3 ms·
I always found this take a bit unbelievable as the details are off here. Most people in the $1m/y bracket can already live what this person claims is the $10-3
by tsunamifury 8y ago
I always found this take a bit unbelievable as the details are off here. Most people in the $1m/y bracket can already live what this person claims is the $10-30mm liquid bracket. You can also net-jets it and fly anywhere first class just fine. Heck I'm in the sub 1m/y bracket and I already have access to any suite I want in most any city, and can get most any car if I want and fly first class.
At the 10-30mm liquid bracket you are quite rich and can already buy any car you want, most homes based on income (3-5m/y+). Already at this bracket you can ALREADY call and talk with local and state level politicians regularly. And if you are a real smart mover, national politicians occasionally.
After that you get bigger boats, bigger yachts and maybe more headaches around international trade issues and regulations, but broadly not much else. You can indulge in some things you maybe can't get at the lower level -- but the brackets this person made up seem fictional. The major differences are your ability to invest and create companies/non-profits with little effort.
- drew1492 8y agoThat comment is using net worth, not yearly income, as the yardstick.
- tsunamifury 8y agoIf you look closely I delineate that in my comment as that’s why some of those brackets are off.