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Reply to "Top 1% of Retirees Have 16.7M"
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[quote=Anonymous][quote=Anonymous]These “top x% have $y” studies are interesting, because they include the outsized mega rich, billionaires, etc. those must pull the numbers up a lot, when it comes to the average of the top 1% figures. I’m curious if you did the average of the top 99% to 99.95% and took off the very top 0.05% what the average would look like. I bet it’s much lower than $16M[/quote] Typically, the numbers refer to entry level for a particular threshold. The article in the OP did not explicitly state this. However, as it was cast in terms of retirees, the $16 million could well be the entry level. It would be lower if it included both retired and non-retired.[/quote]
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