Show Notes
"How do you move from one level to the next? You copy the people in the level above you. In each one of these levels, I could see myself at each level thinking differently than I did at the last level. And that's how I was able to move from one level to the next."
What separates the wealthy elite from everyone else? Del Walmsley dissects a fascinating article from a CPA that breaks down the six distinct levels of wealth in America, from poverty to the elite 1%. But this isn't just about numbers—it's about the completely different mindsets and strategies that define each level.
Del reveals the median net worth and income for each level, but more importantly, he explains the psychological shifts required to move up. Having personally climbed from the bottom to the top 1%, Del shares the critical moment when he realized that wealth isn't about earning more money—it's about owning assets that work for you. He exposes why most people get trapped at their current level and the specific actions needed to break through to the next tier.
What You'll Discover
The exact net worth and income ranges for all 6 wealth levels (and which one you're in)
Why the "comfort trap" keeps people stuck at their current level indefinitely
The fundamental shift from earning income to owning income-producing assets that separates the wealthy from everyone else
Timestamps
02:15 The 6 Levels of Wealth: Complete Breakdown from Poverty to Elite
05:30 Level 1 - Poverty: $14K Net Worth, $21K Income, Living on Assistance
08:45 Level 2 - Low Middle Class: $71K Net Worth, $44.5K Income, Blue Collar Workers
12:20 The Job Trap: Why Having a Job Keeps You in Levels 1-4
17:35 Level 3 - Middle Class: $159K Net Worth, $71K Income, The American Dream
22:10 Level 4 - Upper Middle Class: $307K Net Worth, $115K Income, Doctors and Lawyers
26:45 Level 5 - Upper Class: $3.8M Net Worth, $189K Income, Business Owners
30:15 Level 6 - Elite Wealthy: The 1% Who Own Everything and Work for Nothing
32:40 The Comfort Trap: Why People Get Stuck at Each Level
Ready to Build Real Wealth Through Real Estate?
Want to understand how real estate investing actually works?
Attend our Free Real Estate Class - Perfect for beginners and those exploring their options
See Real Success Stories
Attend a Free Live Case Study Event - Learn from investors who broke through the wealth levels
Ready to move up to the next wealth level?
Join the Financial Freedom Program - Get the assets and mindset that create true wealth
Connect with Lifestyles Unlimited
Facebook | YouTube | Instagram | LinkedIn | TikTok
About The Del Walmsley Radio Show
About The Del Walmsley Radio Show: Retiring America, one person at a time with unconventional wisdom and real estate investing strategies that work.
The information and opinions on the Del Walmsley Radio Show are for entertainment purposes only and do not constitute investment advice. Please consult a professional regarding your personal investment needs.
