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How much money do you need to feel financially comfortable or wealthy? The answer depends on where you live, your household size, and your lifestyle desires, of course. However, according to the 2025 Charles Schwab Wealth Survey, Americans say it now takes a net worth of $839,000 to feel financially comfortable—up from $778,000 in 2024.

More surprisingly, the amount Americans say is needed to feel wealthy has declined. In 2025, that number is $2.3 million, down from $2.5 million just a year ago.

Congratulations, everyone—we now feel wealthier with less! But this counterintuitive result deserves further examination. Like inflation, the number needed to feel wealthy tends to creep upward over time. Not this year. Let’s explore why Americans may be lowering their wealth threshold.

Why Americans Need Less Money To Feel Wealthy

First of all, it’s hard to believe that Americans genuinely feel they need less money to be wealthy in 2025 compared to 2024. With the cost of living

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