3 ms·
Not that relevant to the argument, but you're right that the numbers are way off. For a 26-year-old, $200k is in the top 1%, but probably not in the top 0.1% (a
by evanpw 10y ago
Not that relevant to the argument, but you're right that the numbers are way off. For a 26-year-old, $200k is in the top 1%, but probably not in the top 0.1% (and definitely not top 0.01%). I don't know anything about tech salaries, but there are lots of 26-year-olds making that much in finance (total comp, not salary).
[1] http://www.census.gov/prod/cen2010/briefs/c2010br-03.pdf http://www.census.gov/prod/cen2010/briefs/c2010br-03.pdf (roughly 4M 26-year-olds in the US; 0.01% is 400 people)
[2] http://www.theatlantic.com/business/archive/2014/10/the-top-1-percentand-01-percentof-every-age-group-in-america/382094/ http://www.theatlantic.com/business/archive/2014/10/the-top-... (for 27-31, 1% = $135k, 0.1% = $300k)
[3] https://dqydj.com/income-percentile-by-age-calculator/ https://dqydj.com/income-percentile-by-age-calculator/ ($200k is within the top 1% for 26-year-olds)
- vostok 10y agoI think it is relevant because I would be willing to take a quality of life hit to be in the "top 1% of 1%" that I wouldn't take to make $200k. I make more than $200k, but I suspect that I'm nowhere close to the top 1 bps.