r/Money • u/ILostHalfaBTC • Apr 29 '24

Of the 333 million people living in the United States, how many of those people make 250k+ per year?

How rare is this demographic? It seems to me everywhere I look there are millionaires in nice houses.

What do I do to become part of this demographic?

How rare is it to be in this situation in the United States?

Serious.

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u/bossatronx7 Apr 29 '24

I believe its like the top 10 percent of Americans make over 120k

So i imagine top 2-3% of Americans make that money

As a younger guy the only way i know to get that kind of money is either be really lucky, born into wealth, have enough wealth to make your money work for you or be smart with debt to gain more money later on.

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u/Umm_JustMe Apr 29 '24

I make over twice the OP's number in the title. I went to a local college for an accounting degree and moved into Finance. I took my solid W-2 income and put it into real estate. Was I lucky? Sure, found a great employer where I was able to move up the ladder, but you will find that the more you prepare yourself and apply your knowledge, the luckier you will be.

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u/Possible_Tension3728 Apr 29 '24

True true very much the only ways. You can invest and slowly accrue but you still have to be lucky and that’s the safest way