2/19/2018 0 Comments What's It Take to "Make It"?Here's a very interesting post and infographic on what people think it takes to "make it" in America. 2,000 people were asked what “making it” means to them. Their answers provide some interesting results. Here are a few of the money-related ones and my thoughts on them: Average annual income: Now: $57,426; Made it: $147,104 So while the average person in the survey makes $57k, they feel they would have "made it" is they earned $147k. Wow, that's a big gap. And one that is not achievable by most people. According to WalletHacks, the top 5% of earners earn $130k...
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Households age 55 or older earn about half of all household income in the U.S., but hold over two-thirds of the residential equity and other household wealth, according to the most recent (2016) Survey of Consumer Finances (SCF). The SCF is conducted every three years by the Federal Reserve and serves as one of the few federal sources of information... Read More ›
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January 2019
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