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  • SenorSimpai@lemmy.world
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    1 year ago

    1 million dollars over the last decade is 100k a year. That’s top 18% not top 5%. Top 5% would be over 350k a year. I’m just basing this off random Google stats so the numbers may shift a little but 100k is definitely upper middle class at best

    • redballooon@lemm.ee
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      1 year ago

      A millionaire is a person who’s net worth is a million or more. As you noted that’s quite different from having had paychecks that sum up to a million.