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That’s awesome. I’m an electrician and know plenty Official Diego Maradona Rip In Peace Shirt guys who have done quite well going out on their own. Not that kind of money, but it’s certainly something I’ve been thinking about. It’s sad that the next step up from genius doctor or engineer wealth-wise is almost always pushing piles of money around, not actually innovating or creating anything (unless credit default swaps are “innovative.”). You’re absolutely right. I don’t understand how people are arguing about this. 400k is undoubtedly good money, but it is not anywhere near the level of wealth that is being discussed in the original post. 400k isn’t that unobtainable.

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And doesn’t require top-tier colleges or running Official Diego Maradona Rip In Peace Shirts elbows with the elite. Doctors, many lawyers, upper management at profitable companies, airline pilots, etc all can make that. About 5% of the lowest income bracket will move up to earn more than their parents, after factoring for loss of buying power. 17.6%. That’s the childhood poverty rate. That’s about $21k/yr for a household. 43%. That’s the percent of households in Michigan that are too poor to afford basic necessities on a weekly basis. 400K IS unobtainable as a practical matter for over 50% of the population. They have 0 chance of ever making it there.

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