Okaaaay, but I've never had a new car, have zero savings, and despite making more money than I ever have in my entire life, I still don't even clear $50k before taxes. But I guess if it's not that hard to achieve I'll just go ahead and grab these boot straps here and- oops! They broke.
MnemonicBump
joined 2 days ago
I don't and do not know anybody that owns a home. That seems like a thing from a bygone era to me tbh, and I accepted a LONG time ago that I will die working. There's no way, even with the magic of compound interest, that I could save enough to retire without starving to death.
To be considered in the richest 10% of the world population, you would need a net worth of approximately $130,000 (as of late 2024). I don't personally know anybody just sitting on 130k of money and assets. If you are, good for you, but many of us are not.
The chances of an average American being in that group is comparatively high compared to much of the world (around 50%), but still on the "Chances are..." forgone conclusion of your comment
Yes, like I said, "around 50%" in the U.S. I'm just saying the phrase, "Chances are you're in that 10%" is highly reductive and ignorant considering that half of Americans are not, in fact, passing that threshold.