this post was submitted on 17 Sep 2024
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To me net worth makes the most sense. I do agree 1% isn’t as high as people think. When people talk about the 1% they are probably thinking more about the top 0.1% or even 0.01%.
Looking just at the states with ~330 million people that would be 3.3 million 1%ers. Tons of people who never made huge salaries, but are great at saving and investing will be in that category.
Thank you.