Warning: Some posts on this platform may contain adult material intended for mature audiences only. Viewer discretion is advised. By clicking ‘Continue’, you confirm that you are 18 years or older and consent to viewing explicit content.
Even with the value of your house and 401k, it’s still very hard to believe. I just did a quick Google search and the 90th percentile in 2001 is 1.6 million, which seems more accurate.
The top 10% includes all the people in the top .01% which skews the average higher. You might only need about 1.6 million to be in the top 10% but the average will be higher.
Even with the value of your house and 401k, it’s still very hard to believe. I just did a quick Google search and the 90th percentile in 2001 is 1.6 million, which seems more accurate.
The top 10% includes all the people in the top .01% which skews the average higher. You might only need about 1.6 million to be in the top 10% but the average will be higher.
Ah, that makes sense. Appreciate the explanation.