As I replied to someone else in this thread branch, the threshold for entering the 1%, at least in terms of income, is nearly $330K a year annually. The plain r

As I replied to someone else in this thread branch, the threshold for entering the 1%, at least in terms of income, is nearly $330K a year annually. The plain reading of your last sentence is that about 30% of people make that at some point in your life, which... doesn't strike me as very plausible. Are you talking about net worth instead? That's still an argument that 30% of people have over $10M in assets (in 2019 dollars) at some point in their lives, and that... also strikes me as a stretch, honestly.