80,000 sounds way too low (since it's not $2m, it's $1m assets OR $200k (single) $300k (joint) income).

"We estimate in 2020 there were 13,665,475 accredited investor households in America." https://dqydj.com/accredited-investors-in-america/

I'd argue SEC pushes people who aren't accredited investors into riskier investments.