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In the US, you only need $1million assets (excluding primary residence) or $200 annual income. And that can be joint with spouse ($300k limit for that). Most FA
by alistairSH 3y ago
In the US, you only need $1million assets (excluding primary residence) or $200 annual income. And that can be joint with spouse ($300k limit for that). Most FAANG employees should be capable of meeting that bar if they put some effort into it. Heck, most white-collar couples in high income areas will be there without being super-high relative income.
- MR4D 3y agoYour income level is wrong. It’s 200k for an individual or 300k if you’re married. https://www.sec.gov/education/capitalraising/building-blocks/accredited-investor https://www.sec.gov/education/capitalraising/building-blocks...
- hef19898 3y agoStill doable for a white collar couple so.
- alistairSH 3y agoThat’s what I get for responding while looking at multiple sets of regulations. $250 is the income limit in Australia.