Did you make $34,000 last year? If so, congratulations! You're now part of the richest 1% in the world.
Economist Branko Milanovic puts it all in perspective:
The true global middle class, falls far short of owning a home, having a car in a driveway, saving for retirement and sending their kids to college. In fact, people at the world's true middle -- as defined by median income -- live on just $1,225 a year. (And, yes, Milanovic's numbers are adjusted to account for different costs of living across the globe.)
In the grand scheme of things, even the poorest 5% of Americans are better off financially than two thirds of the entire world.