Wealthy Worry about Money…

May 2005
Journal of Financial Planning;May2006, Vol. 18 Issue 5, p22
Academic Journal
The article reports on a study of affluent Americans by wealth management firm PNC Advisors. The survey, which boasted 60% of respondents with more than $1 million in investable assets, found that only 46 percent became happier as they accumulated more money. In addition, nearly 30 percent of respondents said that having a lot of wealth brought more problems than it solved, and slightly more than 30 percent still worry constantly about having enough money, with 19 percent of those with $10 million or more worried about having enough money for retirement.


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