Interesting Survey conducted by the U.S. Trust……………………..
WHAT DO THE WEALTHY THINK ABOUT THEIR WEALTH? The U.S. Trust recently published a report based on a January-February 2011 nationwide survey of 457 high net worth adults with $3 million or more in investable assets. Here are a few of the interesting insights from the survey:
- The main ways the respondents accumulated their wealth were (respondents could choose more than one):
o 77% on their own through earned income
o 59% through investments
o 35% through employer equity/stock options
o 28% through real estate transactions
o 27% through inheritance
- The main factors that contributed to accumulating their wealth were (respondents could choose more than one):
o 84% cited focus and hard work
o 50% cited intelligence
o 45% cited personal values
o 35% cited luck
o 30% cited passion about their work
o 14% cited an overwhelming desire not to be poor
- Accumulating wealth did not come without cost as 47% said there were some sacrifices. Here are the main sacrifices in order:
o Haven’t taken enough time off
o Too busy to spend time with family
o Self-worth became defined by wealth
o Mishandled personal relationships
o Missed important milestones of family and friends
o Physical health suffered
What do you think?
Recent Comments