What It Takes To Be Considered Wealthy in 2025—and How Real Estate Can Help
Photo by Ronnie George
A 2025 Charles Schwab Modern Wealth Survey reveals a shift in how Americans define wealth. While the net worth benchmark for being considered wealthy has slightly decreased to $2.3 million, many people now prioritize happiness and health over monetary value. The article emphasizes the enduring role of real estate as a key pathway to wealth. Experts highlight that homeownership is a form of forced savings, builds equity, and serves as a hedge against inflation. Generational differences are also noted, with older generations having significantly benefited from home equity, while younger generations face challenges like student debt and high down payment costs.
For a detailed breakdown by state, read the full article here.
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The information provided is for educational purposes only and should not be considered credit repair advice or housing counseling services. For credit repair assistance or housing counseling, please consult with appropriate certified professionals or HUD-approved agencies.
Fintech Founder at My Home Pathway. VC Backed Startup. Financial Inclusion Leader and Speaker.
Risk and project management professional with experience in Federal Reserve banking regulations, risk management policies as well as risk management advisory services. Critical skills include credit risk analysis, capital markets, strategic planning, current state assessments and target operating models. Ability to assess evolving regulatory guidelines and potential impact on financial services organizations operationally and strategically.
Mr. Johnson received his Bachelor of Science in Management and International Business from Penn State University where he was a Bunton Waller Scholar and Division 1 athlete and his MBA in Finance and Accounting from New York University.
