cover a modest condo.Lifestyle expectations also magnify the divide. Millionaires tend to socialize with other millionaires, which means they’re constantly comparing themselves to friends, colleagues or social media influencers who may have far more — a form of financial relativity that makes even seven figures feel small.Advisors say this “comparison trap” (3) is powerful. When everyone around you appears to be earning more, investing more or inheriting more, a million dollars stops feeling exceptional. In that context, wealth becomes relative — and for many, perpetually out of reach.“All of my clients who are millionaires do not consider themselves wealthy, not by a long shot,” Liz Windisch, a certified financial planner in Denver, told USA Today. (4)Read More: Young millionaires are rethinking stocks in 2026 and banking on these assets instead — here’s why older Americans should take noteThe Economic Policy Institute reports that the average American household income as of 2023 was $80,610. To be in the top 20% of earners, you’d have to make almost double the average, over $130,500 a year. (5) While the IRS benchmark for being a 1-percenter is income above $540,009 per year, the Institute puts that figure at $819,324 a year. (6)Condiciones y Política de privacidadPrivacy & Cookie SettingsMore InfoS&P 5006,858.47 +12.97 (+0.19%)Dow 3048,382.39 +319.10 (+0.66%)Nasdaq23,235.63 -6.36 (-0.03%)Russell 20002,508.22 +26.32 (+1.06%)VIX14.51 -0.44 (-2.94%)Gold4,329.60 -11.50 (-0.26%)Tickers destacadosBTC-USD Bitcoin USD 91,169.38 +945.22 (+1.05%)CVX Chevron Corporation 155.90 +3.49 (+2.29%)ETH-USD Ethereum USD 3,145.34 +19.91 (+0.64%)XRP-USD XRP USD 2.03 +0.01 (+0.40%)XOM Exxon Mobil Corporation 122.65 +2.31 (+1.92%)Cartera de valoresInicia sesión para acceder a tu cartera de valoresIniciar sesiónPrincipales ganadoresFLNC Fluence Energy, Inc. 23.01 +3.23 (+16.33%)SNDK Sandisk Corporation 275.24 +37.86 (+15.95%)SMR NuScale Power Corporation 16.31 +2.14 (+15.10%)BIDU Baidu, Inc. 150.30 +19.64 (+15.03%)ASTS AST SpaceMobile, Inc. 83.47 +10.84 (+14.93%)Principales perdedoresPAY Paymentus Holdings, Inc. 28.47 -3.12 (-9.88%)KVYO Klaviyo, Inc. 29.32 -3.15 (-9.70%)LQDA Liquidia Corporation 31.40 -3.09 (-8.96%)APP AppLovin Corporation 618.32 -55.50 (-8.24%)PSNY Polestar Automotive Holding UK PLC 19.81 -1.56 (-7.30%)Más activosONDS Ondas Holdings Inc. 11.02 +1.26 (+12.91%)NVDA NVIDIA Corporation 188.85 +2.35 (+1.26%)PLUG Plug Power Inc. 2.2300 +0.2600 (+13.20%)INTC Intel Corporation 39.38 +2.48 (+6.72%)TSLA Tesla, Inc. 438.07 -11.65 (-2.59%)Principales eventos económicosEventos de beneficiosMis eventos de beneficiosEventos de beneficios