re: Are you in the 1% club?

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If you think $800k is low net worth, you spend too much time on the OT or with your financial peers and don't realize how hard this is for most people in this country. Think about average non baller incomes.

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It's really not much if you spend within your means and save/invest consistently your whole life. It does not take much to accumulate $1million over a career if you start early and stay with it.

ETA- "net worth" does not mean you have that amount in cash. It the net worth of all your assets(house, cars, camps, guns, jewelry, savings etc etc...)-total debt. And it's hard to put a cash value on people with pensions. For example, you would have to have over $1million saved to produce $30,000/year income with current interest rates-assuming low risk investments.