What traits you have in common with millionaires?

Wealth personalities: 6 types of millionaires By Laura Bruce

*Wealthy is defined in this survey as $1 million or more in net worth, not including the primary residence.


Satisfied Savers
These are the folks you would love to have as your parents or grandparents -- happy, well-adjusted, and rich! They make up 24% of the wealthy* population and share these characteristics.
Average age: 60
Built wealth through hard work, by living below their means and taking moderate risks
Financially savvy
Lost relatively little in the bear market
Know how to make their money work for them
Enjoy making a difference through charitable efforts

Status Chasers
You've met them. You may envy their possessions, but you wouldn't want to be them. They comprise 18% of the wealthy* population.
Average age: 55
Achieved wealth through work and some inheritance
Want it all but haven't been able to achieve their major goals yet
Define wealth as a level three times their current net worth
Pessimistic about their own financial future
Less financially knowledgeable than their counterparts
Think of financial situation daily as a source of concern

Altruistic Achievers
These are the do-gooders of the bunch. Most of us can learn from them. Roughly 17% of the wealthy* population is composed of the philanthropists who share these qualities.
Average age: 54
Achieved wealth through work, some inheritance, good investments, owning a business, and living below their means
Self-made, driven to succeed, work hard, take risks
Use their wealth to help the less fortunate
Lack the time, interest, and know-how to manage finances; rely on professional management
Lost the most in the bear market
Only one-quarter plan to retire completely

Secret Succeeders
These people worked hard and had some luck and should be very happy, but they're not. They make up 17% of the wealthy* population.
Average age: 55
Self-made: built fortunes through working in professional and managerial positions, making one or two particularly good investments and not spending
Live below their means
Suspicious of showing their wealth -- fear they'll lose it
Among the least charitable
Group includes the greatest percentage that admit they'll do whatever it takes, including compromise principles, to stay ahead
Not especially financially savvy, but having financial control is key
Somewhat optimistic about their financial futures

Disengaged Inheritors
Fortunately, not all who inherit money fall into this category. These folks are proof that having money doesn't necessarily mean you're happy. They compose 13% of the wealthy* population.
Average age: 58
Received and built their wealth largely through inheritance, and living below their means
Second-wealthiest and second-oldest group
Lack the goals and drive to succeed
Think about their financial situation the least out of apathy and ambivalence
Not charitable, generally unhappy
Least financial know-how of the high-net worth segment

Deal Masters
The Donald Trumps of the world. "You're fired!" No, actually, if you have a fairly strong personality, these folks would be fun to know. They make up 11% of the wealthy* population.
Average age: 49
Have amassed the greatest wealth, self-made, self-reliant
Built wealth by setting goals, working hard, being persistent, taking risks, relying on their own financial know-how
Segment comprises the largest number of small business owners
"Winner takes all" attitude
Confident and optimistic
Enjoy the challenge of making money
Think about financial situation daily -- source of challenge, fun, and happiness
Lost the least in the bear market
One of the least charitable groups
Living their dream, little inclination to stop working
62% would rather be stressed than have nothing to do
Source: The Phoenix Companies Inc.