For millennials, just $2.2 million in the bank would qualify someone as rich; boomers and GenXers actually pin that number at more than $2.6 million.
How much money does it take to fall into that hallowed category of “rich”? And who's most determined to get there?
It depends on their generation, but while 49 percent of Americans work with the intent to be rich, according to a survey from Senior Living, millennials are the most focused on it, with 57 percent saying that's their end goal—compared with 41 percent of GenXers and just a quarter of boomers.
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Marlene Satter
Marlene Y. Satter has worked in and written about the financial industry for decades.
