FINANCIAL ADVISOR EXPLAINS: The 6 Levels of Wealth In America
Tribox Private Wealth
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FINANCIAL ADVISOR EXPLAINS: The 6 Levels of Wealth In America
4 011 просмотров · 2 дн. назад
Tribox Private Wealth
1,35 тыс. подписчиков
4 011 просмотров · 2 дн. назад
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You can make $500,000 a year and still not be wealthy.
Income tells you how much money you make. Net worth tells you how much wealth you've actually built. In this video, Certified Financial Planner John Rojas breaks down six practical levels of wealth in America, from financially vulnerable households all the way to the top 1%.
We’ll look at how net worth changes across each level, why a high income doesn't necessarily translate into financial independence, and why the composition of your wealth matters just as much as the number itself.
For business owners, this becomes especially important. A large portion of your net worth may be tied up in your company, but that doesn't necessarily mean those assets are available to fund your retirement. Building personal wealth outside your business can give you more flexibility and reduce how dependent your future is on eventually selling the company.
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