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A comment on Why Affluent Parents Put So Much Pressure on Their Kids. Parent comment

Re:Why Affluent Parents Put So Much Pressure on Their Kids by ffggvv on Sunday July 04, 2021 @03:41PM (#27732072)
a lot of these professionals could be making 7 or 8 figures a year. they don’t “have” to work. they choose to.

and there’s much more people in this elite strata than if you only count the traditional ultra wealthy

[ Parent | on HN ]
Re:Why Affluent Parents Put So Much Pressure on Their Kids by lotsofpulp on Sunday July 04, 2021 @03:47PM (#27732108)
There are a total of 358k people in the US that earned $1M+ in 2020. Seems like a very small population to be talking about out of a country of 330M. There are probably only ~20k people earning $10M+.

https://dqydj.com/income-percentile-calculator/

There is a vast difference between earning mid six figures and “could be earning 7 or 8 figures”. And there is a vast difference in lifestyle between those who can maintain their lifestyle by doing nothing and those who have to grind to maintain it.

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