You Re Not Rich Until You Have 25 Million At Least

Of course most of us could make quite a nice life for ourselves with just a fraction of $25 million. To make matters more daunting, even $25 million really isn’t all that rich. To reach the exclusive ranks of the first class rich, you’d need to have $200 million that you could easily invest. If you want to attain the level of wealth that has you traveling by private jet, you need to have $1 billion. What to feel even worse about your personal finances? Back in 1994 just $3 million was enough to be considered an ultra-high net worth individual. So in less than 25 years, we’ve seen an increase of $22 million. To put that $25 million into perspective, you’d need to make $500,000 a year for 50 years to amass $25 million. I sense we ALL have some catching up to do…