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How Much Money to Be Considered Wealthy in 2025: $2.3 Million Net Worth Needed Nationwide | Regional Wealth Thresholds ($3M West, $1.8M South) & Financial Comfort Benchmarks" Key Takeaways Americans now believe $2.3 million net worth makes you wealthy in 2025 The wealth threshold dropped from $2.5 million in 2024 surveys Geographic location dramatically affects wealth perceptions Connecticut leads with highest average net worth at nearly $920,000 Top 10% of families need minimum $1.22 million net worth Rising costs and inflation continue reshaping wealth expectations Real financial security requires different amounts than perceived wealth Investment strategies must align with actual wealth-building goals The New Wealthy Benchmark: $2.3 Million and Climbing Money talks differently now. Americans now believe it takes an average of $2.3 million to be considered wealthy in 2025, according to recent surveys. This number dropped slightly from last year's $2.5 million figure...

  Key Takeaways Trump considers eliminating capital gains tax on primary home sales, linking it to Fed rate cuts . Current law exempts $250K (single) / $500K (married) gains since 1997—unadjusted for inflation . 29M+ homeowners could exceed exemption thresholds today; high-cost areas hit hardest . Critics argue removal primarily benefits wealthy sellers (avg. net worth: $5.7M) . NAR claims tax creates “stay-put penalty,” freezing inventory as seniors delay downsizing . The Proposal in a Nutshell Trump’s Oval Office remarks hit like a whiskey shot—no chaser. “We are thinking about no tax on capital gains on houses,” he told reporters, flanked by leather chairs and Philippine President Ferdinand Marcos Jr. . He framed it as a housing market fix, snarling that the Federal Reserve’s refusal to slash rates forced his hand. “If the Fed would lower the rates, we wouldn’t even have to do that” . Within hours, Rep. Marjorie Taylor Greene claimed his words endorsed her  No Tax on Home S...