This joint convening with the Aspen Institute Financial Security Program sought to lay the foundation for creating empirical measurements of how much wealth is “essential” for a U.S. family to thrive—defined as being able to benefit from functions of wealth, such as resilience to economic shocks and the capacity to invest in mobility and opportunity.

Event Highlights:

• Explored potential strategic and methodological approaches to creating new metrics for essential wealth.
• Identified how key parties might use the metrics to better understand how families benefit from having this essential amount of wealth and guide their organizations’ efforts to support wealth building.
• Heard from leaders in communities that experience financial hardship about their perspectives on wealth, their financial goals, and what they need to thrive.
• Surfaced potential solutions to the technical challenges involved in developing essential wealth metrics.

This was an invitation-only event.