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Measuring wealth without adjusting for lifecycle effects (which is how it's usually done) is a meaningless exercise. A doctor four years into his or her career
by bzbarsky 11y ago
Measuring wealth without adjusting for lifecycle effects (which is how it's usually done) is a meaningless exercise. A doctor four years into his or her career almost certainly has negative wealth, while any retiree not solely depending on a government pension presumably has some reasonable wealth.