The average American believes you need to have at least $839,000 in net worth to feel financially comfortable. And to be considered wealthy, you'll need around $2.3 million, according to Charles Schwab's 2025 Modern Wealth Survey.
Being financially comfortable means being able to pay bills, handle emergencies and enjoy small luxuries without worrying about running out of money or going into debt. Wealth, on the other hand, means having the long-term freedom and ability to live exactly how you want.
