Household wealth in Switzerland has been increasing, leading to questions about how this affects consumer spending. From 1981 to 2000, there was a strong link between wealth, income, and spending, but since 2001, this connection has become unstable. The gap between these variables is unlikely to close in the near future. This applies to overall wealth as well as financial and housing wealth. Using a cointegration approach to estimate wealth effects has shown some fragility issues, emphasizing the need to check results carefully and consider alternative methods for estimating wealth effects.