I’m a Financial Consultant: Here’s How Much Money the Middle Class Needs To Feel Rich

What: According to a recent survey, the middle class in the US considers an annual income of at least **$120,000** to feel rich.
Why: This figure is significantly higher than the national median household income, which is around **$67,000**.
Signal: The survey suggests that the middle class is shifting its definition of wealth, with a growing emphasis on financial security and comfort.
Target: To achieve this level of wealth, individuals may need to save aggressively, invest wisely, and plan for long-term financial goals.
Risk: However, relying on a single income source or failing to diversify investments can increase the risk of financial instability.