In the EU, we say that people with a disposable income (adjusted for family size) below 60 percent of the median national income are at risk of poverty. But are income flows sufficiently precise and accurate to evaluate households’ economic well-being and poverty rate? Real and financial assets are essential to meet everyday life needs and to face adverse income shocks. This report from the Institute for Research on Poverty studies how wealth can be integrated into the analysis of poverty and defines asset-based measures of poverty, taking into account potential empirical and conceptual problems.