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"U.S. millionaires are reporting a sunnier outlook about the economy, although nearly half of them don’t feel truly rich. Fidelity Investments released its fourth Millionaire Outlook survey this week, which studies the investing attitudes and behaviors of more than 1,000 millionaire households throughout the country.
The survey found that four in 10, or 42% of millionaires do not actually feel wealthy. This is down four points from 2009; however, those who said they did not feel wealthy reported they needed to have at least $7.5 million in investable assets to begin feeling wealthy again.
Those who did report feeling wealthy said they began to feel that way with $1.75 million in investable assets."
Read more: When a Million Dollars Just Won't Cut it - FoxBusiness.com
According to the 2010 Census, one in seven Americans were officially poor in 2009, meaning for individuals, they made less than $11,000, and a family of four, less then $22,500.
Who's feeling sorry for the rich folk here?
The survey found that four in 10, or 42% of millionaires do not actually feel wealthy. This is down four points from 2009; however, those who said they did not feel wealthy reported they needed to have at least $7.5 million in investable assets to begin feeling wealthy again.
Those who did report feeling wealthy said they began to feel that way with $1.75 million in investable assets."
Read more: When a Million Dollars Just Won't Cut it - FoxBusiness.com
According to the 2010 Census, one in seven Americans were officially poor in 2009, meaning for individuals, they made less than $11,000, and a family of four, less then $22,500.
Who's feeling sorry for the rich folk here?