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Satisfied Savers

 
 
Illustrations by Brandy Kesl

These are the folks you would love to have as your parents or grandparents -- happy, well-adjusted, and rich! They make up 24% of the wealthy* population and share these characteristics.

  • Average age: 60
  • Built wealth through hard work, by living below their means and taking moderate risks
  • Financially savvy
  • Lost relatively little in the bear market
  • Know how to make their money work for them
  • Enjoy making a difference through charitable efforts

*Wealthy is defined in this survey as $1 million or more in net worth, not including the primary residence.

Source: The Phoenix Companies Inc.

 
   
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* Mortgage rate may include points. See rate tables for details. Click here.
* To see the definition of overnight averages click here.

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