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$652k per year is top 1% household income
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Date: December 24th, 2025 9:26 AM Author: .- .-. . .-. . .--. - .. .-.. . And this is legitimately shit given the current price of housing anywhere good. A decent house in a decent suburb is $1.5 million and you are buying yourself a $30k property tax bill for the most part when you buy this. Your life will suck even at the cusp of the 1%. You really need to be in the top half of 1% to be thriving.... (http://www.autoadmit.com/thread.php?thread_id=5813738&forum_id=2,#49536673) |
Date: December 24th, 2025 9:30 AM Author: The Soo CR National Champions JUGGERNAUT You need to not be relying on household income as a metric, that's for proles. (http://www.autoadmit.com/thread.php?thread_id=5813738&forum_id=2,#49536675) |
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Date: December 24th, 2025 9:39 AM Author: Buy your next house instantly with Zellow! The Fed jukes the stats on the Survey of Consumer Finances so the official net worth numbers are unreliable. I think the basic idea is to make rich people feel poor so they keep working hard. They pay a professor at NYU named Edward Wolff to serve as a propagandist putting out wealth "studies" with their fake numbers.
So officially the threshold for top 1% wealth is 10-15 mil but those numbers don't add up. About .1% of estates pay the estate tax because of being over 14 mil. Obviously some people use trusts and other strategies to avoid the estate tax but that's probably a more realistic metric. |
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Date: December 24th, 2025 1:03 PM Author: Kenneth Play (emotional girth) I don't totally follow. Don't most people who have $10 or $15m of wealth know how to hire tax advisors? (http://www.autoadmit.com/thread.php?thread_id=5813738&forum_id=2,#49537116) |
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Date: December 24th, 2025 9:52 AM Author: Todd Driskill True, “annual allowance received from daddy” is a far more accurate metric. (http://www.autoadmit.com/thread.php?thread_id=5813738&forum_id=2,#49536712) |
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Date: December 24th, 2025 9:54 AM Author: ,.,...,..,.,.,:,,:,.,.,:::,.,..,:,.,.:.:.,:.::,. (http://www.autoadmit.com/thread.php?thread_id=5813738&forum_id=2,#49536719) |
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Date: December 24th, 2025 9:55 AM Author: '"'"'"''" (http://www.autoadmit.com/thread.php?thread_id=5813738&forum_id=2,#49536721) |
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Date: December 24th, 2025 10:16 AM Author: The Soo CR National Champions JUGGERNAUT Net worth is, yes. Not something you'll ever have to worry about. (http://www.autoadmit.com/thread.php?thread_id=5813738&forum_id=2,#49536749) |
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Date: December 24th, 2025 9:54 AM Author: Marshall W. Waller Moar like Daddy’s Household Income
It’s so hilarious that your entire life of largesse is the result of tax avoidance schemes. If giving you money wasn’t tax advantaged you’d be begging CSLG for a job. |
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Date: December 24th, 2025 9:57 AM Author: black abyss (definite and ineradicable gauge of its upward moving) It's really a cautionary tale. If you go down the rabbit hole of trying to preserve your wealth and keep it in the family, you'll end up producing a son like RSF, who at 46 is divorced and has produced no heirs. That's no good. (http://www.autoadmit.com/thread.php?thread_id=5813738&forum_id=2,#49536726) |
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Date: December 24th, 2025 10:17 AM Author: The Soo CR National Champions JUGGERNAUT Beats being a 500 pound waste of life like you lmao. (http://www.autoadmit.com/thread.php?thread_id=5813738&forum_id=2,#49536751) |
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Date: December 24th, 2025 10:22 AM Author: The Soo CR National Champions JUGGERNAUT LOL nah, I made more than this from my actively managed accounts this year LMAO at thinking it's a lot. Not taking into account my "law salary" or $ made on professionally managed accounts. (http://www.autoadmit.com/thread.php?thread_id=5813738&forum_id=2,#49536764) |
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Date: December 24th, 2025 9:34 AM Author: Buy your next house instantly with Zellow! People cluster by income, probably more than they used to because of the centralization of economic activity in cities. , This has a serious mitigating effect on wealth disparities. Poor people aren't as poor as they seem because they often live in cheaper areas, rich people aren't as rich as they seem because they often live in high COL areas.
