SOURCE: Spectrem Group

February 26, 2013 08:00 ET

Investors Can Find Out How They Compare to Millionaires With New Online Tool From Spectrem Group's Millionaire Corner

CHICAGO, IL--(Marketwire - Feb 26, 2013) - Ever wonder if millionaires really are different from everyone else? Now investors can find out with the new How Do You Compare to a Millionaire? tool at online investor center Millionaire Corner.

Drawing on proprietary research about Millionaire Investors from its parent, Spectrem Group, Millionaire Corner is posting comparison questions twice a week that allow investors to gauge themselves against Millionaire Investors on everything from asset allocation to economic attitudes and use of mobile devices for finding financial information. Over time, Millionaire Corner will build an archive so that both aspiring millionaires and those who already have made it and are curious about how they compare to other millionaires can evaluate themselves on a wide range of issues.

Millionaire Corner is a premier independent online resource for investors and about investors. Backed by more than 20 years of research on wealthy investors, Millionaire Corner makes information about Millionaires and a variety of investment topics understandable, insightful, and interactive through:

  • Daily video and print financial news updates
  • Glossary, articles and videos in its Financial Literacy Institute
  • Infographics
  • Fact of the Day
  • Polls
  • White papers
  • Blog posts
  • Investor videos

"Our How Do You Compare to a Millionaire tool is a fun way to address a serious topic for many Americans," says Catherine McBreen, president of Millionaire Corner. "Spectrem Group research shows that 83% of affluent investors with at least $100,000 in net worth feel it is getting harder to achieve the American Dream. Millionaire Corner is designed to give investors tools and information to help them along the road to prosperity."

While Spectrem research shows more younger investors are likely to say money buys happiness, investors of all ages think money can buy security and other elements of the American Dream. What's more, they think it takes more money than ever: In a January, 2013 survey of 1,260 investors by Millionaire Corner, the minimum wealth level to be considered rich:

  • 27% said $1 million
  • 18% said $2 million
  • 16% said $5 million

About Spectrem's Millionaire Corner
Millionaire Corner is a premier independent online resource for investors and about investors. Drawing on more than 20 years of proprietary research and insight about wealthy investors from its parent, Spectrem Group, Millionaire Corner delivers timely, relevant and practical information and tools to help fuel financial growth for Millionaire Investors and aspiring millionaires. With its Find an Advisor service, investors are able to search and evaluate wealth financial and investment advisors.