Perhaps a better question would be: At what point is one’s vocabularly sufficient to allow one to comprehend, either verbally or in print, what one is hearing or reading?
I’ve heard that a student who understands 5,000 of the most commonly used English words will have a sufficient vocabulary to be able to communicate, listen, and read most of what he encounters in English.
Most GRE preparation classes review 10,000 or more vocabularly words, so it seems to me than an educated native speaker’s vocabulary should be around 15,000 words. My reasoning is that the most commonly used words are used again and again.
I suppose you also need to consider whether to include different forms of the same word. For example, the adjective “common” can be used as an adverb, “commonly.” Seems to me that that would count as only one word, whereas words like “convenient” and “convenience” would count as two separate words.
This question should also consider the role of phrases and phrasal verbs in supporting one’s understanding of the English language.
I’m obviously no expert. I teach people how to take tests. I’m looking for some expert opinions here.