> The typical American household has a median net worth of roughly $192,900.What the fuck? How is that even possible?
>>62361835Add in boomers, early crypto adopting millionaires, regular one percenters, some average fuck who only owns a house, subtract niggers and mexicans... sounds close. I would have guessed 150k
>>62361835350k house minus 50k deposit and 100k left to go + 10k beater = 190k
>>62361835my net worth is $45k. down 10k from a year ago.i am 40 and ngmi.
>>62361847This is like 0 savings and living paycheque to paycheque. >>62361840I guess it is true when the stats show like the bottom 50% are a net negative tax fiscal impact or whatever they say. Yet THESE are the people shouting tax the rich while contributing nothing.
>>62361861You misspelled paycheck.Seriously paycheque is the retarded way of spelling it.
>>62361861the negative tax impact charge is such bullshit. fed govt wont stop spending so much of our goddamn money but somehow the poors who rely on gibs to survive in an increasingly expensive world are to blame for the tax deficit. maybe stop inflating the cost of everything and depreciating the value of the fucking dollar and we wouldnt have a tax deficit in the first place.govt is a bunch of thieving nigger faggots and i am tired of pretending otherwise.
>>62361835Household, not person.
>>62361835it's money laundering
>>62361882>Seriously paycheque is the retarded way of spelling it.that's how it's spelt in Indian Englishliterally saar you bloody benchod bastard
Because MWI dictates that any outcome with a non-zero probability occurs in some branch, there are infinite universes where humanity avoided economic downturns, infinite universes where inflation redefined the value of a dollar, and infinite universes where wealth is distributed much more equitably. In this world the median is significantly higher than $192,900.
>>62361894From the first sentence I thought this was talking about Musk.
>>62361894> but somehow the poors who rely on gibs to survive in an increasingly expensive world are to blame for the tax deficit.They literally contribute nothing though.
>>62361899That’s even worse.
>>62361835Let me flip it around, if it weren't true how the fuck would the average Joe survive retirement? Yes $200k is the median net worth on average, yes there's 20 something's in that, but if you ONLY have $200k at retirement you're FUCKED into a poverty-tier level of life until you're dead. If you don't understand how little you're living on with $200k you're a brainlet.So obviously people trying to get their shit together HALFWAY by retirement have way more than $200k, which usually means having $200k by 25 or 30 or so. Lots of people fuck that shit up but that's how it be
>>62362000What? There are tons of facebook people in their 50’s with no savings.
>>62361835>jeff bezos has 1280456x more money than the average american household>elon musk has 4.85x more money than jeff bezos>the average american is more like jeff bezos than jeff bezos is more like elon muskwhoever wrote this headline deserves to be drawn and quartered by the math police
>>62361835now let's see the median
>>62362000>median net worth on averagei dont think you know what any of those words mean
>>62362060That IS the median.
>>62361882Kill yourself Amerifat.
>>62361835for white adults, the figure is probably, per person, 200+k. browns and black bring down the average.
>>62361894>>62361991>>62362000>if you ONLY have $200k at retirement you're FUCKED into a poverty-tier level of life until you're deadI meet a lot of women in their early to mid 30s who have no education, no advanced skills beyond operating an espresso machine, zero savings, no drive to improve their situation, and bad spending habits. They're all living day to day, don't give a shit about investing, and assume they'll retire comfortably like their (usually boomer) parents.My ex is one of these types. I expect things to get really bad in a decade or two.
>>62362079Screenshot says average
>>62362091Bro. Stop with this muh white thing. >>62362117Holy shit, people like you post here.
>>62361835It is insane how a lying hack like Musk is so rich. Actual clown world.
>>62361914I had a feeling OP was brown.
>>62362108i blew through 100k in less than 5 years. i was splurging a little; gayming pea sea, took the gf to disneyland, take out, shit like that. but it was mostly just rent and bills. that was 10 years ago.i doubt it would even last that long with inflation, if i did it all over again.
>>62362307>disneylandIs your gf years old ?
>>62361835It means more than one person living in the house works a full time job.
>>62361835>$247 billion - $192.9k = $246.8 millionokay
>>62362318she was in her 20s and had an 8 year old kid.we all had a great time.
>>62362307yeah my wife and I blew through $100k in a single year in 2023. Just vacations and eating out and bought a car. It's pretty easy to run through that much.
because all of the faggots here who claim to be doctors and google ai engineers are fucking lying, why the fuck do you think they're always shilling the dumbest shitcoins.
>>62361861>I guess it is true when the stats show like the bottom 50% are a net negative tax fiscal impact or whatever they say. Yet THESE are the people shouting tax the rich while contributing nothing.huh yeah why would people say "tax the people who underpay us so that we live shit lives" crazy that.
>>62362000>having $200k by 25 or 30 or soyeah dude, just save your entire salary for 5 to 10 years
>>62362443You don’t get underpaid. There is someone else willing to work for lower.
>>62362592That's called being underpaid, you lolbertarian broke faggot.
>>62362475Because boomers destroyed wages to the point the only way to make money anymore is to literally be a doctor (aka one of the most difficult career choices) we are living in a singularity of retardation from libertarian dipshittery where things will only get worse. Saving your salary for survival and trying to market gain it upwards is the only way to not fucking die, instead of being incredibly prosperous like a boomer would be in the 1980s doing the same shit.
>>62362353do you think her 18yo daughter is hot now.
>>62361847/thread.
