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The millionaire ranks keep swelling. 2004 finds more millionaire households than ever with a the biggest year-to-year increase according to a new survey by TNS Affluent Market Research Program.
The survey found a 33% increase in US millionaires (excluding primary residences) over last year from 6.2 million to 8.2 million households with about 50% of those being retired. The 8.2 million households represent approximately 7% of all U.S. households.
While the increase in millionaires last year was attributed to real estate investments, this year's increase was attributed more to ownership of stocks and bonds.
The survey found a 33% increase in US millionaires (excluding primary residences) over last year from 6.2 million to 8.2 million households with about 50% of those being retired. The 8.2 million households represent approximately 7% of all U.S. households.
While the increase in millionaires last year was attributed to real estate investments, this year's increase was attributed more to ownership of stocks and bonds.