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Where are you seeing that $28k/yr is the median income? Bear in mind this is per month, not per pay period.
by cookiecaper 11y ago
Where are you seeing that $28k/yr is the median income? Bear in mind this is per month, not per pay period.
- dangrossman 11y agoJust a guess, but if he threw "median personal income US" into Google, it would've quoted from Wikipedia: > The overall median income for all 155 million persons over the age of 15 who worked with earnings in 2005 was $28,567 Which, divided by 12, is $2380. https://en.wikipedia.org/wiki/Personal_income_in_the_United_States https://en.wikipedia.org/wiki/Personal_income_in_the_United_...
- cookiecaper 11y agoI checked before posting by typing in "median us income": https://archive.is/M05IS https://archive.is/M05IS . It's $51,939. The difference is that this is median household income, not median personal income. This is the answer I usually see when median income is discussed, and it's really debatable which is the most appropriate to use when discussing what a person can "live off of", though I accept that personal median income is the most direct analog to personal Social Security payments. The real question is whether the OP has a wife that will also be collecting SS.
- deleted 11y ago[deleted]