Current Events > There are more millionaires in the US than there are people in Greece.

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Squall28
12/22/20 1:17:52 PM
#1:


Crazy to think about.

Average age is 62.

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VipaGTS
12/22/20 1:18:40 PM
#2:


crazier still...they only make up the 1%.

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Squall28
12/22/20 1:24:22 PM
#3:


VipaGTS posted...
crazier still...they only make up the 1%.

It's 6.71% according to Kiplinger. The secret seems to be just saving money until you are old as evidenced by the average age. A lot of it is tied to home values. Most of them are just out there living normal lives.

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The Trent
12/22/20 1:25:14 PM
#4:


i hope they lose everything and die in misery except for the greek ones

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Grogu
12/22/20 1:25:16 PM
#5:


I thought Greece was very poor?
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bobaban
12/22/20 1:27:06 PM
#6:


Thats net worth not liquid worth
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Squall28
12/22/20 1:28:02 PM
#7:


Grogu posted...
I thought Greece was very poor?

The quote meant the entire population of Greece. Not their wealth level.

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VipaGTS
12/22/20 1:28:19 PM
#8:


Squall28 posted...
It's 6.71% according to Kiplinger. The secret seems to be just saving money until you are old as evidenced by the average age. A lot of it is tied to home values. Most of them are just out there living normal lives.
oh my mistake i read "billionaires".

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Grogu
12/22/20 1:29:50 PM
#9:


Yeah I get that but youre not going to get many millionaires in a poor country.

Even still, youre comparing the 3rd most populous country to the 85th... theres no insight here.
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VipaGTS
12/22/20 1:30:42 PM
#10:


Grogu posted...
Yeah I get that but youre not going to get many millionaires in a poor country.
....Apparently you don't get it lol

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Grogu
12/22/20 1:38:13 PM
#11:


Oh, duh, how stupid of me. Still...

Grogu posted...
Even still, youre comparing the 3rd most populous country to the 85th... theres no insight here.


This still stands
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twitterfriends
12/22/20 1:39:02 PM
#12:


A million is not a lot in America, in some places that's the average home price

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Solid Snake07
12/22/20 1:45:43 PM
#13:


VipaGTS posted...
crazier still...they only make up the 1%.


Lol, a million dollar net worth does not put you in "the one percent"

The top 1% of earners make like half that in a year.

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Prismsblade
12/22/20 1:52:05 PM
#14:


It's kind of amazing that a million dollars worth isnt even that big of a benchmark to reach anymore in our country when its absolutely unimaginable in most others.

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tommybel89
12/22/20 1:52:53 PM
#15:


Greece has had a flat population of about ~10 million my whole life. Thats wild.

Anyway, I'm Greek Canadian. Don't have a lot of insight but Greece is a high old age population and a place where good work is hard to find. Many people move to Germany or other western countries.

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Solid Snake07
12/22/20 2:16:53 PM
#16:


Prismsblade posted...
It's kind of amazing that a million dollars worth isnt even that big of a benchmark to reach anymore in our country when its absolutely unimaginable in most others.


Who said it's not a big benchmark? A million dollars is enough to retire pretty comfortably I most areas of the country

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