750 San Francisco residents found only 16% felt financially secure due to high cost of living and expensive housing.
750 San Francisco residents found only 16% felt on top of their finances, citing high cost of living and expensive housing as obstacles. A Charles Schwab survey revealed the perceived net worth required to be wealthy: $2.5m nationally by 2024, $2.8m for Boomers, and $1.2m for Gen Z. In 12 major US cities, San Francisco required $4.4m, with other cities ranging from $2.2m to $2.9m.
August 21, 2024
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