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Top 10% Income by Age. How Do You Compare?
Using U.S. Census Bureau household income data, here’s how much you need to earn to be among the highest-earning 10% of households in your age group.
And the numbers might surprise you, especially when you see which age group earns the most.
Remember, this is HOUSEHOLD income, not individual salary. If you have multiple earners in your household, their incomes count toward the total.
If you’re in the top 10% for your age, comment your age and occupation! I want others to see what’s possible.
#SalaryTransparency #Salary #Income #PersonalFinance #FinancialLiteracy
Transcript
Are you doing well for your age? Let's see. This is the income needed to be in the top 10% by age using the latest available data from the United States Census Bureau. If you end up falling into the top 10% for your age, comment your age and occupation because I want others to see all the different paths that they could take to become a high earner and reach the top 10%. Quick note, this is household income data. So if you live in a multi income household, you would add all your incomes together to see exactly where you land. Starting off with those ages 75 and older, income needed to be in the top 10%, 128,000. For ages 65 to 74, 188,000. For ages 55 to 64, 250,000 for ages 45 to 54. This is where we peak 255,000 for ages 35 to 44. If you haven't done this already, make sure to hit that follow button to get smarter with your money. 210,000. And finally, for those under the age of 35, income needed to be in the top 10%, 122,000.