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A comment on Americans Now Need at Least $500k a Year to Enter Top 1%. Parent comment

Re:Americans Now Need at Least $500k a Year to Enter Top 1% by jki275 on Wednesday October 16, 2019 @09:34PM (#21278151)
S&P 500 index fund will probably average you around 7%.
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Re:Americans Now Need at Least $500k a Year to Enter Top 1% by MR4D on Wednesday October 16, 2019 @10:35PM (#21278437)
I happened to look this up earlier today for a completely different reason - S&P results to date since 1/1/2000 is 5.6% assuming dividends were reinvested.
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Re:Americans Now Need at Least $500k a Year to Enter Top 1% by jki275 on Thursday October 17, 2019 @01:51PM (#21284575)
Ah, I was off a bit then. Thanks for the update.
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Re:Americans Now Need at Least $500k a Year to Enter Top 1% by gitgudnubs on Monday October 28, 2019 @05:14PM (#21381751)
No you weren't. That period includes one of the worst recessions in recorded economic history. The other guy either intentionally picked and chose his years, or is simply bad at research.

An inflation adjusted long-term trend is over 7%.

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Re:Americans Now Need at Least $500k a Year to Enter Top 1% by jki275 on Tuesday October 29, 2019 @07:50AM (#21386056)
That's a fair point, but I don't think it's ridiculous to choose the last 20 years as a discussion point.
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