A couple with HHI of 200k living in the exurbs of a Sunbelt city is doing, not exactly great, but totally fine. A couple making a million a year in Manahttan can feel pinched. |
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Date: December 24th, 2025 9:38 AM Author: .- .-. . .-. . .--. - .. .-.. . Exactly, its a freakin hamster wheel. I make that million but Im looking at what I saved these last few years and its lulzy. The kids private schools basically mean Im not doing any better than a prole and all I get for it is kids who speak Hebrew, Russian and Mandarin on top in lieu of retards. (http://www.autoadmit.com/thread.php?thread_id=5813738&forum_id=2,#49536681) |
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Date: December 24th, 2025 9:40 AM Author: .- .-. . .-. . .--. - .. .-.. . What brought this thread on is that my wife got a $75k bonus which after tax will be more like $47k and instead of celebrating I just cut a check for my property taxes. Shit did absolutely nothing for us. (http://www.autoadmit.com/thread.php?thread_id=5813738&forum_id=2,#49536684) |
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Date: December 24th, 2025 9:47 AM Author: Buy your next house instantly with Zellow! Sorry brother. I got out of New York a long time ago and returned to my homeland in Red America. I make similar income to what you've poasted but the last couple of years I've been building my business, hiring people, buying land, buildings, etc. Taxes are almost an afterthought. (http://www.autoadmit.com/thread.php?thread_id=5813738&forum_id=2,#49536697) |
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Date: December 24th, 2025 9:42 AM Author: Hang Kikelensky NOW You posted your comp like 2 weeks ago you lying kike and it was well south of 1mm. (http://www.autoadmit.com/thread.php?thread_id=5813738&forum_id=2,#49536686) |
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Date: December 24th, 2025 9:45 AM Author: .- .-. . .-. . .--. - .. .-.. . No I didnt. And for the millionth time I have a 20% stake in a lab business that brings in $300k annually on top of my day job which brings in $500-600k a year depending on bonus. My wife makes 200-275ish on top when she isnt preggers and making $100k. (http://www.autoadmit.com/thread.php?thread_id=5813738&forum_id=2,#49536693) |
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Date: December 24th, 2025 10:18 AM Author: Hang Kikelensky NOW You posted your networth which was stupidly low and your all in from all your kike schemes, never thought i'd see a lying kike how odd! (http://www.autoadmit.com/thread.php?thread_id=5813738&forum_id=2,#49536755) |
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Date: December 24th, 2025 9:43 AM Author: Buy your next house instantly with Zellow! Getting rich in New York is not easy to do. Look at how many billionaires made their fortunes there, versus in places like Omaha, Nebraska or Bentonville, Arkansas or the North Dakota oilfield. There's more parity than one might expect. (http://www.autoadmit.com/thread.php?thread_id=5813738&forum_id=2,#49536689) |
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Date: December 24th, 2025 10:01 AM Author: Yummy Phase Pol Pot But, but...people in Are Country don't have "the hustle and bustle" of The Big City. And what restaurants will they eat at?!?!?
There is so much opportunity outside of the major metros (NY/LA/SF) if one is willing to forego bullshit preftige (which really just creates the worst possible hamster wheel.) Way easier to do something entrepreneurial or take on "risk" in your career (and thus pursue real upside) if your downside is protected by having a lower COL.
And as much as XO shits on proles, there are some perks to having proles in your neighborhood. Warren Buffett unironically gets it right when it comes to living in the same house he bought 50+ years ago. |
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Date: December 24th, 2025 9:39 AM Author: White Shoe & Magic Circle, TP Sweet! 1 percent household income, baby! (http://www.autoadmit.com/thread.php?thread_id=5813738&forum_id=2,#49536683) |
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Date: December 24th, 2025 10:22 AM Author: ''"'''"''"''''"'' In Beijing, Shanghai, Shenzhen, and Guangzhou it is $300-350k. (http://www.autoadmit.com/thread.php?thread_id=5813738&forum_id=2,#49536762) |
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Date: December 24th, 2025 10:23 AM Author: As far as they will go but even farther (🧐) Cool (http://www.autoadmit.com/thread.php?thread_id=5813738&forum_id=2,#49536767) |
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Date: December 24th, 2025 1:07 PM Author: Ozzie Canseco still you have to be a fucking moron to be incable of making shit work on 650k (http://www.autoadmit.com/thread.php?thread_id=5813738&forum_id=2,#49537122) |