Advancement Services Report

Provided as a service of Bentz Whaley Flessner

Wednesday, June 4, 2008

TNS Reports Another Record-Breaking Year for Millionaire Households

TNS has released results from its annual Affluent Market Research Program (AMRP). For the sixth consecutive year, TNS found that the number of millionaire households has increased significantly. Key findings from the survey include:

  • - Millionaire households (households with $1MM+ net worth, not including primary residence) increased by 5.9 percent from June 2006 to June 2007, reaching an estimated 9.9 million
  • - The mean age of the U.S. millionaire households is 66 with an average net worth (NIPR)of $4.6MM
  • - The single most important financial goal of surveyed millionaires (56 percent) continues to be "assure a comfortable standard of living during retirement"
  • - Retirement and education are top of mind for this population, with most often cited financial event in the past year of "rolled over a retirement account (13 percent);" followed by "paid for a child's education (9 percent)" and "paid for a grandchild's education (8.5 percent)."
View the full summary report.

Labels: ,


Post a Comment

Subscribe to Post Comments [Atom]

<< Home