Wealth of $4.4 million USD seems to get you to top 1% globally[0]. If you earn $500k and put $300k into a total market index fund that earns you 7% net growth

Wealth of $4.4 million USD seems to get you to top 1% globally[0]. If you earn $500k and put $300k into a total market index fund that earns you 7% net growth per year over 10 years, after 10 years, your wealth will have grown to $4.4 million[1]. (If you use the $200k the article uses for top 5%, assuming all income could somehow be invested, it'll take a bit over 13 years.) [0] https://www.businessinsider.com/net-worth-to-be-in-1-percent-top-richest-wealth-2021-2 https://www.businessinsider.com/net-worth-to-be-in-1-percent... [1] https://www.bankrate.com/calculators/savings/compound-savings-calculator-tool.aspx https://www.bankrate.com/calculators/savings/compound-saving...