I was reading this article today:
You may be higher up the global wealth pyramid than you think | The Economist
Which essentially says if you have $744,000 you are part of the wealthiest 1%. From my previous "what are you spending" thread I believe (and maybe this is a misleading impression) that the majority of people frequenting this forum are spending at a level which puts them not in the 1% but probably in the 0,01%.
What do you think?
I have posted this link to previous threads about wealth accumulation.
Wealthometer: USA
Input your assets and debts, and it gives your % standing in the U.S (there is an Austrian version - see "about us" on their site). Divides net worth by household members, so leave it a "1" to get the best feel good scenario
We live the Millionaire Next Door lifestyle (not even our kids know our net worth), and life is a lot less complicated for us this way IMHO.
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