America is minting "everyday millionaires" faster than ever before — 1,000 per day in 2024, according to the UBS Global Wealth Report 2025. But for many people, having a seven-plus-figure net worth doesn't necessarily translate into feelings of financial security. In fact, according to Northwestern Mutual's Planning & Progress Study, only one-third (32%) of American millionaires consider themselves "wealthy," and nearly half (48%) say their financial planning needs improvement.