Wealth Blog

Tuesday, January 31, 2012 6:49 pm
By Judy Martel · Bankrate.com

Interested in working your way into the top 1 percent of wage-earners? You’ll need a career that pays top dollar for a start, but how to determine which one has the most potential? The New York Times recently broke it down and uncovered a few surprises. For instance, only 1 in 8 attorneys are in

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Sunday, January 29, 2012 10:24 am
By Judy Martel · Bankrate.com

What tops the financial list of what the rich want? It may not be what you think. Although they do want to get richer, the top concern is probably the same as everyone else’s: to maintain their lifestyle in retirement. Cerulli Associates/Phoenix Market International surveyed high-net-worth individuals to find out what they are looking for

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Tuesday, January 24, 2012 6:31 pm
By Judy Martel · Bankrate.com

Do you need to have money to make money? Not necessarily. With dedication, consistency and time, it’s possible to start from scratch and end up at least in the top 10 percent of wealthiest Americans by the time you retire. According to researcher Spectrem Group, the number of U.S. households worth $1 million or more

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Sunday, January 22, 2012 10:41 am
By Judy Martel · Bankrate.com

Building wealth through investments isn’t so easy these days. During the nearly two-decade-long market boom that ended in 2009, it was much simpler to invest and forget it. But now, many investors are beginning to realize that safety won’t make them rich, even if they do sleep better at night. In spite of the drubbing

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Tuesday, January 17, 2012 5:01 pm
By Judy Martel · Bankrate.com

Although 71 percent of millionaires surveyed by PNC Wealth Management agree in theory with billionaire Warren Buffett that the rich should pay more in taxes to improve the economy, nearly half of them say they shouldn’t personally pay more because they’re not in the same league as Buffett. So, while only 20 percent say that

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Sunday, January 15, 2012 3:41 pm
By Judy Martel · Bankrate.com

The U.S. is meant to be the land of equal opportunity, but two-thirds of Americans believe we’re living in class warfare, according to the results of one poll. The wealthy have been under increased scrutiny since the Great Recession of 2009 and the Occupy Wall Street movement, with its “we are the 99 percent” call

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Tuesday, January 10, 2012 7:02 pm
By Judy Martel · Bankrate.com

Republican presidential candidate Mitt Romney leads in more than the Republican primaries: He’s the richest candidate in a decade, with a net worth of approximately $250 million. The last candidate to top that figure was Steve Forbes, the publishing magnate who ran in 2000. His personal net worth is estimated to be $450 million. But

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Sunday, January 8, 2012 11:16 am
By Judy Martel · Bankrate.com

Heavy-hitters such as billionaire businessmen Bill Gates and Warren Buffet often take center stage when talk turns to charitable giving, but a new segment of do-gooders has been grabbing headlines: celebrity philanthropists, or “celanthropists.” While actors Angelina Jolie, Brad Pitt, Sean Penn and Bono are well-known for their causes, the newest star to emerge in

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Tuesday, January 3, 2012 6:30 pm
By Judy Martel · Bankrate.com

Are you planning to focus more on your waistline or your finances in the new year? A survey by Allianz Life found that while 49 percent of Americans said they were more likely to make and keep a New Year’s resolution tied to diet and exercise, only 43 percent said they’ll keep one that leads

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Saturday, December 31, 2011 4:45 pm
By Judy Martel · Bankrate.com

If you earned $150,000 per year, would you say you were rich? How about if you had a total net worth of $1 million? The top 10 percent of wage-earners bring home $150,000 per year, and, according to the results of a Gallup poll, that’s the median salary required to be rich. Men by and

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