Do you think you'll make it into the top 1%?

I'm curious how many think that at the peak of their and their household's careers and investments, they'll break into the top 1% of household incomes in their country for at least a year.


I'd also be very curious to see if there are national/international polls on this, or on what percentage of people have actually managed it. I haven't been able to find solid numbers yet.

EDIT: Just take the top option if you're already there.

 

I don't need to be in the top 1%. I'll be happy in the top 25% thank you and that is eminently achievable by me.

Globally, if you make $10,000 a year. You are in the top 13% richest people on the planet. People should be more grateful to Capitalism.

 

I don't think anybody needs to.

I'm just curious what you think of your chances are of happening to do so. I'm not sure where that threshold is today. I believe between $250,000 and $300,000 for the whole households' incomes including investments.

The poll is anonymous if you're worried about trolls.

 

I am not worried about what other people make/do. I live my own life, make my OWN objectives and let other people decide theirs.

Envy and jealousy will rot your insides and make you miserable.

there will always be people that have more of this or more of that or that are prettier or better singers or better conversationalists...people need to learn to focus on what they have, not what they don't have.

 

I'll make it into the top 50%. 'Course I started in the top 80%.

 

I have no desire to be part of the 1%, but I really don't have any gripes about those who are, provided they made their money legitimately. They don't owe me or anyone else anything, I'm not jealous, I have no envy.

 

Certainly seems do-able. I'm far from it at the moment, of course.

 

i think i can honestly and as soon as that happens will switch party affiliation to republican

 

If i dont make it i want my kids to have the opportunity. What's the alternative to Capitalism. Everyone poor? IF people can work their fingers to the bone and not make anymore than the guy down the street who sits on his can all day then why should they bother. Trickle down misery.

 

you are kidding the entire world.
1% represents the likes of ford and rockefeller.

polscie

 

The 1% cutoff is about $380,000 a year.

A person selling a good house can break into the 1% in a given year.

 

I am happy as I am , I do okay but I am not jealous of anyone with more , I got my kids love !!!

 

The epitomy of life is not to become the "1%". But not to mention you ARE the 1% by world standards. But I guess your envy of those that have what you don't blinds you to see that you have more than 99% of everyone else. When are YOU going to hand over your food, water, electricity, possesions so that the poor in Africa and south America stop starving?

Do you think the 99 people sitting under Bill Gates are looking for ways to bring him down? Well, maybe only George Soros, but what would you expect from a liberal greed machine? Be happy with what you got, or work harder for what you WANT.

 

You should have added the option of "I don't want to be the top 1%".

 

I know a number of people who became multimillionaires. I know I could have done what they did. I chose not to. But, unlike liberals I don't sit around and whine and say someone should take what those people earned and give it to me.

Some years ago I decided to quit working. I knew if I worked another ten years I'd have a lot more money. But, I chose time over money. I felt I had enough money. A friend of mine in his late sixties said he thought he had enough money, too, but his wife wanted him to work another ten years. I asked if he had a large life insurance policy.

So, no, I won't be wealthy. But, I'm old, I've had an enjoyable life. I had some wonderful times hiking alone in the wilderness. None of my multimillionaire friends have ever done that. I enjoy spending time traveling the two-laned roads on my Harley and visiting with people I met. My rich friends never did that either. I have a wonderful memory of chasing a bear in my underwear while my kids laughed at me. I remember skiing in to an undeveloped hot spring and soaking in the hot water with my family as we watched the snowing coming down.

But, I never owned a Rolex. But, the time is 7:20.

I have a question. How much is enough for you? I understand that President Obama, who personally has to have more, might think you already have enough.

 

Is that adjusted for purchasing power?

 

Those guys are/were more like .00000001%.

1% is your doctor if they're either good or if their spouse is also working.

Um. It's there. At the bottom of the choices.

That's liquidating an asset not income.

 

Yeah, but it is skewed with that crap about 99% pride. Actually I have 53% pride. The 53% that actually pay income taxes to keep this nation running.

 

I never set the top any percent as a goal. I set my goal to be financially independent according to my wants. I accomplished that. That anyone has more or less money than me is of no importance to me. Those that have more, that is their fault. Those that have less, its their fault. What I accomplished is my fault. In this instance fault/credit are interchangeable.

I'm still in the market but now playing safe rather than risk taking. I've been playing more and more safe since I turned 60 and had a heart attack and that's well, over a decade now. I doubt any investment I hold would increase to put me in the top 1%, but I have no need to be there. I never had any desire to have a crapper that has solid gold fixtures. I am happy with a good quality crapper that works as it is supposed to work.

 

Profits from the appreciation of an asset are income when liquidated. This rule put a lot of flippers in the 1% during the housing boom.

 

Well, if I'd stayed with the air freight biz from a flying perspective...
an experienced Captain flying a cargo 747-400F for FedEx, tops out at over
$200K annually. Not part of the 1% in annual earnings. but a very comfortable
living nonetheless.

As I understand it, the top 1% make at a minimum $1.6M annually.

As I'm in management now...in the management ranks of a bigger air freight company,
salaries are no where near $1.6M unless it's the upper tiers of management.

The CEO for FedEx makes about $9M annually...a definite 1 percenter...
lower and middle management, not even close.

Long story short, unless I win the lottery, I'll never be a 1 percenter and frankly
big money has never motivated in the first place...but I certainly don't begrudge
those who do make big money.

No one gets out alive...not even the wealthy; at least the last time I checked.

 

You're setting the cutoff a bit high. The top 1% included anyone who earned more than $380,354 in 2008. Although that is a few years ago, there is no way that it made an 800% jump in three years.

So your $200k is over half-way there. If you pick up another $180,000, you'll hit the top 1%. That is a big chunk of change, but doable.

 

I dont think the problem is wanting more or being happy with what you got..

The problem is people that are never happy with what they have got.. no matter how much they have got.... and are willing to break the rules to take what others have.

Liberal greed machine?... is that machine any different than the conservative greed machine?

I dont think I will ever make it into the 1%... and unless I win the lotto or discover and invest in the next APPLE in the pink sheets.. I wont. i dont worry about that though.. I am in the top 10% now as a household income and I am no happier or better off than when I was making 45K a year. My happieness has always revolved around being as Honest, secure and debt free as possible.

The only difference I can see if i became a multimillionare tommorow is the amount of free time I would have.. all the rest is pretty meaningless to me.

 

i doubt it unles i come up with something great in the automotive industry. but to be honest as long as i can stay living comfortably with in my means and i have a good fun for retirement i could care less. no doubt i would love to be in the top 1%, but i just dont think its truly realistic.

 

Like hiimjered said you were getting pretty close there. If you had some stocks that weren't tanking and a working spouse contributing to your household income you might have gotten there (well, if you'd gotten close to $200k)

And if your income peaked in the past the threshold at that point would have probably been lower.