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You Might Be Richer Than You Think

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A global wealth report raises the question: how much do you need to be in the top one percent? How much do you need to be considered “rich?” The report says more than 19-million Americans are in the one percent worldwide and a lot of KTRH listeners might be closer to that than they think, at least on the world level. “You’re gonna need about $800,000 per year, in terms of income, to be in the top one percent.” STA Wealth Management President Michael Smith says if you’re in the top 10% you’re rich.

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