this post was submitted on 17 May 2026
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[–] ranzispa@mander.xyz 1 points 5 hours ago (3 children)

One million is more money than most people earn in a lifetime of work.

[–] Nalivai@lemmy.world 3 points 4 hours ago (2 children)

Median income in California is around 95k yearly, which means you get your million after 10 years of work

[–] Duke_Nukem_1990@feddit.org 2 points 3 hours ago (1 children)

Most people don't live in California.

[–] Nalivai@lemmy.world 0 points 3 hours ago (1 children)

Most people don't have medical bills or student debts to worry about, so potato potato

[–] Duke_Nukem_1990@feddit.org 1 points 3 hours ago

What does that have to do with income?

[–] ranzispa@mander.xyz 1 points 3 hours ago (1 children)
[–] Nalivai@lemmy.world 0 points 3 hours ago (1 children)

If we're talking other countries we need to adjust to prices in other countries, ones that don't have student debts and medical bills to worry about. If I get analogue of a million bucks in my currency, I wouldn't have to sweat how much of that I will have to give up because I had bad cold 10 years ago. It's a different world, so it's a different million

[–] Bluescluestoothpaste@sh.itjust.works -2 points 3 hours ago (1 children)

If we’re talking other countries we need to adjust to prices in other countries,

Yes, economists do that, we all are aware

[–] Nalivai@lemmy.world 2 points 2 hours ago (1 children)

Well, in this conversation we aren't. We compare a million dollars in context of the US, and a salary on the other side of the world.

[–] Bluescluestoothpaste@sh.itjust.works 1 points 2 hours ago (1 children)

Yes, that's what we're doing. You might not be doing that but then you're replying to the wrong comments.

[–] Nalivai@lemmy.world 0 points 2 hours ago (1 children)

Did you lost the context already? Come on, we're only like 6 short comments deep at this point, it's not that complicated.

[–] Bluescluestoothpaste@sh.itjust.works 0 points 1 hour ago (1 children)

The context of a thread started by someone referring to the global average and you interjected with your united statesian centric perspective?

[–] Nalivai@lemmy.world 1 points 1 hour ago

Are you guys all can't read more than two comments deep?

[–] cpaq47@lemmy.world 3 points 4 hours ago (1 children)

I heard that when I was a kid, and it may have been true then. There's no way this is true anymore. It would mean you make an average of under 30k per year for your working life. True for some I'm sure, but not way it's most. A billion tho...

[–] ranzispa@mander.xyz 0 points 3 hours ago (1 children)

30k a year is a good salary in most European countries. In most other parts of the world that's being rich. My statement stands true: one million is more than a lifetime of work for most people in the world.

[–] Nalivai@lemmy.world 2 points 3 hours ago (1 children)

Median salary in EU is 39k. 30k will be a bad salary for most people in most European countries.

[–] ranzispa@mander.xyz -1 points 3 hours ago (1 children)
[–] Nalivai@lemmy.world 1 points 2 hours ago* (last edited 2 hours ago)

Fair enough. 30k netto seems to be closer to a median then.

[–] YawningNostalgia@thelemmy.club 0 points 2 hours ago (2 children)

It demonstrably is not. The average over a lifetime was 1.7M in 2023.

[–] Ageroth@reddthat.com 1 points 1 hour ago

Mean average maybe, what about median?

[–] ranzispa@mander.xyz -1 points 1 hour ago

Where does your average come from?