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vondur 4 hours ago

Look at the comment above, the sample is from really wealthy parents, not the median income in the US, so I'm sure that skews the data.

PaulDavisThe1st 3 hours ago | parent [-]

No, it mentioned 816 out of more than 4500 respondents had net worth over $1M.

That's quite different to your claim.

senordevnyc 2 hours ago | parent [-]

That's also incorrect, it's not net worth > $1mm, it's "those with total household investable assets, excluding pensions, retirement plans and property" over $1mm, which is a much smaller number. The sources I saw said about 4% of US households meet this criteria, but 18% of survey respondents did.

PaulDavisThe1st 2 hours ago | parent [-]

Ah, indeed, I read that line backwards ("excluding" got transmuted to "including").

Right you are.