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Let's look at it... a family making $250k a year, don't go into debt, max out your RIA, and your easily a millionaire before retirement. Then over the past 20 y
by codeddesign 10y ago
Let's look at it...
a family making $250k a year, don't go into debt, max out your RIA, and your easily a millionaire before retirement. Then over the past 20 years...increased home sales, salaries, company buyouts...etc. The average salary in silicon valley is $94k with 3 million people. If this is the average, only 2.5% of the population need's to make $500k or more and save for a few years.
http://www.bizjournals.com/sanjose/news/2014/09/24/silicon-valley-median-income-now-94-572-43-higher.html http://www.bizjournals.com/sanjose/news/2014/09/24/silicon-v...
http://sanfrancisco.cbslocal.com/2015/05/05/silicon-valley-population-reaches-estimated-3-million-people/ http://sanfrancisco.cbslocal.com/2015/05/05/silicon-valley-p...