4 ms·
Last I recall, 1% INCOME is about 700K per year household income (this maybe out of date by now) - a couple of professionals in their 40s in NYX (my peer group)
by xyzelement 3y ago
Last I recall, 1% INCOME is about 700K per year household income (this maybe out of date by now) - a couple of professionals in their 40s in NYX (my peer group) who has some investments, pulls that in pretty consistently.
I'll make this point again. If in the 90s your parents made you take the hard math classes, try for the AP courses, try for the magnet school, try for a good college/major/scholarship, you're on track to earn 350K at baseline.
If this really bothers you, fine - let's talk top 10%. Going from broke-ass to top 10% is an impressive feat. top-10% is under 170K.
- alexilliamson 3y agoCongrats on having good parents! However, I believe that most of this discussion applies to those less fortunate poor kids with shitty parents.