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Let’s look at income stats: to be top 1% earner in US you need to make 787k a year. 1% in California: >1M.

Source: https://www.visualcapitalist.com/mapped-the-income-needed-to...

Several millions of people in US make more than 500k, so it’s not really that rare.

$450/mo on food is probably insane for a homeless person in US, or for an average person in Uganda. Why not slash this amount to, say, $50? I’m sure you can do it if you decide to grow your own food on some remote land. Why don’t you “change your lifestyle”?

I spend 2k roughly 50/50 on groceries and eating out. Nothing fancy.

Bottom line: should I move to a shitty area, put my kids to a shitty school, and cook more (which I do not enjoy)? Why? So that whoever owns arsenal can buy an even bigger superyacht next year?



> On a global basis, the average salary to hit the top 1% is quite a bit lower: an annual salary of about $65,000 does the trick.




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