Salary calculator: This calculator shows how high your income is in comparison
Do you belong to the upper class? A new study shows a comparison: The interactive calculator determines where you stand. For one group, advancement to the top earners is particularly difficult.
Berlin - The question of whether one is already rich or not is a matter of personal definition, and there are various ways to measure wealth. Some people define riches by specific monetary amounts, such as 500,000 Euros, a million Euros, or even more. Others ponder the percentage of the population they would consider rich. Economists, sociologists, investors, and financiers often debate the definition of wealth, as it is ultimately an individual decision.
Current data from the Deutsche Bundesbank provides insight into the overall financial situation of Germans. To assist individuals in determining their level of wealth, the Handelsblatt has developed a calculator based on a survey of nearly 4,000 households. This survey aimed to reach particularly affluent households as well. The calculator allows for a specific comparison: where does one stand in terms of available wealth compared to the portion of the population they deem rich?
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
