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[quote=Anonymous][quote=Anonymous]I saw this article and was surprised by it. I always thought of "top 1%" as being defined by income. We are top 1% by income ($1M) but not assets. We're in our 40s and have been at this income level for only a couple of years, so we're on our way to being top 1% for assets too - I'd say within the next five years.[/quote] You can calculate the top 1% either way--by income or by net worth. There are many who fall into the top 1% for one but not the other. Maybe the most telling number would be those who fall into both. [/quote]
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