SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.31-1.1%Nov 6 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TobagoJack who wrote (63367)11/29/2000 10:29:02 PM
From: Wyätt Gwyön  Read Replies (1) of 99985
 
everymen 2000 (one earning $100k and one earning $200k

I feel these incomes are a little high for "everymen". Isn't 200K about 2nd or 3rd percentile (I thought it was first as recently as 96 or so)? Would imagine 100K is still top 5 or 10%.

edit: I imagine selected income level is important as this is a tell on required portfolio size for retirement. In the somewhat unconventional "Money for Life", Robert Sheard recommends 20x income requirement, so for 200k that would be 4mil port. A more conservative portfolio requirement for 200k income (infl. adjusted) might be 50% more (i.e., 6mil).
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext