News for hackers. Stuff that matters.
Re:The wealthiest 10% of Americans own a record 89% of all U... by dragonwriter on Monday October 18, 2021 @06:35PM (#28912686)
While there is a correlation of net worth and age, there is no age band [0] where the median net worth is even 2/3 of the 75th percentile population net worth. [1]

Age is not a major explanatory factor in wealth inequality. (The fact that the mean income in the 35-44 age range is much greater than the median income at the 65-74 age range, that has the highest median of any age range, also underlines this.)

[0] https://www.visualcapitalist.com/visualizing-net-worth-by-ag...

[1] https://dqydj.com/average-median-top-net-worth-percentiles/

There are no comments on this comment yet.