Here’s the Net Worth Americans Say You Need to Stop Stressing About Money

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Unless you were born into generational wealth, you’ve probably worried about money at one time or another. But if your goal is to have enough money so you don’t have to worry about it, have you thought about how much that would be? What’s the magic number you need to see in your bank account so that you don’t worry anymore?

Investment firm Charles Schwab’s 2025 Modern Wealth Survey asked 2,000 Americans ages 21 to 75 how much money they thought was needed to be considered “financially comfortable” — here’s what the survey found.

Net Worth Needed to Feel Financially Comfortable

The survey found that the average net worth needed to be “financially comfortable” is $839,000. This is an increase from the $778,000 figure from 2024, but down from the $1 million people said they needed to be financially comfortable in 2023.

Net Worth Americans Say Defines Wealth

Survey respondents were also asked how much money it takes to be considered wealthy. This year’s response of $2.3 million was down from the 2024 response of $2.5 million, but up from $2.2 million in 2023.

However, 63% of respondents said it takes more money to be wealthy this year than last, citing inflation, the cost of living and increased interest rates.

Generational Net Worth Benchmarks

The amount of money needed to be financially comfortable or to be considered wealthy varies by generation.

• Gen Z survey respondents said they think that $329,000 is sufficient to be financially comfortable, and $1.7 million is the amount needed to be considered wealthy.
• Millennials said that a net worth of $847,000 will make you financially comfortable. If you have $2.1 million, you’d be considered wealthy.
• For GenX, the amount of money needed to be financially comfortable is $783,000. In order to be considered wealthy, you’d need $2.1 million.
• Of all the age cohorts, boomers had the highest expectations. They felt that you need $943,000 to be financially comfortable, and $2.8 million to be considered wealthy.

Are Americans on Track for Wealth?

The Schwab survey also asked if people felt they were on track to be wealthy, or if they were already there.

• Over a third (35%) said they are already wealthy or on track to get there
• 26% said they may be wealthy someday, but will have to make changes in their life to get there
• 30% said they don’t think they will ever be wealthy

There’s more optimism among younger generations.

• 43% of Gen Z respondents said they are wealthy or are on track to get there
• 42% of millennials said they are wealthy or are on track to get there
• 33% of Gen X said they already are or are likely to be wealthy
• 20% of boomers said they already are or are likely to be wealthy

When asked whether they were or expected to be financially comfortable, nearly half of Americans (48%) said they are comfortable now (20%) or are on track to be (28%). One quarter (25%) said they thought they could be comfortable but would need to make changes to get there. Slightly more (27%) said they don’t think they’ll ever be financially comfortable.

Similarly to the question about being wealthy, there was more optimism among younger respondents that they are or will be comfortable.

• 57% of Gen Z and 54% of millennials said they are or expect to be financially comfortable
• Just 45% of Gen X and 39% of boomers said the same

How much money you need to stop worrying about money depends on your particular situation, of course. But knowing how others in your age group look at financial comfort may make you feel better about your position, or it may motivate you to work harder to get to the point where you don’t worry about money anymore.

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