Millionaires Are on the Move…or Are They?

With cash to spare, millionaires can afford to move anywhere, at any time. Most, however, aren’t racking up frequent mover miles—in fact, they move less than the general population, reveals a recent study by the American Sociological Association.
The study uncovered a millionaire internal (within the U.S.) migration rate of 2.4 percent per year, below the 2.9 percent rate of the masses. The finding dismisses the notion millionaires are among the most mobile, and unravels concerns tha