Are You In The One Percent? Here’s A Wealth Rank Calculator

Forbes ^ | 10/07/2019 | William Baldwin

[Political Junkie Too]

Here is a table from the following web article United States Net Worth Brackets, Percentiles, and Top One Percent. Data is from 2017.

Use this instead of entering your financials into a Google spreadsheet.

Net Worth Percentile	Net Worth
10.0%	-$962.66
20.0%	$4,798.06
30.0%	$18,753.84
40.0%	$49,132.21
50.0%	$97,225.55
60.0%	$169,550.64
70.0%	$279,594.27
80.0%	$499,263.50
90.0%	$1,182,390.36
95.0%	$2,377,985.22
99.0%	$10,374,030.10

-PJ

[sphinx]

For later

[SeekAndFind]

RE: open google, give income

seems harmless enough

___________________________

I’m curious to know how Google determines if the data being entered is true or false. What if I, a poor man, entered a million dollars? How will Google know that it’s fake data for me?

[SeekAndFind]

What is Net Worth?

Does it include your home equity and your retirement/pension/401K?

[Psalm 73]

"Entering your net worth into a Google Sheet document is not something I would recommend."

Not a problem - just password protect it with your credit card number and PIN...

[Migraine]

Don’t know about my percentile. But I have enough of this world’s goods.

More importantly, I’m born again and have Jesus Christ in my heart and life. I wish there were more Americans who knew the Lord as Savior.

[kjam22]

Net worth is the value of everything you own minus the debt you have.

[SeekAndFind]

RE: Net worth is the value of everything you own minus the debt you have.

I’ll have to revalue my stamp collection then :)

[Simon Foxx]

Folks - “You need to log into your Google account” to use the calculator.

So ... if you want Google to keep track of what you put in and associate it with your account info ... and share it with ... whomever it wants ... well, go right ahead ...

... as for me ... I don’t think so!!

[z3n]

At the very least, they probably just want to track the data put in only, and process the results like an unscientific poll. But I am not familiar with how much data is able to be collected from google docs, because I avoid public cloud shared documents like the plague (don’t make them, don’t use them). If cloud services are anything like web services, you can see the IP and the OS version (at a minimum) of the clients that are requesting the document(s). In this case it would be Forbes or the document author or anyone with access rights. So you have your basic tracking right there. Now if google is in on this, then you open up a whole world of data aggregation, because goodle likely already knows who is using your IP right, including identities, social media accounts, shopping data, etc, and your income levels are now being added to the pot.

... or not

[minnesota_bound]

I use to be in the 1% but then I met a women.... : )

[kjam22]

LOL... yep... net worth changes from day to day.... just like the value of your stamps.

[Political Junkie Too]

Usually, yes, net worth includes the value of your real property minus mortgage, as well as retirement/pension/401(k) minus liabilities (credit cards, loans, etc.).

Generally, net worth is assets minus liabilities (what you own minus what you owe). Net income is income minus expenses (what you earn minus what you spend).

-PJ

[coaster123]

And I didn't’t even have to build it.

[dljordan]

“Entering your net worth into a Google Sheet document is not something I would recommend.”

What? You don’t trust the ‘Don’t Be Evil’ crew?

[Starboard]

Good comment.

[SeekAndFind]

RE: I use to be in the 1% but then I met a women.... : )

MAN: I give my wife credit for making me a millionaire.

INTERVIEWER: What were you before you met her?

MAN: A multi-millionaire.

:)

[coaster123]

“People in the top 1% do not..

How do you know?

[SunkenCiv]

They told me in FReepmails.

Hey, wait a minute...

[null and void]

In your imagination!