7 Things the Wealthy Worry About When It Comes to …

Rich People Worry, Too. Here Are Their Biggest Concerns ... - MSN2 out 3 millionaires in the US don’t consider themselves rich — here ...7 Cheap Money Habits That Are Common for the Super Rich - MSN

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Why do wealthy people worry about money?

Another major worry for wealthy people when it comes to money is estate planning. This means planning for what happens to their property and assets after death. “They’re often concerned about efficiently passing down their wealth to their family while minimizing estate taxes. This involves complex planning and Trust structures,” Cisnero said. ...

Do rich people worry?

Rich People Worry, Too. Here Are Their Biggest Concerns, According to Advisors. Wealth can bring happiness, but also new sources of worry, financial advisors say. What’s so great about being rich? Mötley Crüe drummer Tommy Lee may have said it best: “The best thing about being rich is the freedom; freedom to do whatever you want whenever you want. ...

Should you let go of your money worries if you become rich?

But given the other factors that affect money worries by the rich, it still may not be enough. For many, letting go financial concerns isn’t within their personal makeup. If you think all your money worries will go away if you become rich, think again. The rich may not worry about the day-to-day survival issues that the middle class does. ...

Why do people fear running out of money?

Nell Cordick, financial advisor, Bogart Wealth: Money is relative; it causes the same stress for someone who has a very low income as someone who is very wealthy. My clients are all wealthy, and they have the fear of running out of money. ...

Do Money Worries stop when you reach a certain level of wealth?

While you might think money worries stop once you reach a certain level of wealth, they don’t. Unlike regular folks, who tend to have a “magic retirement number” as a financial destination, being rich just seems to open new concerns. Are the concerns of the rich legitimate, or is it just a matter of enough will never be enough? ...

Do you have financial concerns if you aren't rich?

To the average person who isn’t rich, that may seem to be the case. But to the wealthy, there’s a whole set of financial concerns others may not trouble themselves with to the same degree. What are those concerns? ...