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A report by Bloomberg delved into the financial perceptions of America’s “regular rich,” revealing that despite high incomes and ownership of assets, many do not see themselves as wealthy.
Concerns about financial security and comparisons on social media have exacerbated feelings of inadequacy.
This disconnect between actual wealth and perceived well-being among the affluent spans demographics and professions.
The study suggests that financial advisers can help individuals gain clarity on their financial status and bridge the gap between income and wealth perception, aiding in setting realistic financial goals.
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