Anonymous
01/28/2017 10:13
Subject: How much do I need to earn per yr to be considered millennial one-percenter?
Top 1% of income is quite quite different from top 1% of wealth. To be in the wealthiest 1%, you need assets of more that 8.4 million. Superwealthy folks in this bracket own around a third of the US financial assests (wildly disproportionate to their share of the population).
The world's eight wealthiest people own the same amount of wealth as half of the human population.
These are the true measures of income inequality. A 30 yo earning +100K is upper middle class.
The world's eight wealthiest people own the same amount of wealth as half of the human population.
These are the true measures of income inequality. A 30 yo earning +100K is upper middle class.
Anonymous
01/28/2017 09:21
Subject: How much do I need to earn per yr to be considered millennial one-percenter?
Anonymous
01/27/2017 22:02
Subject: How much do I need to earn per yr to be considered millennial one-percenter?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Easily $400K. Many of my friends at 30 make $250,$300.
What do your friends do for a living? You must know that your experience with these salaries is not typical, right? If not, you live in a bubble.
No, of course it's not typical. Op asked for 1%. This is what that looks like. They are private equity, investment management or Ibank mostly.
It's already been established that the 1% mark for millenials starts well below 400k, which makes your information both inaccurate and irrelevant. Because no, that's not what the 1% threshold looks like for millenials.
Established by what? Trump's alternative facts?
Anonymous
01/27/2017 21:35
Subject: How much do I need to earn per yr to be considered millennial one-percenter?
The folks angry at the fact that the millenial 1% threshold is 106k are most likely the same people who believe that 300k in DC is "middle class."
And no, it's not, given the fact that fully half of families in DC are living on 93k or less. Remember: the middle class isn't the life you think you should be living, or the fact that you don't have as much money as you think you should. It's the middle 1/3rd (or middle 3/5ths) of incomes.
And no, it's not, given the fact that fully half of families in DC are living on 93k or less. Remember: the middle class isn't the life you think you should be living, or the fact that you don't have as much money as you think you should. It's the middle 1/3rd (or middle 3/5ths) of incomes.
Anonymous
01/27/2017 21:29
Subject: How much do I need to earn per yr to be considered millennial one-percenter?
LOL...classic DCUM. People argue about a figure and post wildly inflated numbers based on their own idealizations of wealth. Actual numbers are posted and the same people argue it's incorrect due to cognitive dissonance between expectations and reality.
Anonymous
01/27/2017 21:27
Subject: How much do I need to earn per yr to be considered millennial one-percenter?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Easily $400K. Many of my friends at 30 make $250,$300.
What do your friends do for a living? You must know that your experience with these salaries is not typical, right? If not, you live in a bubble.
No, of course it's not typical. Op asked for 1%. This is what that looks like. They are private equity, investment management or Ibank mostly.
It's already been established that the 1% mark for millenials starts well below 400k, which makes your information both inaccurate and irrelevant. Because no, that's not what the 1% threshold looks like for millenials.
Anonymous
01/27/2017 21:26
Subject: How much do I need to earn per yr to be considered millennial one-percenter?
Anonymous wrote:Anonymous wrote:So many out of touch posters in this thread.
http://fusion.net/story/41833/wealth-gap-calculator-are-you-in-the-millennial-one-percent/
106k. That's it.
That's bullshit because it's counting 18-23yo, who are still undergrads, and even 18-25yo who are still in law or graduate school. I'd be more interested is a study that isolates 27-34yo. If I had to guess, it's probably more like 136k.
You don't realize how stupid you sound. The word "millenial" doesn't have an asterisk beside it knocking out college students. The OP didn't ask for "a study that isolates 27-34yo"; the OP asked for the 1% threshold for millenials. Your question is not the OP's question, which makes your bullshit...just that.
Anonymous
01/27/2017 21:23
Subject: How much do I need to earn per yr to be considered millennial one-percenter?
Anonymous wrote:Anonymous wrote:So many out of touch posters in this thread.
http://fusion.net/story/41833/wealth-gap-calculator-are-you-in-the-millennial-one-percent/
106k. That's it.
This is the dumbest thing I've read in awhile. Being in the 1% implies you are doing doing amazing well. Rich even! 106k probably puts you in the bottom 50% of DC. You can't even afford a nice apartment with that income, so not, definitely not the 1% threshold.
Read your post for some truly dumb banter. The median HHI in DC is 93k. Come back when you have a basic knowledge of how income is distributed.
Anonymous
01/27/2017 20:54
Subject: How much do I need to earn per yr to be considered millennial one-percenter?
Anonymous wrote:Anonymous wrote:So many out of touch posters in this thread.
http://fusion.net/story/41833/wealth-gap-calculator-are-you-in-the-millennial-one-percent/
106k. That's it.
This is the dumbest thing I've read in awhile. Being in the 1% implies you are doing doing amazing well. Rich even! 106k probably puts you in the bottom 50% of DC. You can't even afford a nice apartment with that income, so not, definitely not the 1% threshold.
Actually being in the top 1% would simply mean that you earn more than 99% of the rest of the population.
This isn't broken down by generation OP, but it gives you a quick reference - http://money.cnn.com/calculator/pf/income-rank/
Anonymous
01/27/2017 20:53
Subject: How much do I need to earn per yr to be considered millennial one-percenter?
Anonymous wrote:Anonymous wrote:Easily $400K. Many of my friends at 30 make $250,$300.
What do your friends do for a living? You must know that your experience with these salaries is not typical, right? If not, you live in a bubble.
No, of course it's not typical. Op asked for 1%. This is what that looks like. They are private equity, investment management or Ibank mostly.
Anonymous
01/27/2017 19:58
Subject: How much do I need to earn per yr to be considered millennial one-percenter?
For a millennial? Prob $125K.
Anonymous
01/27/2017 00:27
Subject: How much do I need to earn per yr to be considered millennial one-percenter?
Anonymous wrote:Anonymous wrote:So many out of touch posters in this thread.
http://fusion.net/story/41833/wealth-gap-calculator-are-you-in-the-millennial-one-percent/
106k. That's it.
This is the dumbest thing I've read in awhile. Being in the 1% implies you are doing doing amazing well. Rich even! 106k probably puts you in the bottom 50% of DC. You can't even afford a nice apartment with that income, so not, definitely not the 1% threshold.
Being a 1% millennial means that you're still young and that you'll make more money, presumably, as you get older. The article isn't dumb.
Anonymous
01/26/2017 23:32
Subject: How much do I need to earn per yr to be considered millennial one-percenter?
Anonymous wrote:So many out of touch posters in this thread.
http://fusion.net/story/41833/wealth-gap-calculator-are-you-in-the-millennial-one-percent/
106k. That's it.
This is the dumbest thing I've read in awhile. Being in the 1% implies you are doing doing amazing well. Rich even! 106k probably puts you in the bottom 50% of DC. You can't even afford a nice apartment with that income, so not, definitely not the 1% threshold.
Anonymous
01/26/2017 22:52
Subject: How much do I need to earn per yr to be considered millennial one-percenter?
Anything that doesn't come from your parents, including house payments, cars, paying for your vacation etc. shouldn't be tough
Anonymous
01/26/2017 22:47
Subject: How much do I need to earn per yr to be considered millennial one-percenter?
Anonymous wrote:Easily $400K. Many of my friends at 30 make $250,$300.
What do your friends do for a living? You must know that your experience with these salaries is not typical, right? If not, you live in a bubble.