Silly question, but what are the actual thresholds (income, total net worth, whatever) that define “the 1%”?
I’d always assumed >$1m net worth (home equity plus savings plus pension and other investments) or maybe around $200k/yr income was not even remotely close to get into the 1%, and the real number is probably closer to $5m and/or a >$300k/yr salary. But what are the actual numbers?
