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re: 100k Club
Posted on 8/23/22 at 1:22 pm to lynxcat
Posted on 8/23/22 at 1:22 pm to lynxcat
quote:
This post is really only applicable for the MTB slice of posters...a miniscule percent of the population ever touches 400K HH income or more.
It is bigger than you think probably due to income mobility. $400k is the top 1.8% of households but 12% of the population will find themselves in the top 1% for at least 1 year. 39% will be in the top 5% at least 1 year.
The first link I clicked on didn't have the numbers to reach top 2% but probably around 20% based on the 12% and 39% numbers.
This post was edited on 8/23/22 at 1:22 pm
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