2021 Modern Wealth Survey
Survey reveals Americans’ changing priorities around spending, saving and mental health.
Key findings
- Nearly two-thirds (64 percent) of Americans surveyed say they were savers in 2020, as opposed to spenders. In addition to balancing spending and saving, Americans are also taking a measured approach when it comes to their investments.
- Americans believe it takes an average $1.9 million in personal net worth to be considered “wealthy” in 2021. While that’s still more than double the actual average net worth of U.S. households1, it’s $700,000 below the bar set for wealth in Schwab’s 2020 survey, which was fielded before the pandemic outbreak.
Fact sheets
Select a city below to view a summary of key findings for that geographic region.
Boston | Chicago | Dallas | Denver | Houston |
Los Angeles/Orange County | New York City |
About the survey
The online survey was conducted by Logica Research from February 1 to February 16, 2021, among a national sample of 1,000 Americans aged 21 to 75. Quotas were set to balance the national sample on key demographic variables. Supporting documentation for any claims or statistical information is available upon request. The margin of error for the national sample is three percentage points.
Media Contact: Hibah Shariff
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1 Federal Reserve’s Survey of Consumer Finances released in 2020.