The Price of 'Rich' Is Getting Higher

March 2000
Journal of Financial Planning;Mar2000, Vol. 13 Issue 3, p25
Academic Journal
This article presents the result of the survey entitled "American and Their Money," which was conducted by the "Money" magazine in the U.S. In the survey, the Americans made it clear that one million dollars worth less today compared to 500,000 thousand dollars in the year 1984. It found out that over half of the respondents thought that a person need to be worth at least three million dollars or more and a third thought that a person need to have at least five million dollars to be worth much in today's standard.


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