Sources online show that about 8% of Americans are millionaires, with a significant bump during COVID (probably because of the stock market.) About 10% of households are.

It's hard to find precise qualifications for how they determine that, though. The households figure doesn't include primary residence value (why?), and the individual statistics don't mention liquidity. I suspect that only a small percent of that 8% actually has $1+ million liquid.

Definitely not liquid cash, but assuming that a not insignificant portion of those people are retirees or planning to retire soonish (which is when net worth peaks), I wouldn't be surprised if the percentage of decently liquid assets like stocks and bonds are higher than you might think.

Alright, the actual figure is $1,2M for the 90-percentile household net worth. For the individual that's to be divided by 3 (since there are about 120M households in the U.S.). We are at the 96-percentile for $3M household net worth.

So yeah, 4%-ers then. Really makes a big difference to my point. This is totally gonna change everybody's life. (I.e. those who can afford it, while the majority is scraping by from paycheck to paycheck.)

Owning a house doesn't just allow you to fly business all the time

this comment reminded me of this http://www.temporarilyembarrassedmillionaires.org/