5 ms·
The averages are blown way out by the top. The median never tops $300k, so no, most people are not millionaires by their 30s
by sumeno 5y ago
The averages are blown way out by the top. The median never tops $300k, so no, most people are not millionaires by their 30s
- naveen99 5y agoIf we valued people’s net worth like we value companies listed on the nasdaq, with P/E ratios of 40, median us worker with earnings of 60k, is at $2.4 million before 30. Note, the median salary of nasdaq listed company employees is probably not much higher than 60k without whom the companies wouldn’t sustain their own valuations.