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New Study Confirms Wealth Directly Correlates with Increased Happiness

Research challenges previous beliefs, showing no plateau in happiness for ultra-wealthy individuals.

  • Millionaires and billionaires report significantly higher life satisfaction than those with lower incomes.
  • Previous studies suggested a happiness plateau at $60,000-$90,000, but new findings dispute this.
  • The difference in happiness between high and middle-income earners is nearly three times greater than between middle and low-income earners.
  • The study used data from multiple sources, including past research on millionaires and the richest Americans.
  • Higher wealth provides more life choices and greater autonomy, contributing to increased happiness.
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