Yet, we hardly feel rich." Americans say they'd need to earn $233,000 a year to feel financially secure and $483,000 to feel rich, according to a Bankrate survey conducted in June 2023. For Driver, getting rich isn't only about boosting one's income — it's about reducing one's expenses. To feel "rich," he guessed that he'd need an annual income of about $400,000 to $500,000 a year — more than triple his 2023 earnings. A high income can come with "lifestyle inflation"It's not just high-earning Americans who say they feel far from rich.

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Persons: —, Driver, they've, hasn't, Christopher Stroup, he's, haven't, he'd, Stroup, Abid Salahi, Salahi Organizations: Service, Business Locations: Pennsylvania, Santa Monica , California, Santa Monica, Cincinnati, Vancouver, Canada