That's a fair point on the definitional side, but anyone making 400k/year can comfortably enter the capital class in 4-5 years. So there won't be that many workers in this income bracket, as that's a very temporary condition to be in.
If you have enough savings to live off for 20 years, you can put that in a mutual fund and live off it indefinitely, which would make you a capitalist.
That's a fair point on the definitional side, but anyone making 400k/year can comfortably enter the capital class in 4-5 years. So there won't be that many workers in this income bracket, as that's a very temporary condition to be in.
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If you have enough savings to live off for 20 years, you can put that in a mutual fund and live off it indefinitely, which would make you a capitalist.
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A 5% return on 400k is pretty easy to get.