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SVTPerformance's Chain of Restaurants
Road Side Pub
Six Figure Income
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<blockquote data-quote="FJohnny" data-source="post: 16306937" data-attributes="member: 191643"><p>Ha ha. Good advice. Except it's clear from the answers that it's not that simple, is it?</p><p></p><p>Some said to use math and advocated 500 K as the dividing line. But that's not right, is it? 6 figures starts at 100K and goes to 999,999. A 900K interval. So the average 6 figure (and median, for that matter) is 100 + (900/2) = 550K as the break point between high and low 6 figure number. Not simple!</p><p></p><p>But it's income in the question. Not math.</p><p></p><p>Take a hypothetical guy I know well. Hs first real job pays $30K/yr. He can't even imagine that giant amount being spendable it's so huge. During his career he at times tops a mill a year but wishes for more. Then he retires and again thinks any 6 figure is high so anything over 100K is high 6 figures.</p><p></p><p>So, I think 650K+ is high but the correct answer is really 'all of the above'.</p><p></p><p>Hope guys in other forums aren't reading this Bullshit. We look weird if they are.</p></blockquote><p></p>
[QUOTE="FJohnny, post: 16306937, member: 191643"] Ha ha. Good advice. Except it's clear from the answers that it's not that simple, is it? Some said to use math and advocated 500 K as the dividing line. But that's not right, is it? 6 figures starts at 100K and goes to 999,999. A 900K interval. So the average 6 figure (and median, for that matter) is 100 + (900/2) = 550K as the break point between high and low 6 figure number. Not simple! But it's income in the question. Not math. Take a hypothetical guy I know well. Hs first real job pays $30K/yr. He can't even imagine that giant amount being spendable it's so huge. During his career he at times tops a mill a year but wishes for more. Then he retires and again thinks any 6 figure is high so anything over 100K is high 6 figures. So, I think 650K+ is high but the correct answer is really 'all of the above'. Hope guys in other forums aren't reading this Bullshit. We look weird if they are. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Six Figure Income
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