$5 Million? That's Rich!

Spectrem Group surveyed a bunch of affluent households, asking the householders how much it took to be rich. Today's Wealth Report blog reports that most of the respondents thought they'd need at least $5 million. A third, more realistically, believed at least $25 million and maybe even $100 million would be required.

Much depends, of course, on whether you want a yacht and a jet.

The survey is a highlight of Spectrem's new web site, Millionaire Corner.