>>62362595How is that underpaid, you agree to work for the pay.
I'd rather live in a dystopia full of elon musk faggots than jeff bezos thoughat least elon musk is like some sci fi villain than jeff bezos who is some absolutely insufferable boring faggot who just wants to ruin your life with the gayest commerce business imaginable
>>62362598No. I am only interested in her son.
>>62362682Ok Elon>>62362682Cope
>>62362340seems like you're the only one that noticed the mistake, kek/biz/ low iq confirmed
>>62361835housing. If the housing market was adjusted for real worth, most Americans wouldn't be worth their own wages.
Home net worth is the difference maker. My NW is an unimpressive 300k. throw in the 100% equity on my house and 750k looks a lot nicer
>>62361835>roughly $192,900Double that, only 25% have 400kDouble that, only 12% have 800kDouble that, only 6% have 1.6MSeems legit, only 10% of americunts are millionaires on paper.
>>62361835Are you surprised that this is a lot? Or surprised that this is very little? I am not even sure. It seems pretty reasonable to me.
>>62361835>average>typicalThis board, man...Do you retards even know what AVERAGE means? Did you all miss elementary school?
>>62361835That’s only two people making 95k, it’s not that hard
>>62361847>beaters are 10kFeeling old rn
>>62361840>median
>>62363112Just another word for medium right? Which is like average right?
>>62363026Most people irl are mid wits. I live in a big city so I just apply that demographics here and also add a bunch of blue collar and rural and suburban people here. 70% of this board are poor wagies and poor. 70-90% are chugging at a job and saving a little and maybe investing but mainly treading water. Top 10% having blast.
>>62361835Lean about statistics, retard. The median is 200k but you have multimillionaires and poorfags skewing the figures.
>>62363137Average is adding everyone's net worth up together then dividing by the number of peopleMedian is the most common or frequent networth
>>62363083most i made was 40kthere are dudes that work at burger king for 20 years and get nowhere. no woman making 95k is going to marry them, obviously.it absolutely is hard, but the middle class doesnt care. they got theirs.
>>62361835>How is that even possible?mortgages and credit cards
>>62361835>246.8 Million to get to Jeff Bezos's net worthAI generated bullshit
>>62363184Average would be skewed up because of rich outliers. Median gives you a better picture of where average people are at.
>>6236318410% of people have 1m. 2.5% excluding a house. Household net worth being $200k is low af no matter what.
>>62362682>free speech is villainyyou reddi tors are actually retarded.
>>62363083>Just make close to six figures bro
>>62363292bro it's like current year plus like idk 15? 100k is literally an embarrassing annual pay (for anyone over the age of, say, 28) and this isn't a hot takeinb4 a bunch of hurr durr city slicker shitget some self respect
Some people genuinely can't wrap their heads around the insane level of inflation since covid. Far, far above the officially reported numbers.$192k is fucking nothing nowadays
>>62363306>>62363308I'll expand on this briefly. Growing up we had the boardgame Life from like 1990 or so. The salaries ranged from 20k to 100k, I think. It's the official policy to have the value of currency every ~35 years. So, those have now doubled from 40k to 200k. And that's it you believe they nailed their target of 2% inflation and didn't exceed that, which they ABSOLUTELY didn't. I think it's plausible that inflation probably was closer to double that, so that puts the low end (poverty tier) at 60k and high tier at 300k, which I think is actually pretty reasonable. So yeah, 100k being like a shade above poverty tier nowadays pretty much checks out.
>>62363323So if you don't make six figures and have a seven figure networth, you're lower class?
>>62361835>How is that even possibleIts """net worth""". They don't actually have the money. I own 90k on my house and its worth nearly 300k. So I have 200k of fake net worth from my home. Can I do anything with it? No, its fake shit. If I sold the house I would just have to go buy another 300k house.
>>62363328When you take the 3 biggest household costs into account, (housing, transportation and food) all of which has risen to insane levels due to unreported inflation, then yeah, $100k a year is bordering on lower class right now
>>62363346> If I sold the house I would just have to go buy another 300k house.Or you could, you know, rent a room and keep the money?
>>62363328Pretty much, yes.Numbers change, 100k and 1M do not mean what they did 30, 20, 10, 5 years ago.
>>62361835is 192 a lot or a little? You meant a little right? Its not even a house.My households NW is over a million...thats a house.
>>62361851self aware + delusional is a nasty combo. At a certain point just ride the wave.> tax the rich Kill the rich. Not because they deserve it, but because we do.
>>62361835Seems like OP is a manchild and knows nothing.midwit.
>tfw my networth is more than a households as a single dude
>>62363323American average salary is $65k. Lmao.
>>62363328If you’re not in the top 10%, you’re lower class. >>62363384That’s very little. That’s literally a salary. lmao. >>62363395Yeah ikr, majority of people are so pathetic. >>62363346That’s still networth. That’s why you can also exclude a primary home if you want. >>62363308> Some people genuinely can't wrap their heads around the insane level of inflation since covid. Or the wealth gap or how much salary is needed to live a normal respectable life in a good area and not be seething at the rich.
>>62363389yeah, killing them is bestthey've done everything they possibly can to pull the ladder up behind themI don't want their money. I just want them dead
>>62361847kek this. it's massive propped up by plywood box equity -- which is fake because it's NEVER adjusted for the present value of all future cash outflows associated with taxes, maintenance, insurance, etc.
>>62364046So you’re mad cause you failed to get up ladder. Eat shit.
