Re:Higher-paid, faster-growing tech jobs are concentrating i...
by madcaptenor on Friday July 28, 2017 @03:14PM
(#14876732)
OK, savings rate does vary by income, according to the Fed: https://www.federalreserve.gov/econresdata/2016-economic-wel... . They only break things out into three income brackets (0-40K, 40K-100K, 100K+) - but even in the 100K+ bracket the median savings rate is somewhere between 6 and 10%, which isn't quite "max out the 401k" level. It looks like the data is available (https://www.federalreserve.gov/consumerscommunities/shed_dat...). The survey asks about level of education, what field that education was in, and number of children, so something like what you're asking about is actually checkable.
This would be quite difficult for someone on an average salary with kids, or sometime who works in an industry where keeping up appearances is important.