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Study: Connecticut Ranks Second in Millionaire Density

We practice law in the state of Connecticut, and people who live here would say that it is one of the best places to live in the entire country. Thousands of individuals who can afford to live anywhere choose to call Connecticut home, so there are a lot of wealthy people here. A study was conducted recently by Phoenix Marketing International. They wanted to determine the density of millionaire residents state-by-state. The study found that the state of Connecticut has the second-highest density of millionaires. Researchers determined that 7.3 percent of Connecticut households have a net worth of at least $1 million. When you achieve your financial goals, you have reached a satisfying plateau, but there is a responsibility that goes along with success. You have to preserve your wealth for the benefit of the loved ones that you will be leaving behind, and this can be challenging. Even if you are very careful about your own actions, you have to be concerned about taxation. There is a fed