Stop Acting Rich: . . . And Start Living Like a Real Millionaire

Appendix B. The Millionaire Profile

Age (median years)

57

Marital Status
Married, never divorced	59.0%
Now married	32.0%
Never married	2.2%
Separated/Divorced	4.0%
Widowed	3.0%

Total household annual realized income (median)

$212,888

Net value of household's investments (median)

$2,229,690

Percent who received 0.0 percent of last year's income from trusts, estates, or gifts from relatives

87.0%

Percent who never received any inheritance, gifts, estates, and/or trusts

68.0%

Home and Neighborhood
Homeowner	98.0%
Market value of home 2006 (median)	$827,249
Market value of home 1996 (median)	$453,238

Educational Background
Graduated college	90%
Graduated in top 5% of college class	22%
Paid for 100% of all college expenses	32%

Primary Occupation
Business owner/self-employed	28%
Senior corporate executive	16%
Middle manager/executive	11%
Engineer	9%
Physician	8%
Marketing/sales professional	7%
Attorney	5%
Education[81]	3%
Accountant	2%
Homemaker	2%
Other, including: tradesman, craftsman, artists/entertainers, clergy, economist, financial advisor, real estate investor, consultant, programmer	9%

Parents of Millionaires
Parents divorced prior to respondents eighteenth birthday	11%

Mother's Primary Occupation
Full-time homemaker	61%
Secretary/clerical worker	8%
Blue-collar worker	7%
Educator	6%
Sales/marketing professional	3%
Nurse	3%
Business owner/self-employed	3%
Other, including: executive, physician, financial advisor, civil servant, middle manager, engineer, attorney, artist/entertainer	9%

Father's Primary Occupation
Blue-collar worker	24%
Business owner/self-employed ...