Thanks for the data link! That paints a far less dire picture.
If I look on Table 4 of 2011 Excel sheet, the highest quintile incomes (still far under $250K/year median I'd presume) have a 74% chance of having a net worth over $100K. That isn't a perfect apples-to-apples invalidation of my premise, but it's close enough to give me comfort that I was being too pessimistic.
If I look on Table 4 of 2011 Excel sheet, the highest quintile incomes (still far under $250K/year median I'd presume) have a 74% chance of having a net worth over $100K. That isn't a perfect apples-to-apples invalidation of my premise, but it's close enough to give me comfort that I was being too pessimistic.