As inflation has pushed up grocery bills, splurging on healthy food has become a way to signal affluence. Erewhon’s shelves meet the moment https://t.co/nQVTW1htqO ...

Affluence leads to the sort of carelessness F. Scott Fitzgerald wrote about in “The Great Gatsby”, creating people who “smashed up things…and then retreated back into their money” https://t.co/uWcJFED2rl ...

Core Insights - There is a growing gap between high income and high net worth, with many high earners feeling financially insecure due to debt and lifestyle inflation [1] - The threshold to be considered affluent has increased significantly, now requiring a net worth of at least $1.8 million or an annual income of $210,000 [2] Group 1: Millionaire Demographics - Of the 23 million millionaires in the U.S., only 12.2 million are classified as affluent, with 57% of affluent individuals being Gen Xers [3] - Baby boomers, despite being only 12% of affluent households, account for 42% of affluent spending, controlling a significant portion of the $85 trillion in wealth [3] Group 2: Income and Net Worth Trends - The income required to be considered affluent rose by 24% from 2019 to 2023, driven by labor shortages and strong income growth [4] - The S&P 500 saw an 83.7% gain over five years, and housing prices increased by 28%, contributing to the rising thresholds for affluence [5] Group 3: Regional Variations - Affluent income and net worth thresholds vary significantly across the U.S., with California requiring an income of about $236,000 and a net worth of about $2 million, while Arkansas requires $182,000 and $1.6 million [6]

The quietly ultra-rich live with subtle indicators of affluence—and most aren’t actually that expensive.Here are five. 🔗: https://t.co/HqUFkcA7AD https://t.co/wKjisDvrOP ...

The quietly ultra-rich live with subtle indicators of affluence—and most aren’t actually that expensive.Here are five. 🔗: https://t.co/Surq8jSkR8 https://t.co/KxkXPebxgq ...

The quietly ultra-rich live with subtle indicators of affluence—and most aren’t actually that expensive.Here are five. 🔗: https://t.co/PhqgnpB87w https://t.co/NtikwDLfcG ...

The quietly ultra-rich live with subtle indicators of affluence—and most aren’t actually that expensive.Here are five. 🔗: https://t.co/xnlRqataoW https://t.co/2DZjpnyLNA ...

The quietly ultra-rich live with subtle indicators of affluence—and most aren’t actually that expensive.Here are five. 🔗: https://t.co/Uc8bc67rAs https://t.co/UG7UbXIx5X ...

Top earners in the U.S. make six figures or more per year. Other measures of affluence aren't directly related to income. https://t.co/VbzLSep7YD ...

The quietly ultra-rich live with subtle indicators of affluence—and most aren’t actually that expensive.Here are five. 🔗: https://t.co/8p2xPso5kJ https://t.co/HslVHH0hgI ...