What's it take to feel rich? Fidelity gives exact figure

Updated

Exactly how much money does it take to feel rich? A new survey by Fidelity Investments suggests that hitting the old $1 million in assets mark isn't what it used to be.

In its third, annual Millionaire Outlook, released Wednesday, Fidelity found that 46 percent of wealthy Americans who described themselves as millionaires don't feel wealthy, nearly twice as many as last year. Respondents cited stock market losses as the main reason for their guarded outlook. However, those with at least $1.8 million in investable assets were more inclined to classify themselves as "wealthy."

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